EconomicsSource: Press Information Bureau
23rd Instalment of PM-KISAN
Wednesday, 24 June 2026
Read Original ArticleKey Points
The Prime Minister's recent release of ₹18,880 crore as the 23rd installment of PM-KISAN underscores the government's ongoing commitment to supporting India's farmers. This initiative is crucial for UPSC aspirants, particularly for GS Paper 2 and 3, focusing on government schemes and economic development. Last Updated: 24-06-2026
Key Facts About PM-KISAN
- PM-KISAN is a Central Sector Scheme launched in 2019 to provide income support to landholding farmer families with cultivable land.
- The Union Budget 2026–27 allocated ₹60,000 crore for PM-KISAN, emphasizing continued support for farmers’ income security.
- More than ₹4.46 lakh crore has been disbursed through 23 installments, making it one of the world’s largest DBT initiatives.
- Each eligible farmer family receives ₹6,000 annually in three equal installments of ₹2,000 each.
- The scheme aims to increase farmers’ income, support agricultural inputs, and reduce dependence on informal credit.
- State Governments identify eligible households and maintain a detailed database for transparency.
- The scheme is monitored through a multi-tier framework, with national reviews chaired by the Cabinet Secretary.
- Beneficiary lists are publicly displayed to promote transparency and allow grievance redressal.
PM-KISAN: Strengthening Income Security for Farmers
Disbursed on June 20, 2026, the 23rd installment of PM-KISAN provided financial assistance to nearly 9.44 crore farmers, including 2.18 crore women. This installment, celebrated as "PM KISAN Utsav Diwas," highlights the scheme's role in ensuring 'Annadata Samman' and supporting India's agricultural resilience.
UPSC Relevance
- GS Paper 2: Government policies and interventions for development in various sectors.
- GS Paper 3: Issues related to direct and indirect farm subsidies and minimum support prices.
- Prelims: Questions on the objectives, financial allocations, and beneficiary details of PM-KISAN.
- Mains: Analytical themes on the impact of direct benefit transfers on rural economies.
FAQ Section
- What is PM-KISAN?
PM-KISAN is a government scheme providing assured income support to landholding farmer families with cultivable land, launched in 2019. - Why is PM-KISAN important?
The scheme is crucial for enhancing farmers' income, supporting agricultural inputs, and reducing reliance on informal credit, thereby strengthening agricultural resilience. - What are the key features of PM-KISAN?
Key features include annual financial assistance of ₹6,000 per eligible family, direct benefit transfer to Aadhaar-seeded accounts, and a robust monitoring framework.
Detailed Coverage
- PM-KISAN launched in 2019 for income support to farmers.
- Union Budget 2026–27 allocated ₹60,000 crore for the scheme.
- Over ₹4.46 lakh crore disbursed through 23 installments.
- Each eligible family receives ₹6,000 per year in three installments.
- Direct Benefit Transfer (DBT) mechanism used for fund transfer.
- State Governments identify eligible farmer households.
- Monitoring through a multi-tier framework.
- PM-KISAN portal and mobile app enhance transparency.
- Beneficiary lists publicly displayed to prevent duplication.
- PM-KISAN promotes financial independence and resilience.
- Kisan-eMitra AI chatbot launched for real-time support.
- Chatbot provides information in 11 languages.
- Farmers can check application status via voice and text.
- Over 23% of beneficiaries are women.
- Event celebrated as
Economics