Economics • Indian EconomyEasy
What is the main objective of the 'PM-KISAN' (Pradhan Mantri Kisan Samman Nidhi) scheme?
A. To provide guaranteed employment for 100 days to rural households.
B. To provide income support of a specified amount directly to the bank accounts of all landholding farmer families across the country.✓ Correct Answer
C. To supply subsidized chemical fertilizers and seeds to cooperative societies.
D. To provide crop insurance coverage against natural calamities.
💡 Solution & Explanation
The Pradhan Mantri Kisan Samman Nidhi scheme functions as a central sector initiative providing direct income support of a fixed annual amount to the bank accounts of landholding farmer families. Other welfare programs like MGNREGA focus exclusively on guaranteeing rural wage employment rather than direct agricultural income support. This financial transfer aims to augment the financial needs of farmers in procuring various agricultural inputs.
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