New Delhi, July 31: The Union Cabinet has approved the continuation of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme for another five years, from 2026-27 to 2030-31, with a financial outlay of ₹3.15 lakh crore, reaffirming the Centre’s commitment to providing direct income support to eligible farming families.
The decision was taken at a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi.
Launched in February 2019, PM-KISAN provides eligible landholding farmer families with financial assistance of ₹6,000 annually in three equal instalments through the Direct Benefit Transfer (DBT) system. The government said the scheme has emerged as a transparent and technology-driven welfare programme, relying on Aadhaar authentication and digital beneficiary verification to ensure direct transfer of benefits.
According to the government, more than ₹4.47 lakh crore has been transferred directly into farmers’ bank accounts through 23 instalments since the scheme’s launch. Under the 23rd instalment alone, over ₹18,984 crore was released to benefit more than 9.49 crore farmers across the country.
The Centre also highlighted the scheme’s role during the COVID-19 pandemic, when more than ₹1.71 lakh crore was disbursed to farmers to provide financial support during the crisis.
Women farmers have also been significant beneficiaries under the programme. The government said more than ₹1.06 lakh crore has been transferred to women farmers so far, with nearly one in every four PM-KISAN beneficiaries being a woman.
The Cabinet noted that the financial assistance provided under PM-KISAN has enabled farmers to make timely investments in seeds, fertilisers, irrigation, agricultural machinery and other farm inputs, while reducing dependence on informal sources of credit and improving the financial stability of rural households.
The government cited an independent evaluation by the Development Monitoring and Evaluation Office (DMEO) of NITI Aayog, which found that over 92 per cent of beneficiaries used the assistance for agricultural activities and investments. Around 85 per cent reported improvements in farm income and reduced reliance on informal borrowing.
The evaluation also noted that between 2020-21 and 2025-26, the area under foodgrain cultivation increased by about 9.65 per cent, productivity rose by approximately 10.53 per cent, and overall foodgrain production grew by nearly 21.18 per cent.
The Centre described PM-KISAN as a key example of the Digital India initiative, with Aadhaar-based authentication, digital verification and the DBT mechanism ensuring transparency and minimising leakages in benefit delivery.
The government said extending the scheme is expected to strengthen farmers’ capacity to invest in agriculture, improve productivity, reduce farming risks and support rural economic growth. It added that PM-KISAN remains a central pillar of its farmer welfare strategy and an important component of its vision for a self-reliant agriculture sector and a developed India.
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