Pradhan Mantri Kisan Maandhan Yojna (PM-KMY): A Comprehensive Guide
| Aspect | Details |
|---|---|
| Scheme Name | Pradhan Mantri Kisan Maandhan Yojana (PM-KMY) |
| Launch Date | September 12, 2019 |
| Target Beneficiaries | Small and Marginal Farmers (SMFs) with landholding |
| Pension Amount | Rs. 3,000 per month after age 60 |
| Contribution Type | Voluntary and contributory |
| Government Contribution | Matches the subscriber's contribution |
| Managing Authority | Life Insurance Corporation (LIC) |
| Enrolment Facilitators | Common Service Centres (CSCs) and State Governments |
| Enrolment as of August 2024 | 23.38 lakh farmers |
| Key States with High Uptake | Bihar, Jharkhand, Uttar Pradesh, Chhattisgarh, Odisha |
| Family Pension | Rs. 1,500 per month for spouse in case of subscriber's death |
| Age Range for Enrolment | 18 to 40 years |
| Monthly Contribution Range | Rs. 55 to Rs. 200 (depending on entry age) |
| Registration Portal | www.pmkmy.gov.in |