Government Schemes & Programs Current Affairs - 2026-06-29

Background: The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme was launched on February 24, 2019, to provide income support to all landholding farmer families in the country. The objective is to supplement their financial needs for agricultural and allied activities, as well as domestic needs. Current Context: The scheme provides a direct benefit transfer of Rs 6,000 per annum to eligible farmers, payable in three equal installments of Rs 2,000 each. As of recent reports, the government has successfully disbursed multiple installments, ensuring continuous financial flow to millions of farmers. Efforts are ongoing to onboard remaining eligible beneficiaries and address any discrepancies in the database. Impact: PM-KISAN has significantly improved the financial stability of small and marginal farmers, enabling them to invest in better seeds, fertilizers, and equipment. It has also helped in reducing distress migration and improving rural livelihoods, thereby contributing to the overall agricultural economy.