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Pradhan Mantri Kisan Samman Nidhi Yojana Government Scheme of the day
General awareness is considered to be the high scoring section in any competitive exam. It includes two main portions, current affairs GK and static GK. In this article, we will discuss some really important Banking Awareness topics that are covered in almost all competitive exams. Also, you can download the PDF of Government Scheme of the day (Pradhan Mantri Kisan Samman Nidhi Yojana)
In a series of sharing useful study material for upcoming banking exams. Here, we are providing  notes for all banking Exams (IBPS, SBI & Other Banking Exams).
 Pradhan Mantri Kisan Samman Nidhi Yojana (PM-Kisan Yojana)
Objectives of PM-KISAN scheme
Pradhan Mantri Kisan Samman Nidhi Yojana is implemented as a central sector scheme by the Government of India. This scheme was introduced to augment the source of income of many small and marginal farmers. The main objectives of the PM-KISAN scheme are mentioned below:
- To provide income support to all eligible land-holding farmers and their families.
- PM-KISAN scheme also aims to supplement the financial needs of the farmers in procuring various inputs to ensure proper crop health and appropriate yields, commensurate with the anticipated farm income.
- The scheme is expected to increase the coverage of PM-KISAN to around 14.5 crore beneficiaries. It aims to cover around 2 crores more farmers with an estimated expenditure of Rs. 87,217.50 crores that will be funded by the Central Government for the year 2019-20.
- Landholding farmers’ families with cultivable landholding in their names can apply under this scheme
- Farmers from both the urban and rural areas
- Small and marginal farmers families
- Institutional landholders
- Present or retired officers and employees of state/central government as well as PSUs and government autonomous bodies.
- Beneficiaries with higher economic status are not eligible.
- Those who pay income tax
- Farmer families holding constitutional posts
- Professionals like doctors, engineers and lawyers
- Retired pensioners with a monthly pension of over Rs 10,000
