CURRENT AFFAIRS

Detailed explanation-1: -Under this scheme, a minimum fixed pension of Rs. 3,000/- is provided to the small and marginal farmers, subject to certain exclusion criteria, on attaining the age of 60 years. It is a voluntary and contributory pension scheme.

Detailed explanation-2: -Synopsis. Farmers who are covered by this scheme would get a guaranteed minimum pension of Rs. 3000 per month after they turned 60. The Pradhan Mantri Kisan Maandhan Yojana is a government scheme designed to protect the elderly and provide social security to Small and Marginal Farmers (SMF).

Detailed explanation-3: -PM-KMY is a voluntary and contributory scheme for farmers in the age limits of 18 to 40 years and a pension amount of Rs. 3000 will be provided on attaining the age of 60 years. Under the PM-KMY scheme, the farmers will have to make a monthly contribution of Rs. 55/- to Rs.

Detailed explanation-4: -Pradhan Mantri Kisan Maandhan Yojana 2022: Features Those between the age group of 18 to 40 years will have to make monthly contributions ranging from Rs 55 to Rs 200 till 60 years of age. On the maturity of the scheme, the government provides a monthly pension of Rs 3000.

Detailed explanation-5: -Pradhan Mantri Kisan Maan-Dhan Yojana (PM-KMY) is an old age pension scheme for all land holding Small and Marginal Farmers (SMFs) in the country. It is a voluntary and contributory pension scheme for the entry age group of 18 to 40 years.