Lucknow. There is good news related to financial security in old age for small and marginal farmers of Uttar Pradesh. Under the Pradhan Mantri Kisan Maandhan Yojana (PM-KMY), eligible farmers are given a pension of Rs 3,000 every month after they complete 60 years of age. That means the farmer gets a total pension of Rs 36,000 in a year.
The government will also give an amount equal to the farmer's contribution.
This scheme is based on contribution. The monthly contribution has been fixed according to the age of the farmer. On joining the scheme at the age of 18 years, Rs 55 per month has to be deposited, while on joining the scheme at the age of 40 years, Rs 200 per month has to be deposited. Whatever contribution the farmer makes, the central government also gives the same amount on its own behalf.
Spouse also benefits after death
Under the scheme, in case of death of a farmer receiving pension, there is a provision to give a family pension of Rs 1,500 per month to his spouse.
Which farmer can take benefit?
Small and marginal farmers in the age group of 18 to 40 years can participate in this scheme. The farmer should have a maximum of 2 hectares of cultivable land. Whereas farmers who are beneficiaries of social security schemes like EPFO, ESIC or NPS and income tax payers are not eligible for this.
You can register like this
Farmers can enroll by visiting the nearest Common Service Center (CSC). For this, Aadhar card, bank passbook and land related documents i.e. Khatauni will be required. If farmers wish, they can also apply themselves through Self Enrollment on the official portal. If the farmers receiving PM-Kisan Samman Nidhi wish, they can also choose the option of getting their contribution amount deducted from the same.