India, being predominantly agrarian, relies heavily on farming, with 75% of its population engaged in this critical sector. Recognizing the economic significance of farming, the Maharashtra government has introduced a groundbreaking scheme named Namo Shetkari Maha Sanman Nidhi Yojana. This initiative, akin to the Pradhan Mantri Kisan Samman Nidhi Yojana, aims to provide financial assistance to the farmers of Maharashtra. Under this scheme, an annual financial aid of Rs 6000 will be extended to the state’s farmers, benefiting over 1.5 crore farming families.
Namo Shetkari Maha Sanman Nidhi Yojana Overview:
During the budget presentation for 2023-24 on March 9, Chief Minister Eknath Shinde announced the launch of Namo Shetkari Maha Sanman Nidhi Yojana 2024. This initiative mirrors the Pradhan Mantri Kisan Samman Nidhi Yojana and offers eligible farmers an annual financial assistance of Rs 6000, distributed in three equal installments directly to their bank accounts.
Objective of Namo Shetkari Maha Samman Nidhi Yojana:
The primary goal is to provide Rs 6000 per year in financial assistance to empower farmers and enhance their livelihoods. Crop insurance will be offered at a reduced premium of Re 1, alleviating the financial burden on farmers. This scheme aims to make farmers self-reliant and economically strong, contributing to their overall well-being.
Benefits and Features of Namo Shetkari Maha Sanman Nidhi Yojana:
- Financial assistance of Rs 6000 per year to farmer families.
- The amount will be deposited directly into the beneficiaries’ bank accounts in three installments.
- Combines with the Pradhan Mantri Kisan Samman Nidhi Yojana, resulting in a total annual assistance of Rs 12,000.
- The state government will contribute 50%, with the central government contributing the other 50%.
- The scheme benefits 1.5 crore farmer families in Maharashtra.
- The initiative will cost the government Rs 6900 crore annually.
- Improves the standard of living for farmers and enhances their economic stability.
Eligibility for Namo Shetkari Maha Samman Nidhi Yojana:
- Applicant must be a native of Maharashtra.
- Only farmers residing in the state are eligible.
- The farmer should own agricultural land.
- Registration with the Agriculture Department of Maharashtra is mandatory.
- The applicant must have a bank account linked to Aadhaar.
Required Documents:
- Aadhar card
- Address proof
- Income certificate
- Bank account statement
- Land ownership documents
- Farm details
- Passport-size photograph
- Mobile number
Application Process for Namo Shetkari Maha Sanman Nidhi Yojana:
The application process for this scheme involves a streamlined approach:
- The beneficiary doesn’t need to follow a specific application process.
- Eligible beneficiaries will automatically receive benefits under the Pradhan Mantri Kisan Samman Nidhi Yojana.
- The list of eligible beneficiaries can be checked on the official website of Kisan Samman Nidhi Yojana: PM Kisan.
Latest Update – October 26th:
Prime Minister Narendra Modi is set to release the first installment of Namo Shetkari Yojana on October 26th. As part of a development project worth Rs 7500 crore, this initiative aims to inaugurate various development projects in sectors like health, rail, road, and oil. The first installment will benefit more than 86 lakh farmers in Maharashtra, providing them with Rs 6,000 under both the Pradhan Mantri Kisan Samman Nidhi Yojana and the state’s Namo Shetkari Maha Sanman Nidhi Yojana. This results in a total annual assistance of Rs 12,000 transferred to the bank accounts of Maharashtra’s farmers.
Namo Shetkari Maha Sanman Nidhi Yojana is a transformative scheme designed to uplift the agricultural community in Maharashtra. By combining the benefits of central and state-sponsored initiatives, this scheme not only provides crucial financial support but also enhances the economic stability and living standards of farmers. Eligible farmers are encouraged to explore the official website for the latest updates and ensure they receive the maximum benefits from this visionary scheme.
Read more:
PM Kisan Samman Nidhi yojna;How to Apply for Up to ₹6,000 per Year in Financial Support for Farmers
Namo Shetkari Maha Sanman Nidhi Yojana FAQs:
What is Namo Shetkari Maha Sanman Nidhi Yojana?
Namo Shetkari Maha Sanman Nidhi Yojana is a groundbreaking scheme introduced by the Maharashtra government, similar to the Pradhan Mantri Kisan Samman Nidhi Yojana. It aims to provide financial assistance to farmers in Maharashtra, offering an annual aid of Rs 6000 to over 1.5 crore farming families.
When was Namo Shetkari Maha Sanman Nidhi Yojana launched?
Chief Minister Eknath Shinde announced the launch of Namo Shetkari Maha Sanman Nidhi Yojana during the budget presentation for 2023-24 on March 9, 2023.
What is the primary objective of Namo Shetkari Maha Sanman Nidhi Yojana?
The primary goal is to provide financial assistance of Rs 6000 per year to empower farmers, enhance their livelihoods, and make them self-reliant. Additionally, the scheme offers crop insurance at a reduced premium of Re 1.
How does the financial assistance work under this scheme?
Eligible farmers receive Rs 6000 per year, deposited directly into their bank accounts in three equal installments. When combined with the Pradhan Mantri Kisan Samman Nidhi Yojana, the total annual assistance becomes Rs 12,000, with 50% contributed by the state government and the other 50% by the central government.
Who is eligible for Namo Shetkari Maha Sanman Nidhi Yojana?
Eligibility criteria include being a native of Maharashtra, owning agricultural land, residing in the state, and having mandatory registration with the Agriculture Department. Additionally, applicants must link their bank account to Aadhaar.
What documents are required for application?
Required documents include Aadhar card, address proof, income certificate, bank account statement, land ownership documents, farm details, passport-size photograph, and mobile number.
What is the application process for Namo Shetkari Maha Sanman Nidhi Yojana?
The application process is streamlined, and eligible beneficiaries automatically receive benefits under the Pradhan Mantri Kisan Samman Nidhi Yojana. The list of eligible beneficiaries can be checked on the official website of Kisan Samman Nidhi Yojana: PM Kisan.
What is the latest update on Namo Shetkari Maha Sanman Nidhi Yojana?
Prime Minister Narendra Modi is set to release the first installment of Namo Shetkari Yojana on October 26th, as part of a development project worth Rs 7500 crore. This initiative aims to benefit over 86 lakh farmers in Maharashtra, providing them with Rs 6,000 under both the Pradhan Mantri Kisan Samman Nidhi Yojana and the state's Namo Shetkari Maha Sanman Nidhi Yojana, resulting in a total annual assistance of Rs 12,000.
How much will the scheme cost the government annually?
The scheme will cost the government Rs 6900 crore annually.
What is the transformative impact of Namo Shetkari Maha Sanman Nidhi Yojana?
Namo Shetkari Maha Sanman Nidhi Yojana is designed to uplift the agricultural community in Maharashtra by providing crucial financial support. The scheme enhances economic stability and living standards for farmers by combining the benefits of central and state-sponsored initiatives. Eligible farmers are encouraged to explore the official website for the latest updates and maximize the benefits from this visionary scheme.
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