Very ImportantSchemes

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

The Centre extended the PM-Kisan scheme for four more years with an allocation of ₹3.15 lakh crore. The Government said that since the scheme was launched in February 2019, more than ₹4.47 lakh crore has been transferred directly into farmers’ bank accounts through 23 instalments, making it one of the largest direct income-support programmes for farmers.

Nabka Insight

Flagship farmer income-support scheme extended with a fresh multi-year allocation.

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Key facts

  • Extended for four more years; allocation ₹3.15 lakh crore
  • Launched February 2019
  • Over ₹4.47 lakh crore transferred via 23 instalments to date

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