Launch of Pradhan Mantri Kisan Maandhan Yojana (PM-KMY). The scheme provides for a minimum payment of Rs 3,000 per month to eligible small and marginal farmers at the age of 60 years.
By the way, the Narendra Modi government of the Center has started many schemes for farmers. But there is also a scheme that protects the old age of marginal and small farmers.
The name of this scheme is the launch of Pradhan Mantri Kisan Maandhan Yojana (PM-KMY). The scheme provides for a minimum payment of Rs 3,000 per month to eligible small and marginal farmers at the age of 60 years. It is a voluntary and contributory pension scheme, in which the age of admission is 18 to 40 years. Let us tell you that more than 21 lakh beneficiaries have been registered under this scheme so far.
This scheme can connect only those farmers who have cultivable land up to 2 hectares. Apart from this, it is mandatory to have an Aadhaar Card and Saving Bank Account or PM-KISAN Account. For this, the monthly contribution from the farmer has been kept between 55 to 200 rupees. The amount of contribution varies by age. The central government contributes the same amount on its own in the pension scheme.
After the death of the contributor of this scheme, his / her spouse can continue the scheme by paying the remaining contribution and get the benefit of pension. If the spouse does not want to continue the scheme then the total contribution amount along with interest will be paid. If there is no husband or wife, the nominee will be paid the contribution amount along with interest. If the beneficiary dies after the date of retirement, 50% of the pension amount will be given to his wife as family pension.
Mode of application: The eligible farmer will have to visit the nearest Common Service Center (CSC). Here Aadhar card, check book or bank statement will have to be submitted for saving bank account number. For more details about the scheme, visit the government website https://maandhan.in/.
