Lok Sabha Question No. 1299 (UNSTARRED), answered on 2021-07-27
Subject: Target for PM-KMY
Ministry: AGRICULTURE AND FARMERS WELFARE
Asked by: Sanjay Jaiswal

## GOVERNMENT OF INDIA MINISTRY OF AGRICULTURE AND FARMERS WELFARE DEPARTMENT OF AGRICULTURE, COOPERATION AND FARMERS WELFARE

## LOK SABHA UNSTARRED QUESTION NO. 1299

TO BE ANSWERED ON THE 27 TH  JULY, 2021

## TARGET OF PM-KMY

1299. DR. SANJAY JAISWAL:

Will the Minister of AGRICULTURE AND FARMERS WELFARE कृ ष एवं कसान कयाण मंी be pleased to state:

- (a) whether the target  has  been  met  for  the  Pradhan  Mantri  Kisan  Maan-Dhan Yojana (PM-KMY) in the last year;
- (b) the status of the initial enrolment done through the Common Service Centres;
- (c) whether  an  empowered  Committee  has  been  constituted  for  monitoring, review and amendment of the scheme;
- (d) if so, the details thereof?

## ANSWER

MINISTER OF AGRICULTURE AND FARMERS WELFARE

कृ ष एवं कसान कयाण मंी (SHRI NARENDRA SINGH TOMAR)

- (a): Pradhan Mantri Kisan Maan-Dhan Yojana (PM-KMY), a Pension Scheme for Small and Marginal Farmers (SMF) was launched by the Government in the month of September, 2019 to provide old age protection and social security.

PM-KMY  is  a  voluntary  and  contributory  pension  scheme  in  which  eligible  SMF falling in the age group of 18-40 years are required to make a monthly contribution between Rs. 55-200 and matching contribution are shared by Government of India to the pension fund manager, Life Insurance Corporation of India. From the accruals, a monthly pension of Rs. 3000 per month would be provided as and when the farmers attain the age of 60 years.

Since, PM-KMY is a voluntary and contributory pension scheme no specific target for enrollment was made in the last year. However, Common Service Centres (CSC e  Governance services India Limited)  under  MeiTY, Government  of India  which  is responsible  to  enroll  the  eligible  farmers,  has  taken  campaign  from  time  to  time. Further,  State  Nodal  Officer  of  PM  KISAN/PM  KMY  also  assisted  CSC  in  the enrolment of desirous farmers.

(b): The  enrollment  of  eligible  farmers  under  PM-KMY  started  by  CSC  from  9 th August,  2019  and  at  the  time  of  launching  of  the  scheme  which  happened  on 12.09.2019, 13,29,353   farmers had joined the scheme. As on 23.07.2021, a total of 21,40,262 farmers have joined the scheme.

(c) & (d): For effective implementation of the scheme, an Empowered Committee under  the  chairmanship  of  Cabinet  Secretary  with  Secretaries  of  Agriculture  and Farmers  Welfare,  MeiTY,  Department  of  Expenditure,  Department  of  Financial Services  was set up to review and monitor implementation of the scheme through appropriate  implementation  strategies  and  to  approve  any  modifications  in  the scheme. Further, as per direction of Empowered Committee, a Group of Secretaries comprising of Secretaries of Ministry of Labour and Employment, the Department of Agriculture and Farmers Welfare, the Department of Financial Services, the MeiTY and the Department of Promotion of Industry and Internal Trade was constituted to adopt  common  approach  and  monitor  and  coordinate  implementation  of  the  said pension scheme.

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