Cabinet approves continuation of the PM-KISAN Scheme from 2026-27 to 2030-31 with a Financial Outlay of Rs.3.15 lakh crore
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Government scheme — a structured programme with defined beneficiaries, budget allocation, and delivery mechanisms. The primary instrument for delivering welfare and development outcomes.
Summary
Government of India press release: Cabinet approves continuation of the PM-KISAN Scheme from 2026-27 to 2030-31 with a Financial Outlay of Rs.3.15 lakh crore
Key Facts
TypeScheme
SourceElection Commission of India (via PIB)
PublishedMonday, 1 June 2026
Affected Population~150 million farming households, 42% of workforce
Key Numbers
Agri budget: Rs 1.52 lakh crore (2025-26)
MSP for 23 crops
PM-KISAN: Rs 6,000/year to 9 crore farmers
Rs 15,000 crore for Digital India initiatives
Key Authorities
Key Stakeholders
Government Context
NDA IIIBJP-led NDA
LeftCentreRight
Impact Assessment
9/10
Impact ScoreBeneficiaries9.5 crore farmer families
Budget AllocationRs 60K Crore
CoverageAll states and UTs
Implementation StatusOperational
95% implemented
Key Outcomes
- Rs 6,000/year direct transfer to farmer families in 3 instalments
- 18 instalments disbursed as of 2026
- Total disbursement exceeds Rs 3 lakh crore since launch
Challenges
- Exclusion errors in land records
- Delayed KYC verification in some states
SDG Alignment
Amendment History
1 change recorded for this policy.
DescriptionMonday, 3 August 2026via ibef
The Union Cabinet has approved the continuation of the PM-KISAN Scheme from 2026-27 to 2030-31 with a financial outlay of US$ 33 billion to strengthen farmers' incomes, agricultural investment and rural prosperity.