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Name the scheme that the Government of India announced in Budget 2019, which will provide a guaranteed income of ₹6,000 per year to small and marginal
Question

Name the scheme that the Government of India announced in Budget 2019, which will provide a guaranteed income of ₹6,000 per year to small and marginal farmers.

A.

Pradhan Mantri Kisan Samman Nidhi

B.

Pradhan Mantri Krishi Sinchai Yojana

C.

Paramparagat Krishi Vikas Yojana

D.

Pradhan Mantri Fasal Bima Yojana

Correct option is A

The correct answer is (A) Pradhan Mantri Kisan Samman Nidhi.

Explanation:
The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme was introduced in Budget 2019 to provide ₹6,000 per year in three equal installments to small and marginal farmers across India. The scheme aims to support farmers' financial needs and ensure direct income support to improve their livelihoods.

Information Booster:

  • Launch Year:2019
  • Implementing Ministry:Ministry of Agriculture and Farmers Welfare
  • Financial Support:₹6,000 per year given in three equal installments of ₹2,000
  • Objective:Provide income support to small and marginal farmers to help meet agricultural expenses.
  • Current Agriculture Minister (2025):Shivraj Singh Chauhan

Additional Information:

  • Pradhan Mantri Krishi Sinchai Yojana: Launched in 2015, focuses on irrigation and water efficiency.
  • Paramparagat Krishi Vikas Yojana: Launched in 2015, promotes organic farming.
  • Pradhan Mantri Fasal Bima Yojana: Launched in 2016, provides crop insurance against natural calamities.

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