Pradhan Mantri Kisan Samman Nidhi announced in 2019 budget is to provide assured income support to all small and marginal farmers.
Under this programme, vulnerable landholding farmer families, having cultivable land upto 2 hectares, will be provided direct income support at the rate of Rs. 6,000 per year.
This income support will be transferred directly into the bank accounts of beneficiary farmers, in three equal instalments of Rs. 2,000 each.
The programme would be made effective from 1st December 2018 and the first payment for the period upto 31st March 2019.