The government announced on 30 October 2026 that it has released the 24th instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN), transferring over ₹18,690 crore to 9.34 crore eligible farmers. The scheme provides landholding farmer families with ₹6,000 annually, delivered in three equal instalments of ₹2,000 via Direct Benefit Transfer to Aadhaar-linked bank accounts. The Union Cabinet has approved the continuation of the scheme from 2026-27 to 2030-31 with a total financial outlay of ₹3.15 lakh crore. To receive benefits, farmers must have their land records seeded on the portal, link their bank accounts to Aadhaar, and complete e-KYC verification.
Key points
- ₹18,690 crore transferred to 9.34 crore farmers in the 24th instalment.
- Eligible farmer families receive ₹6,000 annually in three instalments of ₹2,000 each.
- Scheme extended from 2026-27 to 2030-31 with a ₹3.15 lakh crore outlay.
- Requirements: Land record seeding, Aadhaar-linked bank accounts, and e-KYC completion.
- Cumulative disbursements under the scheme have exceeded ₹4.64 lakh crore.
When it applies
- release of the 24th instalment of PM-KISAN
- continuation of the PM-KISAN Scheme
- continuation of the PM-KISAN Scheme
Who it affects
- landholding farmer families nationwide with cultivable land