PM-KISAN Scheme: Direct Income Support for Farmers
2026-06-27Background: The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme was launched by the Government of India to supplement the efforts of families to undertake agriculture and allied activities as well as suitable non-farm activities. Current Context: The scheme aims to provide a direct income support of Rs 6,000 per annum to all eligible landholding farmer families, irrespective of the size of their landholdings. This amount is paid in three equal installments of Rs 2,000 each, directly into the bank accounts of the beneficiaries. Impact: PM-KISAN has been instrumental in providing financial stability to millions of farmers, enabling them to meet their immediate needs for seeds, fertilizers, and other agricultural inputs, thereby boosting agricultural productivity and rural economy.
PM-KISAN 17th Installment: Financial Boost for Farmers
2026-06-27Background: The PM-KISAN scheme ensures that eligible farmer families receive financial assistance directly into their bank accounts. The installments are typically released periodically after verification of beneficiary data. Current Context: The 17th installment of the PM-KISAN scheme is anticipated to be released soon, providing crucial financial support to millions of farmers across the country. This release is subject to the completion of e-KYC and land record verification for all beneficiaries. Impact: The timely release of the 17th installment will empower farmers to manage their expenses related to the upcoming agricultural season, purchase necessary inputs, and improve their overall economic well-being, contributing to the stability of the agricultural sector.