Union Cabinet approved the continuation of
the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme for another five years
¨
Union Cabinet approved
the continuation of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme for
another five years on 31 July 2026.
¨
The scheme will continue
from 2026-27 to 2030-31 with a total financial outlay of ₹3,15,614 crore.
¨
PM-KISAN is a Central
Sector Scheme launched on 24 February 2019.
¨
The scheme provides
annual income support of ₹6,000 to eligible landholding farmer families.
¨
The financial assistance
is provided in three equal instalments of ₹2,000 each.
¨
The amount is directly
transferred into Aadhaar-seeded bank accounts of beneficiaries through the
Direct Benefit Transfer (DBT) mechanism.
¨
Since its launch, more
than ₹4.47 lakh crore has been transferred to farmers under the scheme through
23 instalments.
¨
The 23rd instalment,
released in June 2026, benefited more than 9.49 crore farmers and involved an
amount of over ₹18,984 crore.
¨
PM-KISAN is implemented
by the Government of India and covers eligible landholding farmer families
across the country.
¨
The scheme uses
Aadhaar-based authentication and bank account linkage to ensure transparent and
efficient payment delivery.
¨ The continuation of the scheme aims to provide sustained income support to farmers, improve financial stability in rural areas, and strengthen agricultural livelihoods.
¨ PM-KISAN is an important initiative for promoting farmer welfare, inclusive growth, and digital-based delivery of government benefits.