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About Pradhan Mantri Kisan Maan Dhan Yojana (PM-KMY)
About Pradhan Mantri Kisan Maan Dhan Yojana (PM-KMY)
- PM-KMY inaugurated by the Prime Minister on 12th September, 2019 provides for payment of minimum pension of Rs.3000/- per month to the eligible small and marginal farmers on attaining the age of 60 years.
- It is voluntary and contributory pension scheme, with entry age of 18 to 40 years.
- The monthly contribution by farmer ranges between Rs.55 to 200.
- Central Government will contribute an equal amount in the pension scheme.
- Till now 19, 19, 802 beneficiaries have been registered.