The Union Cabinet, on 31 July, approved the continuation of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme for the period 2026–27 to 2030–31.
- A financial outlay of ₹3.15 lakh crore has been approved for the Scheme during this five-year period.
- The Scheme aims to provide timely and transparent income support to eligible farmer families through the Direct Benefit Transfer (DBT) system.
- The income support enables farmers to increase agricultural investment and strengthen their livelihoods.
About PM-KISAN Scheme
- PM-KISAN was launched in February 2019.
- Under the Scheme, eligible landholding farmer families receive ₹6,000 per year as financial assistance.
- The amount is transferred directly into beneficiaries’ bank accounts in three equal installments of ₹2,000 each every year.
- The Scheme uses Aadhaar authentication, digital verification, and a robust Direct Benefit Transfer (DBT) mechanism to ensure transparency, efficiency and accountability.
Benefits of the Scheme
- The financial assistance helps farmers make timely investments in Seeds, Fertilisers, Irrigation, agricultural machinery, and other agricultural inputs.
- The Scheme supports improved agricultural productivity and income security by ensuring regular financial assistance.
Who is Not Eligible?
The following categories are not eligible to receive benefits under PM-KISAN:
- Income Tax payees
- Institutional landholders
- Families of holders of constitutional posts
- Serving or retired Government employees (subject to prescribed exceptions)
- Other categories specified under the Scheme guidelines.
Source: PIB
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