PM Kisan 24th instalment to be released on 30 October; 9.34 crore farmers to get over Rs 18,690 crore

What has happened

According to a release from the Ministry of Agriculture and Farmers Welfare, Prime Minister Narendra Modi will release the 24th instalment of the Pradhan Mantri Kisan Samman Nidhi (PM Kisan) at Banaskantha in Gujarat on 30 October 2026. Under this instalment, more than Rs 18,690 crore will be sent directly to the bank accounts of over 9.34 crore farmers across the country.

What is PM Kisan

PM Kisan is a central scheme that gives financial support to eligible farmer families through Direct Benefit Transfer (DBT). The ministry says this helps farmers meet farming and household expenses and supports their livelihood. The release says more than Rs 4.47 lakh crore has already been given to eligible farmers through the first 23 instalments.

Who benefits

The benefit goes to farmer families who are eligible under the scheme and whose bank accounts are linked to it. They will get the money directly in their accounts. Farmers whose names are not on the scheme’s list will not get this instalment directly. The release does not say how much each instalment is worth or whether a separate application is needed for the new instalment.

What else is planned

At the same event, the Prime Minister will dedicate 521 units set up under the Agriculture Infrastructure Fund to the nation. These units relate to farm storage, processing and related facilities. Twelve horticulture clusters will also be inaugurated to promote high-value horticulture crops and raise farmers’ incomes.

A programme in Raisen too

Union Agriculture and Farmers Welfare Minister Shivraj Singh Chouhan will take part in a programme at Raisen in Madhya Pradesh to mark the release of this instalment. The release says a large number of farmers from the region are expected to attend.

What is the Agriculture Infrastructure Fund

The Agriculture Infrastructure Fund (AIF) promotes investment in warehouses, cold storage, primary processing centres and other farm infrastructure. According to the release, more than 2.28 lakh projects have been funded under it with about Rs 1.75 lakh crore of investment. This is expected to strengthen storage and processing capacity, reduce post-harvest losses and help farmers get better returns for their produce.

What to do next

Farmers who believe they are on the scheme’s list but have not received money can check their bank account details and their status in the scheme at their local agriculture office. The release does not give a separate helpline number or date for complaints.