PM-KMY Registrations open check other details

PM-KMY Registrations open check other details


Government has started registrations process for the Pradhan Mantri Kisan Maan-Dhan Yojana (PM-KMY), which was announced during the Budget 2019-20. Under this scheme, a monthly pension of Rs 3,000 will be provided
to eligible farmers on attaining the age of 60.

Addressing a press conference here at Krishi Bhawan today, Union Agriculture Minister Narendra Singh Tomar appealed to farmers across the country to join the old age pension Scheme, adding that it has been envisioned with an aim to improve the life of small and marginal farmers of the country. The Minister said that the operational guidelines have been shared with the states and Agriculture Secretary Sanjay Agarwal conducted a Video Conference with States in this regard to ensure proper information dissemination and speedy implementation of the Scheme.

Tomar elucidated the salient features of scheme given here: 

1. According to the minister, the scheme is voluntary and contributory for farmers in the entry age group of 18 to 40 years and a monthly pension of Rs 3000/- will be provided to them on attaining the age of 60 years. 

2. The farmers will have to make a monthly contribution of Rs.55 to Rs.200, depending on their age of entry, in the Pension Fund till they reach the retirement date i.e. the age of 60 years. 

3. The Centre will also make an equal contribution of the same amount in the pension fund, he said, adding that the spouse is also eligible to get a separate pension of Rs 3000/- upon making separate contributions to the Fund. 

4. The Life Insurance Corporation of India (LIC) shall be the Pension Fund Manager and responsible for Pension pay out.

5. In case of death of the farmer before retirement date, the spouse may continue in the scheme by paying the remaining contributions till the remaining age of the deceased farmer. 

6. If the spouse does not wish to continue, the total contribution made by the farmer along with interest will be paid to the spouse. If there is no spouse, then total contribution along with interest will be paid to the nominee. 

7. If the farmer dies after the retirement date, the spouse will receive 50% of the pension as Family Pension. After the death of both the farmer and the spouse, the accumulated corpus shall be credited back to the Pension Fund. 

8. The beneficiaries may opt voluntarily to exit the scheme after a minimum period of 5 years of regular contributions. On exit, their entire contribution shall be returned by LIC with an interest equivalent to prevailing saving bank rates.

The minister, however, said that under the Pradhan Mantri Kisan Samman Nidhi the target of 10 crore beneficiaries for this year will be achieved, adding that till date 5,88,77,194 and 3,40,93,837 farmers’ families have availed 1st and 2nd instalments respectively under the PM-Kisan Scheme.

Comments

  1. Excellent scheme for our ann data(kisan), I salute our PM Narender Modi

    ReplyDelete
    Replies
    1. I salute our PM Shri Narendra Modi Ji

      Delete
    2. Excellent pension scheme for farmers protected by safest LIC!

      Delete
  2. what about the farmers aged above 60. most of the farmers in india have crossed 60 years of age and having their land in their name only. They worked hard and keep that agricultural land until 60 years of age only they need this pension to pass their rest of the life. Govt should should think about this angle also will benefit the old aged farmers to live peacefully until their rest of the life.

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  3. The farmer above the age of 60 should be eligible for such pension scheme.

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  4. Tx Prime minister and team for thinking so much about the common man and launching the schemes really beneficial to the people. Hats off.

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  5. What if they have crossed 40years, my age is about 55 years

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  6. There are so many farmers are living in drought prone areas like, in maharashtra - solapur district, osmanabad, latur, east part of satara, parbhani, jalgaon,etc.
    They do not have money to pay for daily needs and living things. How they pay monthly RS 55 to 200/months.
    For them this scheme is not satisfactory. Indian GOVT achieve some remaining saving money from farmer. And what is the guaranty about that time after age 60 GOVT had gives pension to farmer. In my opinion this is Indian GOVTs money achieving scheme for self.

    ReplyDelete
    Replies
    1. your thoughts are bad, why see only negative in everything

      Delete
  7. And after age 60, RS 3000/month pension will satisfactory of that age and after 18 year farmer pay to premium at 200/ per month, 2400/year. After age 40 he gives or paid to GOVT/ LIC=96,000/-

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  8. i had crossed 40 yrs,what should i do?

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  9. There should be a criteria that there should not be any other income, and should be farmer for atleast last 10-15 years... Other wise people will buy a small land at a through away price @ the age of 59 and claim pension @ the age of 60...

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  10. Very good scheme for formers thank you. PM ji

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  11. good scheme for former's, but i hove modiji gives more amount in this scheme this is small
    amount for formers in this situation
    i am also former sun

    thank you modiji and gov.of india

    ReplyDelete
  12. यह कोई सरकारी या सेना की नोकरी,नही जहाँ उम्र के आधार पर क्षमता निर्धारित की जाए,प्रधान मंत्री जी,देश मे किसान जो 42 वर्षों से खेती कर रहें हैं, उनका क्या ख्याल रखा आपने।70-75 वर्षोँ तक खेत रूपी अग्नि में अपने शरीर को तपाया अब निराशा भरी असमर्थ जार-जार शरीर का भार किसपर सोंपे ?? उम्र की सीमाओं में किसानों को क्यों बाँधा आपने??

    ReplyDelete
  13. It is a good contributory scheme to take care at old age.
    A clarification needed if the farmers can avail benefits of Atal Pension Yojana alongside this scheme

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  14. I don't think it is such a good scheme. Generally farmers think paying rs. 55is difficult till 40years and wait for 20years to get pension.

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  15. What about age group 40+ people's ..
    How they enroll of this scheme. ..

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  16. Government will give 3000/month after attaining the age of 60 years. If someone will start it at the age of 30, what will be the value of 3000 after 30 years.

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  17. Very very good agriculture pension scheme

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  18. Muthukaruppan krishnan
    Very very fine

    ReplyDelete
  19. गरीबों के हित के लिए अच्छा कदम है हम इस योजना का स्वागत करते हैं।

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  20. Age limit of 40 should be increased to at least 55, so that more farmers can be accomodated in the scheme. Usually farmer does not retire, he/she keeps working till the last breath.

    Furthe, why yo are asking for monthly payment of Rs 55 to 200 per farmer, who is providing food to the nation? Are you taking any monthly payment from MPs and MLAs for big fat pension for their lifetime?

    ReplyDelete
  21. भारतीय जीवन बीमा निगम (LIC) पेंशन निधि प्रबंधक,के द्वार,55 रूपया से 200 रूपया,रासी काटने के जगह किसी से
    300 तो किसी से 400 कि रूपया काट रहा है और सरकार के द्वार किसी तरह का करवाई नहीं की जा रही हे सरकार इस योजना में सिकायत करने का कोइ पोर्टल लंच नहीं किया हे जिससे (LIC) प्रबंधक के ऊपर अंकुस लगाया जा सके जब कि सरकार को ये जिमेवारी होती हे किसान को सुरछित करना

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  22. THIS GESTURE OF OUR BELOVED P.M WILL GO A LONG WAY IN PREVENTING
    FARMER DEATHS , AND GIVE THEM A MORAL BOOST TO STICK TO THE OCCUPATION
    I BEING AN EDUCATED FARMER , WOULD LIKE TO FORGO THIS BENEFIT ,AND WOULD LIKE THAT THIS BENEFIT WILL BE GIVEN TO MORE ECONOMICALLY DESERVING FARMERS
    MAY THE ALMIGHTY BLESS OUR P.M IN DOING SUCH SCHEMES

    ReplyDelete
  23. Like Atal pension yojna PM KMY should also be implemented through all public sector bank,
    However it is a very good scheme should be popularized through party MP, MLA, MLC, CORPORATOR, and party active workers by contacting farmers at villages but sorry to not that no farmers being sensitized by the party members so that very purpose
    of this wonderful scheme of our beloved PM is defeated

    ReplyDelete
  24. TKS ,
    DEAR PM
    NARENDRAJI MODI & ALL OUR TEAMS

    ReplyDelete

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