Impact of Pradhan Mantri Kisan Samman Nidhi Yojana on Agriculture and Agricultural allied enterprises of Beneficiary Farmers in Ranchi District of Jharkhand

The Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN Yojana) was introduced by the Government of India in 2019 to provide financial assistance to small and marginal farmers.A major source of livelihood in India is agriculture, along with its allied sectors. The majority of its rural households still rely primarily on agriculture, with 82% of farmers being small or marginal. According to data from 2012, the economic situation in our country is not very good.The study aims to assess the impact of PMKSNY on agriculture and related enterprises. Agriculture has significant potential to enhance the economic status of farmers.Accordingly, a comprehensive study entitled, “Impact of Pradhan Mantri Kisan Samman Nidhi Yojana on Agriculture and Agricultural Allied Enterprises in Ranchi district of Jharkhand.” has been conducted.Several of the findings of the study underscore the importance of the scheme in promoting self-reliance among farmers as well as its potential to increase agricultural productivity. In spite of this, there are varying perceptions regarding the sufficiency of the provided amount and its impact on reducing risk and improving economic conditions.