Farmer Pension Scheme: The government has introduced a new Farmer Pension Scheme aimed at providing financial security to small and marginal farmers across the country. Under this scheme, eligible farmers will receive a monthly pension of ₹3,000 after reaching the age of 60. The initiative is expected to benefit millions of farmers by ensuring a stable income during their old age.
Farmer Pension Scheme: A Step Towards Rural Welfare
The central and state governments have launched various welfare schemes to support farmers, such as the PM-Kisan Samman Nidhi, Kisan Credit Card, and PM-Krishi Sinchayee Yojana. These initiatives provide financial assistance, low-interest loans, and irrigation facilities to farmers.Also Read: PM Modi Distributes 65 Lakh Property Cards Under SVAMITVA Scheme, Total Reaches 2.25 Crore
Now, the PM-Kisan Maandhan Yojana has been introduced to offer a fixed pension of ₹3,000 per month to eligible farmers. This scheme ensures that small and marginal farmers receive financial support even after they retire from active farming.
For example, if a 30-year-old farmer contributes ₹100 per month, the government will also contribute ₹100, making a total contribution of ₹200 per month towards the farmer’s pension.
Now, the PM-Kisan Maandhan Yojana has been introduced to offer a fixed pension of ₹3,000 per month to eligible farmers. This scheme ensures that small and marginal farmers receive financial support even after they retire from active farming.
Eligibility Criteria for Farmer Pension Scheme
To avail of the benefits of the Farmer Pension Scheme, applicants must meet the following criteria:- The applicant must be a small or marginal farmer with cultivable land of up to 2 hectares.
- The farmer should be between 18 and 40 years old at the time of registration.
- The applicant must not be a taxpayer or a government employee.
- The scheme is specifically for rural farmers; urban farmers are not eligible.
Contribution & Government Support
Farmers enrolling in the PM-Kisan Maandhan Yojana are required to make a small monthly contribution ranging from ₹55 to ₹200, depending on their age at the time of registration. The government will match the farmer's contribution, ensuring that the pension fund grows over time.For example, if a 30-year-old farmer contributes ₹100 per month, the government will also contribute ₹100, making a total contribution of ₹200 per month towards the farmer’s pension.
Application Process: How to Enroll in the Farmer Pension Scheme?
Farmers can easily register for the Farmer Pension Scheme through the following steps:- Visit the Nearest Common Service Centre (CSC) – Farmers can apply for the scheme at their nearest CSC center.
- Provide Necessary Documents – The required documents include: Aadhaar Card, Land Ownership Certificate, Bank, Account Details, Age Proof, Mobile Number
- Biometric Authentication – The applicant's fingerprint will be scanned for verification.
- Choose Contribution Amount – Based on their age, farmers will be required to select their monthly contribution amount.
- Receive Pension Card – Once enrolled, the farmer will receive a pension card confirming their participation in the scheme.
Death & Family Pension Benefits
In case of the farmer’s death, the scheme provides a family pension benefit. The spouse of the deceased farmer will receive 50% of the original pension amount, ensuring continued financial support for the family.Also Read: National Digital Health Mission to Launch Soon: ABHA Card to Transform Healthcare in Odisha
Additionally, since the government matches the farmer’s contribution, it acts as a secure investment for farmers, providing them with financial stability and social security.
For more details, farmers can visit their nearest CSC center or check the official government website for online registration. The ₹3,000 monthly pension is a significant relief for small farmers, ensuring they receive financial support when they need it the most.
Why This Scheme is Crucial for Farmers?
Many small farmers struggle with financial instability, especially during old age when they are no longer able to work actively. The PM-Kisan Maandhan Yojana ensures a steady income, helping farmers lead a dignified life post-retirement.Additionally, since the government matches the farmer’s contribution, it acts as a secure investment for farmers, providing them with financial stability and social security.
Conclusion: A Game-Changer for Rural India
With over 2 crore farmers already enrolled, the Farmer Pension Scheme is a major step toward rural economic empowerment. Farmers who haven't registered yet should take advantage of this scheme to secure their future.For more details, farmers can visit their nearest CSC center or check the official government website for online registration. The ₹3,000 monthly pension is a significant relief for small farmers, ensuring they receive financial support when they need it the most.
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