Government’s New Pension Scheme for Farmers
New Delhi: The Centre has approved the Pradhan Mantri Kisan Pension Yojana. Under this scheme the small and marginal farmers will receive a minimum fixed pension of Rs. 3,000 per month on reaching 60 years of age. The beneficiaries should be in the age group of 18 to 40 years.
The central government will also contribute an equal amount to the pension fund. This scheme aims to initially cover 5 crore farmers in the first 3 years.
Source: Sakal, June 1, 2019
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