Pradhan Mantri Kisan Maandhan Yojana: 7-Year Implementation Overview

The Pradhan Mantri Kisan Maandhan Yojana (PM-KMY), launched on 12th September 2019, is a Central Sector Scheme administered by the Department of Agriculture & Farmers Welfare that provides old-age financial security to small and marginal farmers. The scheme offers a minimum assured pension of ₹3,000 per month from age 60, with additional family pension provisions where the spouse receives 50% (₹1,500 monthly) if the subscriber dies while receiving pension.

By 6th February 2026, the scheme achieved 24,96,252 enrolments nationwide, with Haryana leading at approximately 5.75 lakh enrolments, followed by Bihar with over 3.46 lakh. Jharkhand and Uttar Pradesh each exceeded 2.5 lakh enrolments, while Chhattisgarh recorded over 2 lakh. Other significant states include Odisha, Jammu and Kashmir, Madhya Pradesh, Tamil Nadu, and Maharashtra. The scheme has utilized ₹540.66 crore since 2019 for implementation and outreach activities.

Eligibility and Exclusion Criteria

The scheme is available to small and marginal farmers aged 18-40 years with cultivable landholdings up to two hectares, whose names appear in state/UT land records as of 1st August 2019. Key exclusion criteria include beneficiaries of other social security schemes (NPS, ESIC, PM-SYM, PM-LVM), institutional landholders, constitutional post holders, public representatives, government/public sector employees (except MTS/Class IV/Group D), income tax payers, and registered professionals (doctors, engineers, lawyers, CAs, architects). Eligibility verification relies on self-declaration, with false declarations resulting in benefit ineligibility and refund of contributions without interest.

Contribution Structure and Implementation

PM-KMY operates as a voluntary contributory pension scheme with equal monthly contributions from farmers and the Central Government. Contribution amounts range from ₹55-200 monthly based on entry age, with total contributions (farmer + government) ranging from ₹110-400 monthly. The contribution schedule shows ₹55 at age 18 increasing progressively to ₹200 at age 40 for the farmer's share, matched equally by the government.

Contributions are auto-debited from linked bank accounts, with farmers having option to use PM-KISAN benefits for contributions through enrolment-cum-auto-debit mandate. Payment frequency options include monthly, quarterly, four-monthly, or half-yearly contributions. Implementation is managed in partnership with Life Insurance Corporation of India (LIC), which handles pension fund management and payouts.

Enrollment Process

Enrollment occurs through Common Service Centres (CSCs) using a paperless digital process requiring Aadhaar card, bank account details, and mobile number for OTP verification. Village Level Entrepreneurs (VLEs) verify details and complete online registration, with farmers receiving a Pension Account Number and card upon successful registration.