What happened now (Union Cabinet extension of PM-Kisan)

The Union Cabinet approved continuing the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme from 2026–27 to 2030–31. The approved total outlay is ₹3.15 lakh crore. PM-Kisan provides farmers an income support of ₹6,000 per year.

PM-Kisan delivery and coverage: government-stated numbers for bank transfers and beneficiaries

The government’s stated delivery approach for PM-Kisan is direct credit into farmers’ bank accounts (bank-transfer based delivery) through repeated instalments. The government states the following coverage and transfer figures:

Since PM-Kisan began in February 2019, the government states that it transferred over ₹4.47 lakh crore directly to farmers’ bank accounts across 23 instalments.The government states that the latest instalment benefited more than 9.49 crore farmers and released over ₹18,984 crore.The government states that women farmers received more than ₹1.06 lakh crore.The government states that nearly one in four beneficiaries is a woman.

Background and earlier position (PM-Kisan start and instalment-based bank transfer approach)