← 2 October 2026's Current Affairs · Economy GA Prelims ★★★★☆ Mains ★★★☆☆
PM Kisan Maandhan Yojana Completes Seven Years
ਖ਼ਬਰਾਂ ਵਿੱਚ ਕਿਉਂ?
Age 18 to 40, Rs 3,000 after 60: the PM-KMY farmer pension scheme details GS-II welfare questions test
PM-KMY, the farmers' pension scheme, completes seven years.
Why it matters: asked in UPSC 2024
What you need to know
2 ਮਿੰਟ
The Pradhan Mantri Kisan Maandhan Yojana (PM-KMY), a contributory pension scheme for small and marginal farmers, has completed seven years.
Farmers aged 18 to 40 pay a monthly contribution matched by the Centre and receive an assured pension of Rs 3,000 a month after turning 60.
The scheme is run by the Agriculture Ministry.
ਸਰੋਤ: Topper IAS editorial (PIB / The Hindu / Indian Express)
ਮੁੱਖ ਤੱਥ
Remember these
- PM-KMY is a contributory pension scheme for small and marginal farmers, run by the Agriculture Ministry
- Entry age is 18 to 40 years
- Farmer pays a monthly contribution, matched by the Centre
- Assured pension of Rs 3,000 a month after turning 60
- The scheme has completed seven years
ਪ੍ਰੀਲਿਮਜ਼ · ਮੇਨਜ਼
How the exam will ask it
ਪ੍ਰੀਲਿਮਜ਼
- PM-KMY is a voluntary and contributory pension scheme for small and marginal farmers.
- Farmers aged 18 to 40 years can enrol, and the Centre matches their monthly contribution.
- The scheme assures a monthly pension of Rs 3,000 after the age of 60.
- The scheme is administered by the Ministry of Agriculture and Farmers Welfare.
ਮੇਨਜ਼
GS-II Welfare schemes and GS-III Agriculture: small and marginal farmers lack old-age income security, so PM-KMY offers a contributory pension with Central matching. After seven years, the implication is to judge enrolment, retention and the adequacy of a fixed Rs 3,000 pension against inflation. The way forward is wider awareness, easier auto-enrolment through PM-KISAN and periodic indexation of the pension.
PYQ connection
A question UPSC has already asked on this
With reference to the Pradhan Mantri Shram Yogi Maan-dhan (PM-SYM) Yojana, consider the following statements:
- The entry age group for enrolment in the scheme is 21 to 40 years.
- Age specific contribution shall be made by the beneficiary.
- Each subscriber under the scheme shall receive a minimum pension of Rs. 3,000 per month after attaining the age of 60 years.
- Family pension is applicable to the spouse and unmarried daughters.
Which of the statements given above is/are correct?
- 1, 3 and 4
- 2 and 3 only
- 2 only
- 1, 2 and 4
ਜਵਾਬ ਵੇਖੋ
ਜਵਾਬ: B
Why this matters: today's issue is directly connected to a concept UPSC has already tested. Read the story with this question in mind.
Practise this PYQ →Quick recall
Answer before you reveal
With reference to the Pradhan Mantri Kisan Maandhan Yojana, consider the following statements:
- Farmers between 18 and 40 years of age can enrol in the scheme.
- It assures a monthly pension of Rs 3,000 after the age of
Which of the statements given above is/are correct?
- 1 only
- 2 only
- Both 1 and 2
- Neither 1 nor 2
ਜਵਾਬ ਵੇਖੋ
ਜਵਾਬ: C — Correct: Both 1 and 2 — Both are correct: entry is allowed at 18 to 40 years and the assured pension is Rs 3,000 a month after 60. • 1 only — wrong: Statement 2 is also correct, so '1 only' is incomplete. • 2 only — wrong: Statement 1 is also correct, since the entry age is 18 to 40, so '2 only' is incomplete. • Neither 1 nor 2 — wrong: Both statements are factually correct, so 'Neither' is ruled out.
Convert this topic into marks
Today's 10-MCQ test · instant analysis · Powered by AdaptIQ