Government Schemesv1 · 1 version
PM-KMY Farmer Pension Scheme
PM-KMY is the Centre's contributory pension scheme for small and marginal farmers: join between 18 and 40, pay a small monthly premium that the government matches rupee for rupee, and draw at least Rs 3,000 a month once you turn 60. It completed seven years on 12 September 2026 with about 24.96 lakh farmers on its rolls.
Last updated 17 September 20266 min read
Latest update
Opened a card on the Centre's farmer pension scheme, which turned seven on 12 September 2026: 24,96,252 farmers enrolled by 6 February 2026, Rs 540.66 crore spent since 2019, and Haryana and Bihar well ahead of every other state on take-up. The card also sets out the matching contribution ladder, the exclusion list and how a farmer can pay the premium out of PM-KISAN money.
- PM-KMY
- Pradhan Mantri Kisan Maandhan Yojana
- farmer pension
- small and marginal farmers
- old-age pension
- LIC
- PM-SYM
- Department of Agriculture and Farmers Welfare
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