← Government Schemes & Missions: Household & Livelihood (all topics)
PM-KISAN
What it is
Pradhan Mantri Kisan Samman Nidhi - income support of Rs 6,000 a year to landholding farmer families, paid as three Rs 2,000 instalments by direct benefit transfer. Launched Feb 2019
About Rs 4.5 lakh cr has been disbursed across 23 instalments; the 23rd, released 20 Jun 2026, transferred ~Rs 18,900 cr to ~9.4 crore farmers. Nearly one beneficiary in four is a woman
Impact on industries
- A predictable rural liquidity injection timed to the cropping cycle, tracked directly as a proxy for demand in tractors, two-wheelers, fertiliser and FMCG
- Continuation approved for FY27-FY31 with an outlay of ~Rs 3.16 lakh cr, removing the scheme-expiry risk that clouds most government demand streams
- The amount is small against actual input costs - Rs 2,000 a quarter does not fund a tractor purchase, so it supports consumption and working capital rather than capital equipment
- Landholding-based eligibility excludes tenant farmers and labourers, and e-KYC and Aadhaar-seeding gaps still strand eligible beneficiaries