Farmers’ Pension Scheme: The government is running many beneficial schemes for farmers. Farmers are getting direct benefits from these schemes. One such scheme is the Pradhan Mantri Kisan Maandhan Yojana. Under this scheme, farmers have to pay only ₹55 every month. After the age of 60, they get ₹3000 as a monthly pension.
After turning 60, many farmers are not able to do farming due to health issues. In such times, they often depend on others for their needs. But with this scheme, they don’t have to depend on anyone. Let’s know how farmers can get the benefits of this scheme.
Monthly Premium of ₹55 to Be Paid
The Pradhan Mantri Kisan Maandhan Yojana was launched by the Central Government in 2019 to provide financial assistance to small and marginal farmers. Farmers aged 18 to 40 years can register under this scheme. The premium amount varies with age, and farmers must pay between ₹55 and ₹200 per month. After the age of 60, the farmer can collect a pension of ₹3000 a month. Upon the death of the beneficiary farmer, their spouse will be entitled to an amount equal to half of the pension, ₹1500 per month.
How to Apply
Farmers can apply for this scheme by going to the official website. After opening the website, farmers must log in and complete all the fields necessary for the process. The next step is to “Generate OTP,” and when the OTP arrives, the farmer must enter the OTP in the provided field. When that task is complete, the final step is to click Submit.