Scheme provides minimum assured pension of ₹3,000 per month from age 60
New Delhi, September 11: The Pradhan Mantri Kisan Maandhan Yojana (PM-KMY), which provides old-age social security to small and marginal farmers, will complete seven years on September 12, with 24,96,252 farmers enrolled under the scheme as of February 6, 2026.
Launched on September 12, 2019, the Central Sector Scheme provides eligible small and marginal farmers with a minimum assured pension of ₹3,000 per month after attaining the age of 60 years.
Haryana has the highest number of enrolments at around 5.75 lakh, followed by Bihar with more than 3.46 lakh. Jharkhand and Uttar Pradesh have each recorded more than 2.5 lakh enrolments, while Chhattisgarh has crossed two lakh.
Odisha, Jammu & Kashmir, Madhya Pradesh, Tamil Nadu and Maharashtra are among the other states and Union Territories contributing to the scheme’s nationwide coverage.
According to the Ministry of Agriculture and Farmers Welfare, ₹540.66 crore has been utilised nationwide for PM-KMY implementation and outreach since its launch, as of February 2026.
Pension support for farmers
PM-KMY is a voluntary and contributory pension scheme administered by the Department of Agriculture & Farmers Welfare and implemented in partnership with the Life Insurance Corporation of India (LIC).
Eligible small and marginal farmers contribute a monthly amount ranging from ₹55 to ₹200, depending on their age at the time of enrolment. The Central Government makes an equal matching contribution.
Farmers can enrol between the ages of 18 and 40 and receive the assured pension of ₹3,000 per month after turning 60.
The scheme is open to male and female small and marginal farmers with cultivable landholdings of up to two hectares, subject to the prescribed eligibility conditions.
Family pension provision
PM-KMY also provides family pension support. In the event of the death of a subscriber while receiving the pension, the spouse is entitled to a family pension equivalent to 50 per cent of the subscriber’s pension, or ₹1,500 per month.
The family pension is available only to the spouse and is subject to the scheme’s prescribed conditions.
If a subscriber dies before attaining 60 years, the spouse may, subject to the applicable provisions, continue the scheme by making the prescribed contributions or exit from the scheme in accordance with the rules.
Who is eligible
Farmers seeking enrolment must be small or marginal farmers with cultivable landholdings of up to two hectares and must be between 18 and 40 years of age.
Their names must appear in the land records of the respective States or Union Territories as on August 1, 2019.
The scheme excludes institutional landholders, present and former constitutional post holders, specified elected representatives, serving and retired government and public sector employees, income-tax payers and registered professionals, among other specified categories.
However, Multi-Tasking Staff, Class IV and Group D employees are exempted from the government employee exclusion and remain eligible, subject to other conditions.
Farmers already covered under specified social security and pension schemes, including the National Pension Scheme, Employees’ State Insurance Corporation scheme, Employees’ Provident Fund Organisation scheme, PM-SYM and PM-LVM, are also excluded.
Equal contribution by farmer and government
Under the contribution structure, the farmer and the Central Government contribute equal amounts to the pension fund.
The monthly contribution ranges from ₹55 for a farmer entering the scheme at the age of 18 to ₹200 for one joining at the age of 40.
The farmer’s contribution is automatically debited from the bank account linked to the scheme. Eligible farmers may also opt to use their PM-KISAN benefits for voluntary contributions towards PM-KMY, subject to the prescribed procedure.
Digital enrolment through CSCs
Eligible farmers can enrol through the nearest Common Service Centre (CSC) by providing their Aadhaar card, bank account details and mobile number for OTP verification.
The Village Level Entrepreneur at the CSC verifies the details and completes the online registration process. The farmer signs the auto-debit mandate, following which the first contribution is processed digitally.
After registration, the farmer receives a Pension Account Number and pension card. Subsequent contributions are automatically debited from the linked bank account.
Farmers can make contributions on a monthly, quarterly, four-monthly or half-yearly basis, according to the available options under the scheme.
Focus on old-age financial security
The government said PM-KMY represents an effort to strengthen social security among India’s small and marginal farming communities and provide farmers with greater financial security after their productive years.
With more than 24.96 lakh enrolments recorded by February 2026, the scheme has expanded its footprint across the country during its first seven years.
The government said the scheme’s continuing expansion reflects efforts to provide a pension safety net to farmers and ensure greater dignity and financial stability during their later years.
