The scheme was first conceived and implemented by Govt of Telangana as the Rythu Bandhu scheme, where a certain amount is given directly to eligible farmers. The scheme has received accolades from various organisations for its successful implementation, including World Bank. Many economist suggest that this type of investment support is better than farm loan waivers. With the positive outcome of this scheme, Govt of India wanted to implement it as nationwide project and it was announced by Piyush Goyal during the 2019 Interim Union Budget of India on 1 February 2019
Earlier, the application for Pradhan Mantri Kisan Samman Nidhi Yojana / pm kisan was done with the help of offline nodal agency or by Lekhpal but currently, a new option was added on the official website of Pradhan Mantri Kisan Samman Nidhi Scheme pmkisan.gov.in Due to which farmers can get themselves registered or through Vasudha Center.
The PM-KISAN scheme aims to supplement the financial needs of the SMFs in procuring various inputs to ensure proper crop health and appropriate yields, commensurate with the anticipated farm income at the end of the each crop cycle.This would also protect them from falling in the clutches of moneylenders for meeting such expenses and ensure their continuance in the farming activities.
Former and present Ministers/ State Ministers and former/present Members of LokSabha/ RajyaSabha/ State Legislative Assemblies/ State Legislative Councils,former and present Mayors of Municipal Corporations, former and present Chairpersons of District Panchayats.