Executive Summary
The Union Cabinet has approved the continuation of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme for the period 2026–27 to 2030–31. This extension involves a total financial outlay of Rs. 3.15 lakh crore to provide timely income support to eligible farmers. The decision reinforces the government’s commitment to strengthening the rural economy and achieving agricultural self-reliance.
Key Points / Main Content
Extension and Financial Allocation
The scheme is extended for five years, covering the financial years from 2026–27 to 2030–31.
A dedicated budget of Rs. 3.15 lakh crore has been sanctioned for this period.
The assistance is disbursed in three equal installments directly into bank accounts.
The system utilizes Aadhaar-based authentication, digital verification, and a robust Direct Benefit Transfer (DBT) framework to ensure transparency.
Historical Achievements
Since its launch in February 2019, more than Rs. 4.47 lakh crore has been transferred across 23 installments.
The 23rd installment alone benefited over 9.49 crore farmers with a release of Rs. 18,984 crore.
During the COVID-19 pandemic, the scheme provided over Rs. 1.71 lakh crore in financial assistance.
Women farmers account for nearly 25% of beneficiaries, receiving over Rs. 1.06 lakh crore to date.
Evaluation and Sectoral Impact
Independent NITI Aayog evaluations indicate that 92% of beneficiaries used the funds for agricultural investments.
Approximately 85% of farmers reported improved income and reduced reliance on informal credit.
Between 2020–21 and 2025–26, the sector saw a 21.18% increase in total foodgrain production and a 10.53% increase in productivity.
Impact Analysis
Eligible Landholding Farmer FamiliesImpact
Farmers receive direct financial stability, allowing for timely investments in seeds, fertilizers, and machinery. This support reduces their dependence on high-interest informal credit and enhances their productive capacity.
Action Required
Beneficiaries must ensure their bank accounts are linked with Aadhaar and meet digital verification requirements to continue receiving installments.
Women FarmersImpact
The scheme promotes gender-inclusive agricultural growth, with significant financial disbursements (over Rs. 1.06 lakh crore) specifically reaching women in the sector.
Action Required
Eligible women farmers should ensure they are registered under the landholding criteria to claim their share of the assistance.
The Agricultural Sector and Rural EconomyImpact
The extension is expected to drive further increases in foodgrain production, cultivation area, and overall rural economic strength, contributing to the "Viksit Bharat" (Developed India) vision.
Action Required
Implementing agencies must manage the Rs. 3.15 lakh crore outlay and maintain the digital infrastructure for seamless DBT delivery through 2031.
Key Entities Referenced
Pradhan Mantri Kisan Samman Nidhi (PM-KISAN): A central government scheme providing annual financial assistance of Rs. 6,000 to eligible landholding farmer families in three equal instalments.
Direct Benefit Transfer (DBT) system: The primary mechanism used to transfer scheme funds directly into the bank accounts of beneficiaries to ensure transparency and efficiency.
Development Monitoring and Evaluation Office (DMEO), NITI Aayog: The institutional body responsible for conducting independent evaluations to assess the scheme's impact on agricultural investment and farmers' income.
Digital India: The national initiative providing the technological framework and infrastructure required for the scheme's implementation and digital verification.
Aadhaar: The biometric authentication system used for digital beneficiary verification to ensure accountability and targeted delivery of benefits.
Cabinet
Cabinet approves continuation of the PM-KISAN
Scheme from 2026-27 to 2030-31 with a
Financial Outlay of Rs.3.15 lakh crore
प्रव तथ: 31 JUL 2026 4:13PM by PIB Delhi
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved continuation of the
Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme from 2026–27 to 2030–31. A total financial
outlay of Rs.3.15 lakh crore has been approved for the Scheme during this period.
The approval reiterates the Government’s commitment that the prosperity of farmers forms the foundation
of the nation’s prosperity. Through the PM-KISAN Scheme, timely and transparent income support is
being provided to eligible farmer families through the Direct Benefit Transfer (DBT) system, enabling
farmers to increase agricultural investment and strengthen their livelihoods.
PM-KISAN: A Successful Model of Transparent and Technology-driven Farmer Welfare
The PM-KISAN Scheme was launched in February 2019. Under the Scheme, eligible landholding
farmer families receive financial assistance of Rs.6,000 per year, transferred directly into their bank
accounts in three equal instalments. Through Aadhaar authentication, digital verification and a
robust DBT system, the Scheme has set an effective example of transparency, efficiency and
accountability.
Key Achievements of the PM-KISAN Scheme:
More than Rs.4.47 lakh crore has been transferred directly into farmers’ bank accounts through 23
instalments under the Scheme.
Under the 23rd instalment, more than 9.49 crore farmers benefited, with over Rs.18,984 crore released.
During the COVID-19 pandemic, more than Rs.1.71 lakh crore was disbursed to provide financial
assistance to farmers.
Women farmers have received more than Rs.1.06 lakh crore under PM-KISAN, and nearly one out of
every four beneficiaries is a woman farmer.
Significant Role in Strengthening Agricultural Investment and Farmers’ Income:
The assistance provided under PM-KISAN has enabled farmers to make timely investments in seeds,
fertilizers, irrigation, agricultural machinery and other agricultural requirements. This has enhanced
farmers’ productive capacity, reduced their dependence on informal credit and strengthened the financial
stability of rural households.
Positive Impact Confirmed through Independent Evaluations:
The impact of the PM-KISAN Scheme has been assessed by various independent institutions. According
to the evaluation conducted by the Development Monitoring and Evaluation Office (DMEO) of NITI
Aayog:More than 92% of beneficiaries reported that they utilised the assistance amount for agricultural activities
and agricultural investment.
Approximately 85% of beneficiaries confirmed an improvement in agricultural income and a reduction in
dependence on informal credit.
During the period 2020–21 to 2025–26, foodgrain production recorded significant growth. During this
period, the area under cultivation increased by approximately 9.65%, productivity by approximately
10.53%, and total foodgrain production by approximately 21.18%, reflecting the comprehensive support
being provided to farmers under PM-KISAN and the growing capacity of the agriculture sector.
Direct Benefits to Farmers through Digital India
The PM-KISAN Scheme is an excellent example of the effective use of Digital India. Through Aadhaar-
based authentication, digital beneficiary verification and the DBT system, financial assistance is being
transferred directly to farmers. The Scheme is not limited to providing financial assistance alone; it is also
strengthening farmers’ confidence, self-reliance and capacity to invest in agriculture.
An Important Step Towards an Atmanirbhar Bharat and Prosperous Farmers:
The continued expansion of the PM-KISAN Scheme will enhance farmers’ capacity to invest in
agriculture, improve productivity, help reduce agricultural risks and strengthen the rural economy.
The PM-KISAN Scheme is an important pillar of the Government’s farmer-centric policies. The Scheme
is aimed at empowering crores of the country’s food producers, thereby strengthening their role in India’s
journey towards Viksit Bharat.
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