The Hindu·2 min read·easy
Centre extends PM-Kisan for four more years, allocates ₹3.15 lakh crore
T
The Hindu Bureau
✦AI Summary
The Indian government has extended the PM-KISAN income support scheme for farmers through 2031 with a budget allocation of ₹3.15 lakh crore. The program provides direct cash transfers to eligible families to assist with agricultural investments and household financial stability.
The Union Cabinet on Friday (July 31, 2026) approved the continuation of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme from 2026–27 to 2030–31, with a total financial outlay of ₹3.15 lakh crore. The scheme provides financial assistance of ₹6,000 per year for farmers.
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