Over 14 lakh join Pradhan Mantri Kisan Maan Dhan Yojana
Published: September 18, 2019
The government had launched the Pradhan Mantri Kisan Maan Dhan Yojana to provide social security through pensions for small and marginal farmers.
How did the enrolment go?
- The scheme was rolled out in the month of August and in a month about over 14 lakh farmers have registered under the scheme.
- Analysis of initial data (out of 7.5 lakh enrolments) suggests 35% of those who have joined are women. According to the agriculture census 2015-16, Out of 12.56 crore small and marginal farmers (based on operational holdings), only 14.36% were female.
- The upper age limit to join the scheme is 40 years. This implies that young female farmers are aware of the pension plan and this is indeed a positive sign (when it comes to meeting the targets).
- Only six states have recorded over 1 lakh farmers’ registration.
The scheme targets to enrol 5 crore small and marginal farmers within the 18-40 age group in the next three years.
Category: Government Schemes Current Affairs
Topics: Economy of India • Economy of Uttar Pradesh • Government of India • In India • India • Insurance In India • Ministry of Agriculture & Farmers Welfare • Pradhan Mantri Kisan Samman Nidhi • Rythu Bandhu scheme