Context: PM-KISAN scheme extension 2026
The Union Cabinet has approved the continuation of the Pradhan Mantri Kisan Samman Nidhi Scheme from 2026–27 to 2030–31.
The scheme has been extended with a total outlay of ₹3.15 lakh crore.
Pradhan Mantri Kisan Samman Nidhi
PM-KISAN was launched in February 2019.
It is a direct income support scheme for eligible farmer families.
Nodal Ministry
The nodal ministry is the Ministry of Agriculture and Farmers Welfare.
Financial Assistance
Under the scheme, eligible farmer families receive ₹6,000 per year.
The amount is paid in three equal instalments through Direct Benefit Transfer.
Extension and Outlay
The scheme has been extended for four years from 2026–27 to 2030–31.
The outlay for this period is ₹3.15 lakh crore.
Key Features
More than ₹4.47 lakh crore has been transferred through 23 instalments since the launch of the scheme.
Under the 23rd instalment, over 9.49 crore farmers benefited.
The assistance under the 23rd instalment exceeded ₹18,984 crore.
Significance for Farmers
PM-KISAN provides direct income support for agricultural inputs such as:
- Seeds
- Fertilisers
- Irrigation
- Farm machinery
- Other agricultural requirements
It reduces dependence on informal credit.
It improves financial stability for small and marginal farmers.
It also supports farm productivity.
Women Beneficiaries
The scheme also benefits women farmers, who form a significant share of beneficiaries.
This makes the scheme relevant for both agricultural welfare and rural household stability.
Key Takeaway
PM-KISAN provides direct income support to farmers and helps reduce their dependence on informal credit. Its extension shows continued emphasis on farmer welfare and rural financial stability.
