Pradhan Mantri Kisan Mandhan Yojna- PM-KMY

The Kisan Vridha Awastha Pension Yojana has been implemented with the objective of creating a social security cover for all landholding small and marginal farmers (both men and women) between the ages of 18 and 40 years. This is a voluntary contribution scheme. Participating farmers will have to contribute Rs. 55.00 to Rs. 200.00 per month depending on their age. The amount equal to the contribution of the participating farmer is borne by the Government of India. After the age of 60, each participating farmer will receive a minimum pension of Rs. 3000.00 per month.

Beneficiary:

All farmers who have land holdings.

Benefits:

Pension of Rs. 3000.00 per month.