Objectives of Pradhan Mantri Kisan Samman Nidhi
- To keep farmers away from the debt trap and to ensure their long-term commitment to farming activities.
- It provides assistance to all qualifying farmers and their families who were eligible to have their own land.
- To assist small and marginal farmers in obtaining the inputs they require.
- To ensure that their crops are healthy and produce the appropriate amount of food, based on the amount of money they expect to earn at the conclusion of each crop cycle
Pradhan Mantri Kisan Samman Nidhi Scheme
The Indian government provides all farmers with basic income support of up to 6,000 rupees per year via the PM Kisan Samman Nidhi Scheme and it is a part of the central sector scheme. The Telangana government launched the Rythu Bandhu scheme in 2018 which acted as a base for the PM Kisan scheme, in which the farmer receives a fixed sum.