Ramesh Kumar, a small farmer from Bihar, was struggling to make ends meet due to the unpredictable nature of his crop yields and fluctuating market prices. However, after applying for the PM-KISAN scheme, he started receiving ₹6,000 per year, which helped him to cover some of his farming expenses and invest in better equipment. Ramesh's story is just one example of how government schemes can make a significant difference in the lives of small farmers. But, have you wondered which scheme is better for small farmers - PM-KISAN or Kisan Mandhan Yojana? Let's dive into the details of both schemes and find out.
What is PM-KISAN?
PM-KISAN, also known as Pradhan Mantri Kisan Samman Nidhi, is a government scheme launched in 2019 to provide financial support to small farmers. The scheme aims to provide ₹6,000 per year to eligible farmers, paid in three installments of ₹2,000 each. This amount is directly transferred to the farmer's bank account, which can be in any bank such as State Bank of India, Punjab National Bank, or ICICI Bank. The scheme has already benefited over 10 crore farmers across the country, with the government allocating ₹75,000 crore for the scheme in the 2025 budget.
The PM-KISAN scheme is a significant step towards supporting small farmers, who often struggle to make a living due to lack of resources and market fluctuations. The scheme has been designed to provide a minimum income support to farmers, which can help them to cover their farming expenses and invest in better equipment. For example, Ramesh Kumar used the ₹6,000 he received from PM-KISAN to buy a new tractor, which has increased his farming efficiency and reduced his labor costs.
The PM-KISAN scheme has also been linked to other government initiatives, such as the Soil Health Card scheme and the Pradhan Mantri Fasal Bima Yojana. These initiatives aim to provide a comprehensive support system for farmers, which can help them to improve their crop yields and reduce their risks. By providing financial support and other benefits, the PM-KISAN scheme is helping to transform the lives of small farmers like Ramesh Kumar.
What is Kisan Mandhan Yojana?
Kisan Mandhan Yojana, also known as Pradhan Mantri Kisan Maan-Dhan Yojana, is a pension scheme for small farmers launched in 2019. The scheme aims to provide a minimum pension of ₹3,000 per month to eligible farmers after they attain the age of 60. The scheme is voluntary, and farmers can contribute between ₹55 and ₹200 per month, depending on their age, to receive the pension benefit. The government will also contribute an equal amount to the farmer's pension account, which will be managed by the Life Insurance Corporation of India (LIC).
The Kisan Mandhan Yojana is a significant step towards providing social security to small farmers, who often lack access to formal pension schemes. The scheme has been designed to provide a minimum pension benefit to farmers, which can help them to live a dignified life after they retire from farming. For example, a farmer who contributes ₹100 per month to the Kisan Mandhan Yojana can receive a pension of ₹3,000 per month after attaining the age of 60, which can help him to meet his living expenses and support his family.
The Kisan Mandhan Yojana has also been linked to other government initiatives, such as the PM-KISAN scheme and the Pradhan Mantri Fasal Bima Yojana. These initiatives aim to provide a comprehensive support system for farmers, which can help them to improve their crop yields, reduce their risks, and live a better life. By providing pension benefits and other support, the Kisan Mandhan Yojana is helping to transform the lives of small farmers and provide them with a secure future.
Key Benefits
- PM-KISAN: ₹6,000 per year, paid in three installments of ₹2,000 each
- Kisan Mandhan Yojana: Minimum pension of ₹3,000 per month after attaining the age of 60
- Both schemes: Direct benefit transfer to the farmer's bank account, which can be in any bank such as State Bank of India, Punjab National Bank, or ICICI Bank
Who Can Apply? — Eligibility
- PM-KISAN: Small farmers with cultivable land holding up to 2 hectares, with an annual income of ₹1 lakh or less
- Kisan Mandhan Yojana: Small farmers between the ages of 18 and 40, with a cultivable land holding up to 2 hectares
- Both schemes: Farmers must have a valid Aadhaar card, bank account, and mobile number to receive the benefits
Required Documents (Dastaveez)
- Aadhaar card
- Bank account passbook
- Mobile number
- Cultivable land holding documents (such as pattas or khatas)
- Income certificate (for PM-KISAN)
- Age proof (for Kisan Mandhan Yojana)
How to Apply Online — Step by Step
- Visit the official website of PM-KISAN or Kisan Mandhan Yojana
- Click on the "Apply Online" button and fill in the online application form
- Upload the required documents (such as Aadhaar card, bank account passbook, and cultivable land holding documents)
- Pay the application fee (if applicable)
- Submit the application form and take a printout of the acknowledgement receipt
How to Apply Offline
- Visit the nearest Common Service Centre (CSC) or agriculture office
- Fill in the application form and attach the required documents (such as Aadhaar card, bank account passbook, and cultivable land holding documents)
- Submit the application form and pay the application fee (if applicable)
- Take a printout of the acknowledgement receipt
Pro Tips — Don't Miss These!
- Apply for both PM-KISAN and Kisan Mandhan Yojana to receive the maximum benefits
- Make sure to link your Aadhaar card to your bank account to receive the direct benefit transfer
- Keep your mobile number and email address updated to receive important notifications and alerts
Common Mistakes to Avoid
- Not linking your Aadhaar card to your bank account, which can delay the direct benefit transfer
- Not updating your mobile number and email address, which can lead to missed notifications and alerts
- Not keeping the required documents (such as cultivable land holding documents and income certificate) ready, which can delay the application process
Frequently Asked Questions
What is the difference between PM-KISAN and Kisan Mandhan Yojana?
PM-KISAN is a scheme that provides financial support to small farmers, while Kisan Mandhan Yojana is a pension scheme that provides a minimum pension benefit to small farmers after they attain the age of 60.
How can I apply for PM-KISAN and Kisan Mandhan Yojana?
You can apply for both schemes online or offline, by visiting the official website or the nearest Common Service Centre (CSC) or agriculture office.
What are the required documents for PM-KISAN and Kisan Mandhan Yojana?
The required documents include Aadhaar card, bank account passbook, mobile number, cultivable land holding documents, income certificate (for PM-KISAN), and age proof (for Kisan Mandhan Yojana).
How much pension will I receive under Kisan Mandhan Yojana?
You will receive a minimum pension of ₹3,000 per month after attaining the age of 60, depending on your contribution to the scheme.
Can I apply for both PM-KISAN and Kisan Mandhan Yojana at the same time?
Yes, you can apply for both schemes at the same time, and receive the maximum benefits.
Conclusion
To sum up, both PM-KISAN and Kisan Mandhan Yojana are significant schemes that can provide financial support and social security to small farmers. By applying for both schemes, farmers can receive the maximum benefits and improve their living standards. If you are a small farmer, don't miss out on these opportunities - check your eligibility at JanSevaPlus.in and apply for PM-KISAN and Kisan Mandhan Yojana today!