Pradhan Mantri Kisan Maan Dhan Yojana Launched (Download PDF)

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In a significant step towards the development of the agricultural sector, the Prime Minister of India launched an ambitious pension scheme for farmers in Ranchi (Jharkhand) on Sept 12,2019. The scheme is expected to connect Ranchi with India and the World.

Image shows of Pradhan Mantri Kisan Maan Dhan Yojana

Image Shows of Pradhan Mantri Kisan Maan Dhan Yojana

Image shows of Pradhan Mantri Kisan Maan Dhan Yojana

Image shows of Ranchi Jharkhand

Image Shows of Ranchi Jharkhand

Image shows of Ranchi Jharkhand

Scheme Overview

  • The Total Budget of the Scheme is Rs. 10,774 crore for the next three years (2019 - 2022).

  • Farmers between age group of 18 and 40 years will get Rs. 3,000 monthly pension after reaching 60.

  • The scheme is expected to the lives of small and marginal farmers in the country.

  • KMDY seeks to secure the lives of 5 Crore Small and Marginal Farmers by providing a minimum pension.

  • Farmer’s monthly contribution can be made from instalments of PM-KISAN (Pradhan Mantri Kisan Samman Nidhi Yojana) or through Common Service Centres (CSCs).

  • A multi-modal cargo terminal was inaugurated apart from laying the foundation of a secretariat building in Ranchi.

  • The cargo terminal will have the cargo storing capacity of 30 lakh tonne per year, a stockyard and parking and berthing space for two vessels.

  • Using this terminal the tribal would be able to send their products to markets in the whole country.

  • The new secretariat building in the state capital will come up at an estimated cost of Rs. 1238.92 crore.

  • The new secretariat building in the state capital will come up at an estimated cost of Rs. 1238.92 crore.

- Published/Last Modified on: October 11, 2019

Agriculture/Agro Industries, Govt. Schemes/Projects

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