NEWS: Government released the 24th instalment, transferring ₹18,690 crore to over 9.34 crore eligible farmers.
KEY FACTS
- Launched: 24 February 2019 (operational from 1 December 2018).
- Type: Central Sector Scheme → 100% funded by Central Government.
- Ministry: Ministry of Agriculture and Farmers Welfare.
- Objective: Provide income support to eligible landholding farmer families.
FINANCIAL SUPPORT
- ₹6,000 per year in 3 instalments.
- ₹2,000 per instalment.
- Money transferred directly through DBT into Aadhaar-seeded bank accounts.
ELIGIBILITY
- Covers eligible farmer families owning cultivable land.
- Family includes husband, wife + minor children.
- States/UTs verify land records and identify beneficiaries.
- Mandatory requirements → Aadhaar-bank linking + land record seeding + e-KYC.
EXCLUSIONS
- Institutional landholders.
- Present/former holders of specified constitutional and political posts.
- Serving/retired government and PSU employees, with specified exceptions.
- Income-tax payers.
- Certain pensioners and practising professionals such as doctors, lawyers, engineers + CAs.
RECENT DEVELOPMENTS
- 24th instalment: ₹18,690 crore to 9.34 crore+ farmers.
- Continuation: 2026–27 to 2030–31.
- Total outlay: ₹3.15 lakh crore.
- Budget 2026–27 allocation: ₹63,500 crore.
- Recovery: ₹416.75 crore recovered from ineligible beneficiaries as of December 2025.
MONITORING
- Beneficiary lists displayed at village level.
- National, State + District-level monitoring committees.
- Grievances through PM-KISAN Portal + CPGRAMS.
SIGNIFICANCE
- Supports farmers' agricultural expenses and household needs.
- Promotes DBT + transparency.
- Provides income support, especially to small and marginal farmers.