government is giving pension to farmers. After depositing Rs 660 annually, you will get a pension of Rs 36 thousand every year, apply this way!
New Delhi. The Modi government will give a pension of 36 thousand rupees annually to 20 lakh 41 thousand farmers of the country. In the country first farmer pension scheme i.e. PM Kisan Maandhan Yojana, so many subscribers have got their registration done. This scheme is of great use for those farmers who rely only on farming. Especially for poor farmers who have no other means of livelihood.
How much money have to be spent
The Kisan Pension Scheme is for small and marginal farmers ranging in age from 18 to 40 years. The cultivated land should be up to five acres i.e. 2 hectares.
They will have to contribute at least 20 years and maximum 40 years under the scheme from Rs 55 to Rs 200, depending on their age.
If you join at the age of 18, then the monthly contribution will be Rs 55 or Rs 660 annually. At the same time, if you join at the age of 40, then you have to contribute Rs 200 per month or Rs 2400 annually.
How to register?
To get the benefit of the PM Kisan Pension Scheme, farmers have to go to the Common Service Center (CSC) and get their registration done.
For registration, Aadhaar card, copy of Khasra-Khatauni, 2 photos and bank passbook is required.
Fee is not required for registration. Farmer's pension unique number and pension card will be made.
Conditions for pension
People involved in National Pension Scheme, Employees State Insurance Corporation (ESIC) Scheme and Employees Provident Fund (EPFO) will not be eligible.
The farmer will get Rs 3000 per month as pension only after completing 60 years of age. After the death of the policy holder farmer, his wife will continue to get 50%.
If a farmer wants to leave the scheme in the middle then his money will not be lost. Banks will get interest equal to the savings account of the banks on the money deposited till it leaves the scheme.
Source: - News 18, 3 July 2020
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