Pradhan Mantri Kisan Maan-Dhan Yojna (PM-KMY)
- Pradhan Mantri Kisan Maan-Dhan Yojana has been started to provide social
security to all landholding Small and Marginal Farmers in the country.
- These farmers have minimal or no savings and also do not have any source of
livelihood when they reach old age.
- The scheme aims to help them live a healthy and happy life after they reach their
- Under this scheme, a fixed pension of Rs.3,000/– will be provided to all eligible
small and marginal farmers.
- It is a voluntary and contribution-based pension scheme.
- Pension will be paid to the farmers from a Pension Fund managed by the Life
Insurance Corporation of India.
- Farmers will have to contribute an amount between Rs.55 to Rs.200 per month in
the Pension Fund till they reach the retirement date i.e. the age of 60 years.
- The Central Government will also make an equal contribution of the same
amount in the pension fund.
- Those farmers who are of the age of 18 years and above and up to 40 years are
eligible to join the scheme.
- Spouses of the Small and Marginal farmers are also eligible to join the scheme
separately and they will also get separate pension of Rs.3000/ when they reach
the age of 60 years.
- The farmers who have joined the scheme may also leave the scheme later if they
do not wish to continue for any reason. Their contributions to the Pension Fund
will be returned to them along with interest.
- In case of unfortunate death of the farmer before the retirement date, the spouse
may continue in the scheme by paying the remaining contributions till the
remaining age of the deceased farmer.
Pradhan Mantri Kisan Maan-Dhan Yojna
How To Apply
|Official Website||Click Here|
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