Kisan Pension Scheme: Pradhan Mantri Kisan Maandhan Yojana 2020 – (Online application)

Under the Pradhan Mantri Kisan Maandhan Yojana, all the small and marginal farmers of our country will be provided pension by the government to live properly in old age. The scheme has been launched by the Central Government on 31 May 2019. Under this Pradhan Mantri Kisan Maandhan Yojana 2020, a pension amount of Rs 3000 per month will be provided to the small and marginal farmers of the country on completion of 60 years of age. Dear friends, today we are going to provide you all information about this scheme like documents, eligibility, application etc. through this article.

Kisan Pension Scheme 2020

This scheme is also called Kisan Pension Yojana. The beneficiaries applying under this Kisan Pension Scheme 2020 should be 18 to 40 years old. The central government will cover 5 crore small and marginal farmers under this scheme by 2022. The benefit of this Kisan Maandhan Yojana will also be given to those beneficiaries who have arable land of 2 hectares or less. Under this scheme, if the beneficiary of the beneficiary dies due to some reason, then the beneficiary’s wife will be given Rs. 1500 per month.

Also Read: Prime Minister Housing Scheme List 2020-21: PMAY List (pmaymis.gov.in)

Prime Minister Kisan Maandhan Yojana 2020

The beneficiaries applying under Kisan Pension Scheme will also have to pay premium every month. The beneficiaries of the age of 18 years will have to pay a premium of Rs 55 per month and the beneficiaries of the age of 40 have to pay a premium of Rs 200. Only then can he avail the benefits of this scheme on completion of 60 years of age. Under the Pradhan Mantri Kisan Maandhan Yojana, the beneficiary should have a bank account and the bank account should be linked to the Aadhaar card. Under this scheme, funds given in old age will be directly transferred to the bank account of the beneficiary.

Pt Kisan Mandan Scheme Highlights

Official website https://maandhan.in/

Objective of Prime Minister Kisan Maandhan Yojana 2020

The main objective of this scheme is to provide financial assistance to small and marginal farmers of the country by giving a monthly pension of 3000 rupees after the age of 60 years and to meet the economic needs of their old age. Making the farmers of the country self-sufficient in old age and empowering the landless farmers under the Pradhan Mantri Kisan Maandhan Yojana 2020. Providing social security to the farmers and securing their future and developing and strengthening the farmers of green country under PM Kisan Maandhan Yojana 2020. This is the goal of this scheme.

PM Kisan Maandhan Yojana 2020

Under this scheme, 50% premium will be given by the beneficiaries and the remaining 50% premium will be given by the government. They want to apply through the nearest Public Service Center (CSC). Under this scheme, Life Insurance Corporation (LIC) acts as a fund manager nodal agency. The annual budget of this scheme has been kept at 10 774 .5 crores.

 

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