Pension: You will get Rs 3000 pension every month from this government scheme with an investment of Rs 55, lakhs of people are availing the benefits

HR Mandi Bhav News, Digital Desk- The Government of India is running many schemes for the welfare of farmers, which include PM Kisan Samman Nidhi, Kisan Samriddhi Kendra, Kisan Credit Card and Pradhan Mantri Krishi Sinchai Yojana. 

Under PM Kisan Samman Nidhi, the government deposits an amount of Rs 2000 in the accounts of farmers every three months. That means, it gets three equal installments in a year, which is a total of Rs 6 thousand.

There is one more scheme, by taking advantage of which farmers can set up pension arrangement. Let us tell you that under the Pradhan Mantri Kisan Maandhan Yojana, the Central Government is running a pension scheme to help the farmers during their old age.

Take advantage like this-

Pradhan Mantri Kisan Maandhan Yojana or PMKMY is a government scheme implemented for small and marginal farmers (SMF). Through this scheme, the government wants to provide social and economic security to small farmers in old age. 

Farmers aged between 18 to 40 years can take advantage of this scheme. The special thing is that only small and marginal farmers with cultivable land up to 2 hectares are eligible for this pension scheme. If their names appear in the land records of the States/Union Territories, they will be deprived of its benefits.

Will get pension of Rs 3000-

Under this scheme, farmers will get a minimum pension of Rs 3000 per month after crossing the age of 60 years. If the farmer dies, the spouse of the farmer will be entitled to receive 50% of the pension as family pension. Family pension is applicable only for spouse and children are not eligible as beneficiaries of the scheme.

This much will have to be invested-

Applicants between the age of 18 to 40 years will have to make a monthly contribution between Rs 55 to Rs 200 per month till the age of 60 years. At the same time, after turning 60 years, the applicant will become eligible for pension amount. After this, a fixed pension amount will continue to be deposited in his pension account every month. 

Under this scheme, the government makes a matching contribution. Therefore, if a farmer is depositing Rs 100 per month, the government will also deposit Rs 100 per month in the pension fund. Till now, more than two crore 1925369 farmers have opted for Pradhan Mantri Kisan Maandhan Yojana.