Centre extends PM-Kisan for four more years, allocates ₹3.15 lakh crore
The Centre extended the PM-Kisan scheme for four more years, allocating ₹3.15 lakh crore. Launched in February 2019, the scheme has transferred more than ₹4.47 lakh crore directly into farmers' bank accounts through 23 instalments. It provides income support to eligible farmer families via direct bank transfer.
Nabka Insight
Extension of a flagship farmer-income scheme — allocation, launch year and instalment count are frequently asked.
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- Extended for four more years with a ₹3.15 lakh crore allocation.
- Launched in February 2019.
- Over ₹4.47 lakh crore transferred through 23 instalments so far.
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