PM-KISAN 24th instalment: Rs 18,690 crore paid

Editor's note: Our 30 October edition flagged that the PM-KISAN 24th instalment was due that day. This report confirms the release and the official figures.

The PM-KISAN 24th instalment was released by Prime Minister Narendra Modi at Banaskantha, Gujarat, on 30 October 2026, sending more than Rs 18,690 crore directly to the bank accounts of over 9.34 crore farmers, according to a PIB backgrounder and the Rajasthan government’s information department.

PM-KISAN 24th instalment: Chief Minister Bhajan Lal Sharma joins the programme by video conference as Prime Minister Narendra Modi speaks — Chief Minister Bhajan Lal Sharma joins the programme by video conference as Prime Minister Narendra Modi speaks Photo: DIPR Rajasthan (official handout, free to use with credit).

How the PM-KISAN 24th instalment was paid

The money was transferred through the Direct Benefit Transfer (DBT) system, which PIB says ensures transparency and removes intermediaries. Under the Pradhan Mantri Kisan Samman Nidhi, each eligible landholding farmer family gets Rs 6,000 a year in three equal instalments of Rs 2,000, paid into Aadhaar-seeded bank accounts. The scheme was launched on 24 February 2019. PIB says more than Rs 4.64 lakh crore has now been paid to farmer families across 24 instalments. Benefits reach farmers only after their land records are seeded on the PM-KISAN portal, their bank accounts are linked to Aadhaar and their e-KYC is complete, so farmers who did not get the money should check these three steps on the official portal. PIB says state governments identify eligible farmers and upload their details; the system validates Aadhaar and bank details, PFMS verifies accounts, and payments are routed through sponsor banks and NPCI. Beneficiary lists are displayed at village level so that farmers left out can seek inclusion through grievance channels.

Key Facts

Instalment: 24th, released 30 October 2026
Amount: over Rs 18,690 crore
Farmers covered: over 9.34 crore
Benefit: Rs 6,000 a year in three Rs 2,000 instalments
Total paid so far: over Rs 4.64 lakh crore (PIB)

Kisan Samman Nidhi to run until 2030-31

PIB says the Union Cabinet approved continuing the scheme from 2026-27 to 2030-31 in July 2026, with a total outlay of Rs 3.15 lakh crore for that period. The Union Budget 2026-27 has set aside Rs 60,000 crore for PM-KISAN. The release was part of a programme in Banaskantha where the Prime Minister also inaugurated, dedicated and laid the foundation stones of development projects, on the first day of a two-day Gujarat visit linked to Sardar Vallabhbhai Patel’s 151st birth anniversary on 31 October.

Officials at the Chief Minister's residence in Jaipur follow the PM-KISAN programme Photo: DIPR Rajasthan (official handout, free to use with credit).

What the Prime Minister said at Banaskantha

According to the DIPR Rajasthan release, the Prime Minister said the agriculture budget has grown more than five times compared with 2013-14, and that 12 lakh solar pumps have been given to farmers under PM-KUSUM, saving more than 80 crore litres of diesel. He said more than 26 crore soil health cards have been issued and 3,000 new seed varieties suited to changing weather have been made available. Rajasthan Chief Minister Bhajan Lal Sharma joined the event by video conference from the Chief Minister’s residence in Jaipur, the release said. The figures quoted in this section are the Prime Minister’s, as reported in the official releases. He also said Rs 24 lakh crore had been paid to wheat and paddy farmers under MSP and Rs 2 lakh crore given as crop insurance compensation.

Why It Matters: PM-KISAN is one of the largest direct cash transfer schemes for farmers; checking land records, Aadhaar linking and e-KYC is the key to receiving each instalment.

Source: PIB: 24th Instalment of PM-KISAN · DIPR Rajasthan release · PIB: PM in Banaskantha · PM-KISAN portal