Under the Pradhan Mantri Kisan Maandhan Yojna (PM-KMY), how much monthly pension is provided to eligible small and marginal farmers after the age of 60?
₹3,000
The Pradhan Mantri Kisan Maandhan Yojana is a voluntary pension scheme aimed at providing social security to small and marginal farmers in their old age.
Under this scheme, eligible farmers who contribute a monthly amount between the ages of 18 and 40 become entitled to a fixed monthly pension of ₹3,000 once they reach the age of 60.
The scheme is co-contributory in nature, meaning the central government matches the farmer's contribution into the pension fund, and it is administered through the Life Insurance Corporation of India.
Hence, the answer is ₹3,000.
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