Consider the following Statements.
(I) PM-KMY Scheme is applicable to all small and marginal farmers.
(II) Small and marginal farmers are the farmers who own cultivable land up to 2 hectares as per the land records of the concerned State/UT.
(III) If the beneficiary dies before the retirement date, the spouse cannot continue this scheme but will receive the total contribution made by the farmer along with interest.
If the beneficiary dies before the retirement date, the spouse may continue this scheme by paying the remaining contributions. But if the spouse does not wish to continue, then, the total contribution made by the farmer along with interest will be paid to the spouse. All the small and marginal farmers (who own cultivable land up to 2 hectares) as per the land records of the concerned State/UT) and are aged between 18 years to 40 years are eligible to apply for the Pradhan Mantri Kisan Maan-Dhan Yojana and can avail all the benefits of this Scheme.
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