Namo Shetkari Maha Samman Nidhi Yojana 2023 | Farmers to Get Rs 6000 Annualy | No Need for Registration

On October 10, 2023, the Maharashtra government approved the distribution of Rs 1,720 crore to farmers as the first installment of funds under the Namo Shetkari Mahasamman Nidhi Yojana. The resolution letter was issued by the Agriculture Department of the Maharashtra Government. In today’s article, we are going to talk about the scheme in detail.

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In India, the agricultural sector stands as the backbone of the nation’s economy. Indian farmers face numerous challenges, including unpredictable weather patterns, water scarcity, outdated farming methods, and debt burden. The Indian government has implemented various schemes and subsidies to support farmers, with initiatives like crop insurance, soil health cards, and investment in rural infrastructure. One of the most popular schemes launched by the Indian Government is “PM SAMMAN NIDHI Yojana”. To contribute its share, Maharashtra Government also launched a scheme called “Namo Shetkari Maha Samman Nidhi Yojana ”. 

In this article, we are going to talk about the Namo Shetkari Maha Samman Nidhi Yojana in detail. By the end of the article, you won’t have any doubt about the scheme, hopefully. 

What is Namo Shetkari Maha Samman Nidhi Yojana 2023?

Namo Shetkari Maha Samman Nidhi Yojana is a flagship program launched by the Government of Maharashtra on May 31, 2023. The primary objective of this scheme is to provide direct income support to small and marginal farmers. Under this scheme, eligible farmers will receive financial assistance of Rs 6000 annually. This way a farmer will earn 12,000 a year. Rs 6000 from the State Government and 6000 from the Central Government through PM SAMMAN Nidhi Yojana. PM SAMMAN Nidhi Yojana is a central government scheme in which the government provides 6000 to farmers in 3 installments. Let’s talk about the scheme in detail. 

Namo Shetkari Maha Samman Nidhi Yojana 2023 Key Highlights

Namo Shetkari Maha Samman Nidhi Yojana 2023 Key Highlights
Namo Shetkari Maha Samman Nidhi Yojana launch dateMay 31, 2023
Namo Shetkari Maha Samman Nidhi Yojana was launched byGovernment of Maharastra
Namo Shetkari Maha Samman Nidhi Yojana Official WebsiteYet to be launched
Namo Shetkari Maha Samman Nidhi Yojana Eligibility Criteria Eligible farmers under PM KISAN SAMMAN Nidhi Yojana
Nodal Agency Department of Agriculture, Maharashtra 
Mode of ApplicationNot Required. All enrolled farmers under PM KISAN SAMMAN Nidhi Yojana are automatically eligible for this scheme. 
Objective To provide financial assistance of Rs 6000 to farmers of Maharastra 
Contact Number [email protected]
Namo Shetkari Maha Samman Nidhi Yojana Address Commissionerate of Agriculture, Maharashtra Government,
2nd Floor, Central Building,
Pune Stattion, Pune,
Maharashtra – 411001.

Namo Shetkari Maha Samman Nidhi Yojana in News | Whats New?

On October 10, 2023, the Maharashtra government gave the green light to disburse Rs 1,720 crore as the initial installment of the Namo Shetkari Maha Samman Nidhi Scheme, which mirrors the Prime Minister Kisan Samman Nidhi Yojana.

Under this initiative, farmers will receive Rs 6,000 every four months. Agriculture Minister Dhananjay Munde announced this development, emphasizing the government’s commitment to this cause. The Namo Shetkari Maha Samman Nidhi Yojana was initially introduced by Deputy Chief Minister Devendra Fadnavis during the 2023-24 budget speech and was approved for implementation in June 2023. This decision paves the way for eligible farmers to receive the financial support they are entitled to in the near future.

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PM Kisan Samman Nidhi

Similar to the PM Kisan Nidhi Yojana, the state government will provide Rs 2,000 every four months to farmers. Consequently, farmers in Maharashtra will now receive an annual assistance of Rs 12,000 from both the Central and State governments. The first installment under the Namo Shetkari Yojana will cover the period from April to July 2023 and will be considered effective during this fiscal year.

It is worth noting that there has been some discontent among farmers in Maharashtra, particularly regarding the imposition of a 40 percent export duty on onions and the sale of onions at prices lower than market rates. The state government is hopeful that the introduction of this scheme will alleviate farmers’ concerns and gain their support.

Namo Shetkari Maha Samman Nidhi Yojana 2023 Objective

  • The primary objective of the Namo Shetkari Maha Samman Nidhi Yojana 2023, is to provide direct income support to small and marginal farmers in Maharashtra. 
  • Through this welfare scheme, the government aims to ensure financial security and stability for farmers who rely on agriculture as their primary source of livelihood.
  • By offering financial assistance of Rs. 6,000 per year, the scheme aims to alleviate the economic challenges faced by farmers and reduce their dependence on informal credit sources. 
  • This direct benefit transfer (DBT) system ensures that the funds reach the eligible beneficiaries without any intermediaries, minimizing leakages and ensuring transparency in the process.

Namo Shetkari Maha Samman Nidhi Yojana 2023 Benefits

Namo Shetkari Maha Samman Nidhi Yojana 2023 has brought about significant benefits for farmers and the rural economy. Some of the key advantages of the scheme include:

Financial Security: The scheme provides a stable income to farmers, ensuring their financial security.

Boost to Agriculture: With assured financial support, farmers can invest in modern agricultural practices, leading to increased productivity.

Reduced Indebtedness: Financial assistance helps in reducing the burden of loans and debts on farmers.

Empowerment of Women Farmers: This scheme also recognizes and supports women farmers, empowering them economically.

Namo Shetkari Maha Samman Nidhi Yojana 2023 Eligibility Criteria

To be eligible for Namo Shetkari Maha Samman Nidhi Yojana 2023, the farmers of Maharastra don’t have to qualify for any extra eligibility. If they are eligible for the PM KISAN SAMMAN Nidhi Yojana, they are automatically eligible for this scheme too. 

However, if you do not know the eligibility criteria of PM KISAN SAMMAN Nidhi Yojana, please check below 

  • The farmer must be a citizen of India.
  • The farmer must own cultivable land.
  • The scheme is applicable to small and marginal farmers only.
  • The farmer’s family should not exceed the prescribed income limit.

Note: If you haven’t applied for PM KISAN Yojana, please register for it as soon as possible. You are missing out on a lot of benefits being provided by the government for farmers. 

Namo Shetkari Maha Samman Nidhi Yojana

Namo Shetkari Maha Samman Nidhi Yojana 2023 Documents Required 

For the Maharashtra Namo Shetkari Maha Samman Nidhi Yojana, farmers do not have to submit a separate application. If they are already receiving financial assistance under the Pradhan Mantri Kisan Samman Nidhi Yojana, they are automatically eligible for the benefits of the Namo Shetkari Maha Samman Nidhi Yojana as well. 

However, anytime you will be asked for the documents. Below is the list that should be with you every time. In order to take advantage of the Namo Shetkari Maha Samman Nidhi Yojana 2023, you have to carry the following documents 

  • Residence Proof of Maharashtra: Farmers must submit valid documents that establish their residency in the state of Maharashtra, such as a utility bill or a government-issued residence certificate.
  • Aadhar Card of Farmer: The farmer’s Aadhar card, a unique identification document, is essential to verify their identity and ensure targeted delivery of financial assistance.
  • Voter Identity Card: Farmers are required to provide their voter identity card as additional proof of identity and citizenship.
  • Mobile Number: Providing a registered mobile number is crucial as it facilitates communication and updates regarding the scheme.
  • PM-KISAN Registration Number: If the farmer is already registered under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, they should provide their PM-KISAN registration number.
  • Agricultural Land-Related Documents: Documents related to the ownership or lease of agricultural land, such as land records or lease agreements, need to be submitted to verify the farmer’s eligibility.
  • Bank Account Details: Farmers need to provide their bank account details, including the account number and IFSC code, to receive the direct benefit transfer (DBT) of financial assistance under the scheme.

Namo Shetkari Maha Samman Nidhi Yojana 2023 Apply Online

  • Farmers do not need to do Namo Shetkari Yojana online registration separately for the Maharashtra Namo Shetkari Maha Samman Nidhi Yojana. 
  • Every farmer who is already receiving financial assistance under the Pradhan Mantri Kisan Samman Nidhi Yojana is automatically eligible for the benefits of the Namo Shetkari Maha Samman Nidhi Yojana. 
  • However, if any farmer has not yet registered for the PM-KISAN Yojana, they should promptly register themselves to avail the benefits of both schemes. 
  • Registration for PM-KISAN can be done through the official PM-KISAN portal or at the nearest Common Service Centre (CSC) to ensure they receive the financial support and other advantages provided under these initiatives.

Namo Shetkari Maha Samman Nidhi Yojana 2023 Important Points

  • Under this scheme, the financial aid of Rs. 6,000/- is distributed in two equal installments, directly transferred to the farmers’ registered bank accounts. 
  • There is no need to fill a separate online or offline application for the Namo Shetkari Maha Samman Nidhi Yojana, as eligibility is automatically determined based on enrollment in the PM KISAN Yojana. 
  • This streamlined approach ensures that eligible farmers can access the benefits effortlessly, helping them manage their agricultural activities more effectively.

Namo Shetkari Maha Samman Nidhi Yojana 2023 FAQs

What is Namo Shetkari Maha Samman Nidhi Yojana 2023?

Namo Shetkari Maha Samman Nidhi Yojana 2023 is a welfare program launched by the Government of Maharashtra to provide direct financial assistance to small and marginal farmers.

Who is eligible for Namo Shetkari Maha Samman Nidhi Yojana 2023? 

Farmers who are eligible for the PM KISAN scheme are automatically eligible for Namo Shetkari Maha Samman Nidhi Yojana 2023. 

How much financial assistance is provided under Namo Shetkari Maha Samman Nidhi Yojana 2023?

Eligible farmers receive Rs. 6,000 per year in two equal installments under the scheme. This way a farmer will receive Rs 12,000 a year. Rs6000 from Namo Shetkari Maha Samman Nidhi Yojana 2023 and the rest Rs 6,000 from PM KISAN in three equal installments. 

How can farmers apply for Namo Shetkari Maha Samman Nidhi Yojana 2023? 

Farmers do not need to apply separately for the Maharashtra Namo Shetkari Maha Samman Nidhi Yojana. Every farmer who is already receiving financial assistance under the Pradhan Mantri Kisan Samman Nidhi Yojana is automatically eligible for the benefits of the Namo Shetkari Maha Samman Nidhi Yojana.

What is the mode of payment under Namo Shetkari Maha Samman Nidhi Yojana 2023? 

The scheme follows the Direct Benefit Transfer (DBT) system, ensuring direct and transparent fund transfer to beneficiaries’ bank accounts.

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