There are a large number of such poor farmers in the country, who have to face many problems at the economic level to make a living. In the early stages of their life, these farmers earn their living by farming and labouring. However, they have no source of income during old age. Keeping this problem of poor farmers in mind, the Central Government is running PM Kisan Maandhan Yojana. This scheme has been started by the Central Government with the aim of securing the future of the farmers. Under PM Kisan Maandhan Yojana, poor farmers are given a pension of three thousand rupees every month after the age of 60 years. Farmers whose age is between 18 to 40 years can apply for this scheme. The investment amount is decided based on the age at which you apply for the scheme.
The investment amount ranges from Rs 55 to Rs 200 per month. If you apply for this scheme at the age of 18 years, you will have to invest Rs 55 every month. This investment will have to be made till the age of 60 years. After the age of 60 years, you will get a pension of Rs 3000 per month. PM Kisan Maandhan Yojana benefits small and marginal farmers who have less than 2 hectares of land. If the beneficiary farmer dies under the scheme. In such a situation, 50 percent of the amount will be given to his wife every month.
If you have more than 2 hectares of land then you cannot avail the benefit of this scheme. At the same time, farmers who contribute to NPS also do not get the benefit of this scheme. Farmers taking benefits of ESIC and EPFO also cannot avail the benefits of this scheme. The application process for PM Kisan Maandhan Yojana is very easy. You will not have any kind of problem in this. You can open your account in the scheme by visiting your nearest CSC center and start investing.
