The correct answer is C. 100%.
Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) is a Central Sector Scheme launched on 1st December 2018 by the Government of India to provide income support to all landholding farmers’ families across the country, irrespective of the size of their landholding. The scheme envisages payment of Rs. 6,000 per year in three equal installments of Rs. 2,000 each directly to the bank accounts of the beneficiaries.
The scheme is funded entirely by the Central Government. The Central Government has allocated Rs. 75,000 crore for the scheme in the Union Budget 2018-19. The scheme is expected to benefit over 12 crore farmers’ families across the country.
The scheme is a major step towards doubling farmers’ income by 2022. It will provide much-needed financial assistance to farmers and help them to meet their agricultural expenses. The scheme will also help to boost rural demand and stimulate the economy.
The scheme has been welcomed by farmers’ organizations and other stakeholders. They have appreciated the government’s initiative to provide direct income support to farmers. They have also expressed confidence that the scheme will help to improve the lives of farmers and reduce rural poverty.