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Centre extends PM-Kisan for four more years, allocates ₹3.15 lakh crore

The Centre extended the PM-Kisan (Pradhan Mantri Kisan Samman Nidhi) scheme for four more years with an allocation of ₹3.15 lakh crore. Launched in February 2019, the scheme has already transferred more than ₹4.47 lakh crore directly into farmers’ bank accounts across 23 instalments. The extension continues direct income support to eligible landholding farmers.

Nabka Insight

The extension, outlay and launch year of a flagship farmer-income scheme are frequently examined.

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Key facts

  • Extended for four more years; allocation ₹3.15 lakh crore.
  • Scheme launched in February 2019.
  • Over ₹4.47 lakh crore transferred so far.
  • Disbursed across 23 instalments via Direct Benefit Transfer.

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