Benefit
50.00% subsidy
Deadline
Ongoing
Beneficiaries
6,000,000
Sector
Agriculture, Farming
Overview
PM-KMY is a voluntary social security and old age pension scheme for small and marginal farmers. Registered members contribute monthly premiums and receive ₹3,000 monthly pension from the age of 60 years, along with family pension benefits for spouse and dependent children.
Launched on 24 Sep 2019
Benefits
Subsidy %
50%
Payment mode
DBT
₹3,000 monthly pension after 60 years, Government matching contribution, Family pension benefits, Life-long pension, No medical examination required
Scheme components:
- Monthly Contribution
- Pension Payment
- Family Pension
- Disability Pension
Eligibility
- Categories
- Small Farmers, Marginal Farmers
- Beneficiary type
- Individual
- Age
- 18 – 40 years
- Land holding
- 0.01 – 2.00 acres
- Gender
- All
- States
- All India
How to apply
Application mode: Both
- Online enrollment through https://maandhan.in or registration at nearest Common Service Centre (CSC) with land records and Aadhaar card.
Documents required
- Aadhaar Card
- Land Ownership Documents
- Bank Account Details
- Age Proof
Official links & contacts
Impact & success
Over 60 lakh farmers enrolled, ₹5,400 crore disbursed, Comprehensive social security coverage