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Consider the following statements regarding the PM-KISAN scheme.
1. It is a Central Sector Scheme with 100% funding from the Central Government.
2. The responsibility of identification of beneficiary farmer families rests with the State / UT Governments.
Which among the above statements is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Consider the following statements regarding the PM-KISAN scheme.1. It...
The correct answer is Both 1 and 2.
In news
  • The PM-KISAN (Pradhan Mantri Kisan Samman Nidhi) scheme has completed two years.
Key-Points
  • Under the PM-KISAN scheme, the eligible farmers get yearly income support of 6000 rupees.
  • The Centre has announced that it has transferred over Rs 1.15 lakh crore directly to bank accounts of more than 10.75 crore farmers under the PM-KISAN scheme.
  • It is a Central Sector Scheme with 100% funding from the Government of India. It has become operational from 1.12.2018. Hence, statement 1 is correct.
  • The primary objective of this scheme is to supplement the financial needs of the Small and Marginal Farmers. It would be helpful for farmers to ensure proper crop health and appropriate yields at the end of each crop cycle.
  • It is implemented by the Ministry of Agriculture and Farmer’s Welfare.
  • On 24 February 2019, Narendra Modi launched the scheme in Uttar Pradesh's Gorakhpur by transferring the first installment of ₹2,000 each to over one crore farmer.
  • The Central Government transfers an amount of Rs 6,000 per year, in three equal installments directly into the bank accounts of eligible farmers.
  • However, the responsibility of identification of beneficiary farmer families rests with the State / UT Governments. Hence, statement 2 is correct.
Additional Information
  • The minister highlighted the initiatives taken by the government in the last six and half years including PM-KISAN, Rs 1 lakh crore agri-infrastructure fund, and creation of 10,000 FPOs (farmers producers organizations).
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Most Upvoted Answer
Consider the following statements regarding the PM-KISAN scheme.1. It...
Explanation:
The PM-KISAN (Pradhan Mantri Kisan Samman Nidhi) scheme is a welfare scheme launched by the Central Government of India to provide income support to small and marginal farmers.

Statement 1: It is a Central Sector Scheme with 100% funding from the Central Government.
This statement is correct. The PM-KISAN scheme is a Central Sector Scheme, which means that it is fully funded by the Central Government. The central government allocates the required funds for the implementation of the scheme.

Statement 2: The responsibility of identification of beneficiary farmer families rests with the State / UT Governments.
This statement is also correct. The responsibility of identifying the beneficiary farmer families under the PM-KISAN scheme lies with the State or Union Territory (UT) Governments. The central government provides guidelines and criteria for the identification of the beneficiaries, but the actual process of identification is carried out by the respective state or UT governments. They are responsible for verifying the eligibility of the farmers and ensuring that the benefits reach the intended beneficiaries.

Conclusion:
Both the statements provided in the question are correct. The PM-KISAN scheme is a Central Sector Scheme with 100% funding from the Central Government. However, the responsibility of identifying the beneficiary farmer families rests with the State / UT Governments.
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Consider the following statements regarding the PM-KISAN scheme.1. It is a Central Sector Scheme with 100% funding from the Central Government.2. The responsibility of identification of beneficiary farmer families rests with the State / UT Governments.Which among the above statements is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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