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    Pm Kisan

    An annual financial benefit of Rs 6,000 is provided to eligible beneficiary farmer families, payable in three equal four-monthly instalments of Rs 2,000 each, under the Pradhan Mantri Kisan Samman Nidhi (PM Kisan) scheme. Announced in the Union Budget on February 1, 2019, the scheme provides a direct annual income support of Rs 6,000 per annum to farmers with land holding below two hectares. It was estimated to benefit around 12 crore farmers and would cost the exchequer Rs 75,000 crore. The fund is transferred directly to the bank accounts of the beneficiaries. The first instalment was for December 2018-March 2019 period. It was formally launched at the national level by Prime Minister Narendra Modi on February 24 at Gorakhpur in Uttar Pradesh by transferring the first instalment to 1.01 crore farmers, amounting Rs 2,021 crore. In May 2020, the Centre said it transferred over Rs 19,000 crore to bank accounts of 9.65 crore farmers under the PM-KISAN scheme during the lockdown period. Most recently, PM Modi released the next instalment of the scheme in August 2021. The PMO said this enabled the transfer of over Rs 19,500 crore to more than 9.75 crore beneficiary farmer families. This took the total amount transferred in instalments by the government under PM-Kisan to farmer families to around Rs 1.57 lakh crore. The government has also linked 2.28 crore PM-KISAN beneficiaries with Kisan Credit Card scheme, under which they have been able to avail loan up to Rs 2.32 lakh crore so far. More

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    • PM Modi to release 20th installment of over Rs 20,000 crore under PM Kisan on August 2 | Check details

      The total amount to be distributed in this round is around Rs 20,500 crore, making it one of the largest-ever single-day support payments to farmers in India.

    • PM Modi in Bihar: Releases 19th PM-Kisan installment, transfers Rs 22,000 crore to farmers

      Highlighting the nation’s growth, he said, “This is the land of ‘Viksit Bharat’.” The event saw participation from several chief ministers, ministers, and farmers across the country.

    • PM Modi to release 19th instalment of PM-KISAN scheme in Bihar today; check details

      Modi will also address a public rally at the Airport Ground, besides interacting with farmers from several neighbouring districts

    • PM to release 19th instalment of PM-KISAN on Monday, 9.8 cr farmers to get Rs 22,000 cr

      Under this scheme, each beneficiary gets an annual benefit of Rs 6,000, in three equal installments of Rs 2,000 every four months.

    • PM-KISAN's allocation raised to Rs 63,500 crore in Budget 2025

      PM-KISAN is a Union government programme designed to support all landholding farmer families across the country

    • Government's agriculture spending has grown six-fold since FY15

      While the agriculture budget has grown at a compounded annual growth rate of 5.4 percent since 2019-20, non-PM-KISAN spending has increased 6.5 percent annually

    • PM Modi to release PM-Kisan's 18th installment on October 5. Check beneficiary status, eligibility and eKYC process

      The government will spend Rs 20,000 crore to transfer Rs 2,000 directly in the accounts of more than 9.5 crore farmers

    • No increase for PM-Kisan in Budget 2024

      Overall outlay under the Pradhan Mantri Kisan Samman Nidhi programme increased xx percent compared with Rs 60,000 crore allocation under the interim budget and just over Rs 58,000 crore in FY24.

    • Budget brings Kisan at centre stage with Rs 1.52 lakh crore agri allocation

      Modi 3.0 increased allocation for agriculture and allied activities from Rs140533 in 2023-24 to Rs 1.52 lakh cr .

    • Budget 2024: Centre has room to hike spending while ensuring quicker fiscal consolidation, says ICRA's Aditi Nayar

      In the interim Budget for FY25, the central government pegged fiscal deficit target at 5.1 percent in the ongoing financial year from the revised aim of 5.8 percent in FY24.

    • MC Analysis: Budget FY25 - Industry bodies push for an over Rs 1 lakh crore boost to economy

      A large proportion, nearly 60%, is expected to go towards capex

    • India Inc seeks higher capex, tax reforms in Budget

      An upward revision of MNREGA minimum wages and increase in Direct Benefit Transfer amount in schemes such as PM KISAN was also suggested.

    • MC Explainer | Farmers' protest: What is minimum support price, or MSP? Is legalising MSP a cure for India's agriculture problem?

      The Minimum Support Price (MSP) system in India is fundamental in providing price support to farmers for their agricultural produce, thereby ensuring remunerative prices and income security. The Commission for Agricultural Costs and Prices (CACP) is tasked with recommending MSPs for various crops, taking into account factors such as production cost, demand-supply dynamics, market prices, and other relevant considerations.

    • No proposal to hike amount under PM-Kisan from Rs 6,000 per farmer annually: Narendra Singh Tomar

      "At present, there is no proposal to further increase the amount of PM-KISAN from Rs 6,000," Tomar said in a written reply to the Lok Sabha.

    • PM-Kisan instalments may be increased by one tranche

      While there has been no proposal yet on the government leveraging its savings under the PM Kisan Yojana, it does make room to increase the number of payment instalments

    • 1,800 special guests to attend Independence Day celebrations at Red Fort

      From sarpanches of Vibrant Villages to farmers, these special guests with their spouses have been invited to witness PM’s address to the nation

    • Why state government budgets are reinforcing Jefferies' conviction on FMCG makers

      Concerns abound about the impact of the El Nino weather phenomenon on rural incomes and consumption has turned many fund managers wary of consumer packaged goods makers

    • PM Modi releases over Rs 16,000 crore to farmer beneficiaries in latest instalment under PM-KISAN

      Under the scheme, eligible farmer families are provided Rs 6,000 per year in three equal instalments of Rs 2,000 each.

    • PM Modi to release 13th instalment of Rs 16,800 crore under PM-KISAN on Monday

      Under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN), eligible farmers are provided with a financial benefit of Rs 6,000 per year in three equal instalments of Rs 2,000 each every four months.

    • Small farmers to benefit from this Budget: Agriculture Minister

      Agriculture Minister Narendra Singh Tomar said the overall budgetary allocation for his ministry has been increased to an estimated Rs 1.25 lakh crore for the 2023-24 financial year, which includes Rs 60,000 crore for the government's ambitious scheme PM-KISAN.

    • About 3 lakh women farmers benefited from PM-KISAN, Rs 54,000 crore transferred to them so far: President Droupadi Murmu

      The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme was launched in February 2019 but is being implemented with effect from December 2018.

    • PM Kisan: Aadhaar-based eKYC via OTP authentication available again. Details here

      Under PM Kisan, an amount of Rs 6,000 per year is released in three four-monthly instalments of Rs 2,000 each

    • PM Modi transfers Rs 19,500 crore to nearly 10 crore farmers under PM-KISAN; money to help in current sowing

      Addressing the virtual event, Modi said the government has transferred over Rs 19,500 crore directly to nearly 10 crore farmers and this amount will be useful for them.

    • PM Modi transfers about Rs 19,500 cr to over 9.75 crore farmers under PM-KISAN

      With this, the government has so far transferred nine installments amounting around Rs 1.57 lakh crore to farmer families under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme.

    • 4.2 million illegal beneficiaries received cash payment worth Rs 2,900 crore under PM-KISAN scheme

      Agriculture Minister Narendra Singh Tomar told the Lok Sabha on July 20 that while most states have such ineligible beneficiaries, Assam, Punjab, Tamil Nadu, Bihar, and Chhattisgarh top the list.

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