New Delhi: The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) is a Central Sector government scheme launched in February 2019 to provide direct financial support to eligible landholding farmer families. Under the scheme, eligible farmers receive ₹6,000 a year in three equal instalments of ₹2,000, transferred directly to their bank accounts through the Direct Benefit Transfer (DBT) system.
The purpose is not to replace farm income, but to supplement farmers’ financial needs. The official PM-KISAN FAQ says the assistance can help farmers meet expenses connected with agricultural inputs, allied activities and household needs.
How Does PM-KISAN Benefit Farmers?
For a farmer, the value of PM-KISAN lies in the fact that the money reaches the beneficiary directly, without an intermediary. The government says the scheme is designed to provide timely income support and strengthen farmers’ ability to invest in agriculture.
The ₹2,000 instalments can help farmers manage seeds, fertilisers, irrigation and other farming requirements, particularly when cash flow becomes tight between agricultural cycles. The government has also cited independent evaluations indicating that the assistance has helped beneficiaries increase agricultural investment and reduce dependence on informal credit.
The scale is significant. With the 23rd instalment released on June 20, 2026, more than 9.44 crore farmers received around ₹18,880 crore through DBT. Since the scheme began, the government says more than ₹4.46 lakh crore has been transferred through PM-KISAN.
Why PM-KISAN Matters to Farmers
The scheme offers three practical advantages:
Direct financial support: Eligible farmers receive ₹6,000 annually, divided into three payments.
No middleman: The money is transferred directly into the beneficiary’s bank account through DBT, improving transparency.
Support for farm spending: The assistance can provide additional cash for agricultural inputs and other immediate financial requirements. Government-cited evaluations have also linked the support with increased agricultural investment and lower dependence on informal borrowing.
What Comes Next: PM-KISAN 24th Instalment
This background sets up the main news question: when will farmers receive the PM-KISAN 24th instalment?
The latest official PM-KISAN portal confirms that the 23rd instalment was released on June 20, 2026. The scheme follows a three-instalment annual structure, making the next instalment particularly relevant for farmers watching October 2026.
