Government Schemes & Programs Current Affairs - 2026-06-04

Background: The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme was launched on February 24, 2019, by the Ministry of Agriculture & Farmers Welfare. Its primary objective is to provide direct income support to all landholding farmer families in the country. The scheme aims to supplement their financial needs for procuring various inputs and other expenses related to agricultural and allied activities, as well as domestic needs. Current Context: As of recent updates, the government continues to disburse installments under the PM-KISAN scheme, ensuring timely financial assistance reaches eligible farmers. The scheme provides Rs 6,000 annually to farmers, paid in three equal installments of Rs 2,000 each. Beneficiaries are identified based on landholding criteria, and the funds are directly transferred to their bank accounts through the Direct Benefit Transfer (DBT) mode. Impact: The PM-KISAN scheme has significantly impacted the agricultural sector by providing a crucial safety net for farmers. It helps mitigate financial distress, enables timely investment in farming operations, and contributes to improved agricultural productivity and rural economic stability. The direct transfer mechanism ensures transparency and efficiency in fund disbursement.