New Delhi, Aug. 1 -- The government on Friday extended the PM-KISAN scheme for the next five years till 2030-31 with a total outlay of over Rs 3.15 lakh crore, a decision aimed at providing financial support to farmers.
Under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, launched in February 2019, eligible landholding farmer families get financial assistance of Rs 6,000 per year. The amount is transferred directly into their bank accounts in three equal instalments. Nearly 4.5 lakh crore have been disbursed so far under this scheme.
The Union Cabinet, chaired by Prime Minister Narendra Modi, approved continuation of the PM-KISAN scheme from 2026-27 to 2030-31, I&B Minister Ashwini Vaishnaw told reporters here.
A total financia...