Namo Shetkari Maha Sanman Nidhi Yojana 2023

Namo Shetkari Maha Sanman Nidhi Yojana | Namo Shetkari Yojana 2023 | Pradhan Mantri Kisan Samman Nidhi Yojana | Register & Apply Online

India is primarily an agrarian nation, of which 75% are dependent on agriculture. Their economic situation is solely based on farming. In light of this, the Maharashtra government has declared the creation of a new program to offer financial support to the state’s farmers, modeled after the Pradhan Mantri Kisan Samman Nidhi Yojana, whose name is the Nidhi Yojana Namo Shetkari Mahasanman.

Through this scheme, the Maharashtra government will give the state’s farmers financial support totaling Rs 6,000 annually. Chief Minister and Finance Minister Devendra Fadnavis announced the launch of this program during the Maharashtra government’s presentation of the Budget 2023–24. The Namo Shetkari Yojana will benefit over 1.5 crore farmers in the state.

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You must read this article through to the end if you are a farmer in the state of Maharashtra and would like more information about the Namo Shetkari Maha Sanman Nidhi Yojana.

Namo Shetkari Maha Sanman Nidhi Yojana 2023

At the March 9 budget presentation, Maharashtra Chief Minister Eknath Shinde announced the commencement of the Namo Shetkari Mahasanman Nidhi Yojana 2023 for the state’s farmers. Inspired by the Pradhan Mantri Kisan Samman Nidhi Yojana, this scheme is being launched.

Eligible farmers will receive an annual financial assistance of Rs 6000 through the Namo Shetkari Maha Samman Nidhi Yojana. The farmers will receive this financial assistance in three equal installments. The beneficiary’s bank account will receive the full amount of this financial aid.

The Central Government’s Kisan Samman Nidhi Scheme and the Maharashtra government’s Kisan Samman Nidhi Scheme will now provide farmers with annual financial assistance of Rs 12,000 and Rs 6000, respectively, for farming.

The government will use Rs 6900 crore to carry out this program. The Namo Shetkari Maha Sanman Nidhi Yojana will benefit 1.5 crore farmer families in the state. as a result of which farmers’ income will rise. Additionally, their quality of life will rise.

10th October Update

On October 10, 2023, the Maharashtra Cabinet met and made a significant decision regarding the Namo Shetkari Mahasamman Nidhi Scheme. In the cabinet meeting, the Namo Shetkari Yojana’s first installment was approved. The farmers’ bank accounts will soon receive the first installment of Rs 2,000. As a result, farmers will now begin receiving money in their bank accounts in the first week.

The Maharashtra government has approved a fund of Rs 1,720 crore to enable eligible farmers to benefit from this scheme. Because of this, the state’s farmers will receive Rs 6000 annually under this scheme. This implies that the farmer will receive annual assistance from the Central and State governments totaling Rs. 12, 000.

26th October Update

On October 26, Prime Minister Narendra Modi will visit the state of Maharashtra, where he will present lakhs of farmers with a development project valued at Rs 7500 crore. Therefore the ground will be broken for numerous development projects in the areas of health, rail, roads, and oil.

The Prime Minister will also unveil the first installment of the Maharashtra State Government’s Namo Shetkari Yojana during this period. It is expected to benefit over 86 lakh farmers.

नमो शेतकरी महासन्मान निधी योजना…#MahaBudget2023 pic.twitter.com/zvcwrujj8r
— CMO Maharashtra (@CMOMaharashtra) March 9, 2023

Under the Pradhan Mantri Kisan Samman Nidhi Yojana and the state government’s Namo Shetkari Yojana, farmers in Maharashtra will receive Rs 6,000 in annual installments. This implies that a total of Rs 12,000 in assistance will be deposited into the bank accounts of Maharashtra farmers each year.

Overview of the Maharastra Namo Shetkari Yojana

Name of the Scheme	Namo Shetkari Maha Sanman Nidhi Yojana
Announced By	Chief Minister Eknath Shinde
Beneficiary	Farmers of the State (1.5 crore farmer families)
Objective	Providing financial support to farmers
Financial Assistance Amount	Rs 6,000
State	Maharashtra
Application Process	Online
Official Website	https://pmkisan.gov.in/

Objectives of the Namo Shetkari Maha Sanman Nidhi Scheme

The primary goal of Maharashtra Chief Minister Eknath Shinde’s Namo Shetkari Maha Samman Nidhi Yojana is to give the state’s farmers financial support amounting to Rs 6,000 annually. It provides the state’s farmers with a better standard of living and to develop their strength and independence. In addition, farmers will receive crop insurance from the government at a premium of Re 1.

Under the Prime Minister Crop Insurance Scheme, farmers are required to pay 2% of the insurance premium. However, farmers will only need to pay 1% of the insurance premium for crop insurance provided by the Maharashtra government. The annual cost to the government treasury of this will be Rs 3212 crore. The government’s sole goal is to make the state’s farmers self-sufficient by giving them financial support.

Eligibility Criteria for Applying the Scheme

A Maharashtra native is required to apply for the Namo Shetkari Maha Sanman Nidhi Yojana.
This program will only accept applications from state farmers.
Owning land is a must for the farmer.
The farmer who is applying should register with Maharashtra’s Department of Agriculture.
The applicant’s bank account should be linked to their Aadhaar card for them to be considered.

Application Process of the Namo Shetkari Maha Sanman Nidhi Scheme

There are no requirements for beneficiaries applying under the Namo Shetkari Maha Samman Nidhi Yojana. Only eligible beneficiaries will receive benefits under the government-issued Pradhan Mantri Kisan Samman Nidhi Yojana. To check the beneficiary list, visit the official website and click the “Beneficiary List” option.

Farmer’s Financial Assistance under the Scheme

Similar to the Pradhan Mantri Kisan Samman Nidhi Yojana, eligible state farmers will receive a separate payment of Rs 6000 under the Namo Shetkari Mahasanman Nidhi Yojana. That is, in addition to receiving Rs 6000 under the PM Kisan Samman Yojana, farmers will also receive Rs 6000 in financial assistance through the Namo Shetkari Maha Sanman Nidhi Yojana. This implies that the state’s farmers will now benefit from yearly financial assistance of Rs 12,000 in the form of honoraria. The Maharashtra government will shortly release guidelines outlining the advantages of this scheme to provide eligible farmers with the greatest possible benefits.

Required Documents for the Scheme

Aadhar Card
Address Proof
I Certificate
Bank Account Statement
Ground Documents
Farm Details
Passport size Photo
Mobile Number

Benefits of the Namo Shetkari Maha Sanman Nidhi Scheme

The Maharastra Government will help the farmer family through this scheme by giving them Rs 6000 annually in assistance.
The beneficiary’s bank account will be the recipient of this financial aid amount.
Farmers in Maharashtra will now receive yearly financial assistance of Rs. 12, 000. The Central Government will provide the remaining 50%, with the Maharaja Government providing the remaining 50%.
State farmers will receive monthly financial assistance of Rs 1000 through both of these schemes.
Eligible farmers will receive the Namo Shetkari Maha Sanman Nidhi Yojana benefits in three installments.
Farmers will receive a deposit of Rs 2000 into their bank accounts every three months.
In addition, the Maharashtra government will cover the farmers’ insurance premiums.
This scheme will benefit 1.5 crore farmer families in the state.
For the implementation of the scheme, the government will spend Rs 6900 crore annually.
This plan will help the state’s farmers become self-sufficient and economically stable.
The farmers who will benefit from this scheme will have a higher standard of living.