Pradhan Mantri Kisan Maandhan Yojana

Description
"Pradhan Mantri Kisan Maandhan Yojana" by the Department of Agriculture & Farmers Welfare, Government of India is a government scheme meant for old age protection and social security of Small and Marginal Farmers SMF . All Small and Marginal Farmers having cultivable landholding up to 2 hectares falling in the age group of 18 to 40 years, whose names appear in the land records of States/UTs as on 01.08.2019, are eligible to get benefits under the scheme. Under this scheme, the farmers would receive a minimum assured pension of ₹,3000/- per month after attaining the age of 60 years and if the farmer dies, the spouse of the farmer shall be entitled to receive 50% of the pension as family pension. Family pension is applicable only to the spouse.

Exclusions
• All Institutional Landholders.
• Former and present holders of constitutional posts.
• Former and present Ministers/ State Ministers and former/present Members of Lok Sabha/ Rajya Sabha/ State Legislative Assemblies/ State Legislative Councils, former and present Mayors of Municipal Corporations, former and present Chairpersons of District Panchayats.
• All serving or retired officers and employees of Central/ State Government Ministries/ Offices/Departments and their field units, Central or State PSEs and Attached offices/ Autonomous Institutions under Government as well as regular employees of the Local Bodies (Excluding Multi Tasking Staff / Class IV/Group D employees).
• All Persons who paid Income Tax in the last assessment year Professionals like Doctors, Engineers, Lawyers, Chartered Accountants, and Architects registered with Professional bodies and carrying out profession by undertaking practice.

Benefits
• Monthly Pension Benefit:
• Family Pension Benefit:
• Government Matching Contribution:
• Disablement Benefit:

Eligibility Criteria
1. The applicant should be a Small or Marginal Farmer.
2. The applicant should have cultivable landholding up to 2 hectares as per State or Union Territory land records.
3. The applicant should be between 18 and 40 years of age at the time of entry.
4. The applicant’s name should appear in land records as on 01.08.2019.
5. The applicant should possess an Aadhaar card.
6. The applicant should have a savings bank account or PM-KISAN account.
7. <br>
8. <br>

Required Documents
• Aadhaar Card
• Savings Bank Account Number along with IFSC Code ( Bank Passbook or Cheque Leaf/book or copy of bank statement as evidence of bank account).

Frequently Asked Questions
Q: What is "Pradhan Mantri Kisan Maandhan Yojana (PMKMY)"?
A: PMKMY is a voluntary and contributory pension scheme launched by the Government of India to provide old-age security to small and marginal farmers.
<br>

Q: Who is eligible to join PMKMY?
A: Small and marginal farmers aged between 18 and 40 years with cultivable landholding up to 2 hectares are eligible to enroll in the scheme.
<br>

Q: What pension benefit is provided under PMKMY?
A: After attaining the age of 60 years, beneficiaries receive a guaranteed monthly pension of ₹3,000/-.
<br>

Q: Who is eligible to join PMKMY?
A: Small and marginal farmers aged between 18 and 40 years with cultivable landholding up to 2 hectares are eligible to enroll in the scheme.
<br>

Q: What pension benefit is provided under PMKMY?
A: After attaining the age of 60 years, beneficiaries receive a guaranteed monthly pension of ₹3,000/-.
<br>

Q: How much contribution is required from farmers?
A: The contribution depends on the age at entry and ranges from ₹55/- to ₹200/- per month.
<br>

Q: Does the Government contribute to the scheme?
A: Yes, the Government of India makes an equal matching contribution to the farmer’s contribution.
<br>

Q: What happens if the beneficiary dies during the scheme period?
A: If the beneficiary dies before the pension age, the spouse can continue the scheme by paying the remaining contributions.
<br>

Q: What happens if the beneficiary dies after starting pension?
A: After the death of the pensioner, the spouse is entitled to receive 50% of the pension as a family pension.
<br>

Q: Can a beneficiary exit the scheme?
A: Yes, beneficiaries can voluntarily exit the scheme before the age of 60 years under specified conditions.
<br>

Q: What happens if the beneficiary exits before 10 years?
A: If the beneficiary exits before completing 10 years, only the farmer’s contribution along with savings bank interest will be returned.
<br>

Q: What happens if the beneficiary exits after 10 years but before 60 years?
A: If the exit is after 10 years, the beneficiary can receive either the farmer’s contribution with interest or the accumulated pension fund, whichever is higher.
<br>

Q: How can farmers enroll in the scheme?
A: Farmers can enroll through Common Service Centres (CSCs).
<br>

Q: Can farmers receiving PM-KISAN benefits join PMKMY?
A: Yes, farmers receiving PM-KISAN benefits can also join PMKMY, and their PM-KISAN benefit can be used for contribution payment.
<br>