The Pradhan Mantri Kisan Maandhan Yojana (PM-KMY),has completed five successful years.
Pradhan Mantri Kisan Maandhan Yojana (PM-KMY)
- About:
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- Social security scheme for Small and Marginal Farmers (landholding up to 2 hectares).
- Eligibility:
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- All landholding Small and Marginal Farmers.
- Current Status (August 2024):
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- 23.38 lakh farmers enrolled.
- Leading states: Bihar, Jharkhand, UP, Chhattisgarh, Odisha.
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- Key Benefits:
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- Monthly Contributions: Rs 55 to Rs 200 based on age.
- Govt Contribution: Equal to farmer’s contribution.
- Pension: Rs 3,000/month at 60 years.
- Family Pension: Rs 1,500/month to spouse.
- PM-KISAN: Can be used for pension contribution.
- Exiting:
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- Before 60: Refund of contribution + interest.
- Post-death: Spouse receives Rs 1,500/month.
- Management:
- Managed by LIC; registration via CSCs and State Governments.
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