Pariksha SaathiPM releases the 24th instalment of PM-KISAN from Banaskantha, Gujarat: over ₹18,690 crore transferred to more than 9.34 crore farmers
Prime Minister Narendra Modi released the 24th instalment of Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) from Banaskantha, Gujarat, on 30 October 2026, transferring more than ₹18,690 crore directly to the bank accounts of over 9.34 crore farmers across the country through Direct Benefit Transfer (DBT). On the occasion he also dedicated to the nation 521 units developed under the Agriculture Infrastructure Fund and inaugurated 12 Horticulture Clusters. PM-KISAN, launched on 24 February 2019, aims to provide financial support to all landholding farmer families with cultivable land: eligible farmers receive ₹6,000 a year in three equal instalments of ₹2,000 each, with land records digitally verified and the amount transferred directly to Aadhaar-seeded bank accounts through DBT. Around 25% of the total benefits go to women beneficiaries; women farmers had received more than ₹1.06 lakh crore under the scheme till the 23rd instalment, and nearly one out of every four beneficiaries is a woman farmer. According to PIB's backgrounder on the instalment, payments are processed through sponsor banks and the National Payments Corporation of India (NPCI), and at the national level the scheme's review mechanism is chaired by the Cabinet Secretary.
Drafted with AI assistance from the official PIB release linked above and checked against it by a second AI pass. Not line-edited by a human.
Learning context
On 31 July 2026 the Union Cabinet chaired by Prime Minister Narendra Modi approved the continuation of PM-KISAN from 2026-27 to 2030-31, with a total financial outlay of ₹3.15 lakh crore for the period. The Cabinet release said that more than ₹4.47 lakh crore had been transferred directly into farmers' bank accounts through 23 instalments; that under the 23rd instalment more than 9.49 crore farmers benefited, with over ₹18,984 crore released; and that more than ₹1.71 lakh crore was disbursed during the COVID-19 pandemic. It cited an evaluation by NITI Aayog's Development Monitoring and Evaluation Office (DMEO): more than 92% of beneficiaries reported using the assistance for agricultural activities and agricultural investment, and approximately 85% confirmed an improvement in agricultural income and a reduction in dependence on informal credit.
Check yourself: for which period did the Union Cabinet approve the continuation of PM-KISAN in July 2026, and with what total financial outlay?
From 2026-27 to 2030-31; ₹3.15 lakh crore.
Revision task: from this release, note the instalment number, the place it was released from, the amount and the number of farmers, the Agriculture Infrastructure Fund units and Horticulture Clusters, the scheme's launch date and annual benefit, and the women farmers' share; from the note, the continuation period and outlay approved by the Cabinet and the 23rd instalment's figures.
Test yourself
From which place did Prime Minister Narendra Modi release the 24th instalment of PM-KISAN on 30 October 2026?
Show the answer
Answer: Banaskantha, Gujarat
Prime Minister Narendra Modi released the 24th instalment of PM-KISAN from Banaskantha, Gujarat, on 30 October 2026, transferring more than ₹18,690 crore directly to the bank accounts of over 9.34 crore farmers through DBT. He also dedicated to the nation 521 units developed under the Agriculture Infrastructure Fund and inaugurated 12 Horticulture Clusters.
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