PM Kisan 24th instalment released: 9.34 crore farmers get over Rs 18,690 crore

What happened

The government released the 24th instalment of the PM Kisan scheme on 30 October 2026 at Banaskantha in Gujarat. Under it, more than 9.34 crore eligible farmers received over Rs 18,690 crore directly in their bank accounts. The money is sent through Direct Benefit Transfer (DBT), so no middleman is involved.

What the scheme is

PM Kisan is a centrally sponsored scheme launched on 24 February 2019. It gives eligible farmer families who own cultivable land Rs 6,000 a year. This amount comes in three instalments of Rs 2,000 into an Aadhaar-linked bank account. The support helps farmers invest in seeds, fertiliser, irrigation and farm machinery.

Who benefits

The instalment reached farmer families whose names are in the scheme’s beneficiary database and who meet its conditions. The scheme aims to support the income of small and marginal farmers and reduce their dependence on informal loans. Across 24 instalments, more than Rs 4.64 lakh crore has been distributed so far.

What has been decided for the future

In July 2026, the Union Cabinet approved continuing the scheme from 2026-27 to 2030-31. A financial outlay of Rs 3.15 lakh crore has been approved for this period. The Union Budget 2026-27 also allocated Rs 60,000 crore for the scheme.

What are the conditions for getting the money

Benefits are given only when the farmer’s land record is linked on the PM Kisan portal, the bank account is linked to Aadhaar and eKYC is complete. eKYC can be done through OTP, biometrics or face authentication. It can also be done by scanning your face on the PM Kisan mobile app.

What to do if your name is missing

Lists of eligible beneficiaries are displayed publicly at the village level. If a farmer’s name has been left out by mistake, they can try to get it added through the grievance redress system. Complaints can be filed on the PM Kisan portal or on CPGRAMS. For information and help, see pmkisan.gov.in.