Cabinet Extends PM-KISAN to 2030-31 with Rs 3.15 Lakh Crore Outlay
The Union Cabinet approved the continuation of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme from 2026-27 to 2030-31 with a total financial outlay of Rs 3.15 lakh crore. Under PM-KISAN, eligible land-holding farmer families receive Rs 6,000 per year in three equal instalments of Rs 2,000 directly into their bank accounts via Direct Benefit Transfer (DBT). The scheme was launched on 24 February 2019 at Gorakhpur, Uttar Pradesh; its 23rd instalment (Rs 18,880 crore) was released on 20 June 2026, and it has cumulatively benefited over 9 crore farmer families. It is administered by the Ministry of Agriculture & Farmers' Welfare and is India's largest direct income-support programme for farmers by beneficiary count.
PM-KISAN launched 24 February 2019, Gorakhpur (UP) | Rs 6,000/year in 3 instalments of Rs 2,000 via DBT | 23rd instalment released 20 June 2026 | Ministry of Agriculture & Farmers' Welfare
PM-KISAN was extended for FY2026-27 to FY2030-31 with a Rs 3.15 lakh crore outlay, continuing Rs 6,000/year income support to farmer families via DBT.