IndiaPM-KISAN 24th instalment transfers over ₹18,690 crore to 9.34 crore farmers
The latest DBT takes cumulative PM-KISAN disbursements beyond ₹4.64 lakh crore; eligible farmer families receive ₹6,000 a year in three instalments.
THE INDIQA Research DeskPublished 30 Oct 2026Updated 31 Oct 20262 min read
The 24th instalment of PM-KISAN transferred more than ₹18,690 crore directly to over 9.34 crore eligible farmer families. With this payment, cumulative transfers under the scheme have crossed ₹4.64 lakh crore. PM-KISAN provides ₹6,000 a year in three instalments to eligible farmer families through direct benefit transfer.
The scheme illustrates the administrative strengths of DBT: a nationally standardised entitlement can be credited directly to verified beneficiary accounts while reducing layers of payment intermediation. At the same time, income support cannot by itself address crop-price volatility, irrigation gaps, farm-size constraints, input costs or climate risk.
For civil-services preparation, PM-KISAN should be distinguished from crop insurance and procurement. It is an income-support instrument. Its policy value should therefore be assessed alongside beneficiary identification, land-record quality, exclusion risks, fiscal cost and the broader package of agricultural productivity and risk-management measures.
CIVIL SERVICES VIEWStudy this development
GS IIIAgricultural support, farm incomes and direct benefit transfersPrelims: HighMains: HighModerate
Why this matters
The latest DBT takes cumulative PM-KISAN disbursements beyond ₹4.64 lakh crore; eligible farmer families receive ₹6,000 a year in three instalments.
Key facts
- The 24th instalment transferred more than ₹18,690 crore to over 9.34 crore eligible farmers.
Background and concepts
Verified for the 30 October 2026 edition.
Arguments, challenges and policy responses
- Implementation and institutional capacity
- Evidence, equity and policy trade-offs
India’s context
Relevant to India and the civil-services syllabus.
Keep in mind
PM-KISAN is income support, not crop insurance or a procurement scheme.
Practice question
Assess the strengths and limits of direct income support as an instrument of agricultural welfare.
Revision summary
- The latest DBT takes cumulative PM-KISAN disbursements beyond ₹4.64 lakh crore; eligible farmer families receive ₹6,000 a year in three instalments.
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