On 24th February 2020, the Ministry of Agriculture and Farmers Welfare observed the first anniversary of the Pradhan Mantri Kisan Samman Nidhi Yojana.
It was launched on February 24, 2019, and was implemented in all the States except the State of West Bengal.
Also, PM-Kisan mobile app was launched which was designed by the National Informatics Centre in collaboration with the Ministry of Electronics and information technology.
Through the app, the farmers can view the status of their application, update and carry out corrections of their Aadhaar Card alongside checking the history of credits to their respective bank account.
Pradhan Mantri Kisan Samman Nidhi Yojana is a scheme by the central government which obtains its 100% funding from the Government of India. The scheme was implemented by the Ministry of Agriculture and Farmers Welfare.
Under the PM Kisan Yojana, an amount of ₹6000 per year is transferred directly to the bank accounts of all the landholding farmers in three equal installments. The amount is transferred irrespective of the size of the landholdings.
The scheme aims to assist the small and marginal farmers in their financial needs to procure various inputs that ensure the proper health of the crops and appropriate yields.
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