PM Kisan Maandhan Yojana: There are a large number of farmers in the country who face various financial difficulties after reaching a certain age. In the early stages of their lives, these farmers earn their living by farming. However, in old age, due to reduced physical capacity, they are unable to do farming. Many times, at this stage of life, farmers face many financial problems.
To address these problems faced by farmers, the Government of India is implementing a remarkable scheme called the Pradhan Mantri Kisan Maandhan Yojana. Many farmers across the country are investing in this scheme. Under this scheme, farmers receive a monthly pension of Rs 3,000 after the age of 60.
The PM Kisan Maandhan Yojana is a promising scheme aimed at financially securing the future of farmers. Only farmers between the ages of 18 and 40 can apply for this scheme. The investment amount is determined based on the age at which a farmer registers for the scheme. If a farmer applies for this scheme at the age of 18, they must contribute Rs 55 per month. If a farmer applies at the age of 40, they must contribute Rs 200 per month.
This investment must be made every month until the age of 60. After reaching the age of 60, farmers receive a monthly pension of Rs 3,000. This Rs 3,000 pension will be available for life. According to the rules of the PM Kisan Maandhan Yojana, if a farmer dies after the age of 60, his wife will receive Rs 1,500 per month. Documents such as Aadhaar card, bank account details (IFSC, Account No.), land records, and mobile number will be required to apply for this scheme. Farmers can open an account under this scheme on the auspicious occasion of Diwali and begin investing.