Which of the following statements are correct regarding Pradhan Mantri Kisan Samman Nidhi PM KISAN 1...........

Economic Affairs Agricultural Finance

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Which of the following statements are correct regarding Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)?

1. All Small and Marginal farmers families having cultivable land upto three hectares will be provided income support .

2. Direct income support of six thousand rupees per year will be given to farmers in three installments.

3. The scheme was announced in the interim budget 2019-20 but it has been implemented from 1st December, 2018.

Code:

1 and 2 only

2 and 3 only

1 and 3 only

All are correct

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Explanation:

Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) was announced in the Interim Budget 2019-20. Under the scheme, all Small and Marginal farmers families having cultivable land upto two hectares will be provided income support of six thousand rupees per year. The money will be transfered directly into the accounts of beneficiary, in three equal installments. It will benefit 12 crore farmers and the scheme will be implemented with effect from 1st December, 2018.)