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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe central government allocated 63,500 crores
of rupees to the program Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) Yojana
for expenses for fiscal year 2026-27.
PM-Kisan is a central government program
designed to support all landowning farming families in
across the country. The government increased the benefit under the program
Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) at 63,500 crore rupees
for fiscal year 2026, an increase of 5.8% compared to 60,000
Crores of rupees budgeted in 2024-2025 allocated to farming families
eligible. This program is
a central initiative to support all farming families
landowners in the country. The aid is granted without age limit,
thus ensuring that small-scale farmers and marginal farmers
can benefit from it.
The draft Union budget for 2025 should
stimulate income and consumption in rural areas, which has slowed the
growth of the economy as a whole.
Under the PM-KISAN program, 6,000
rupees are paid directly into the account of the beneficiaries every year,
in three equal payments every four months.
The budget allocated to the Kisan Samman Nidhi program,
which provides financial assistance to farmers, has been maintained at
63,500 crore rupees, as in the previous budget. The budget
devoted to agricultural research and education has meanwhile declined by
4.8%, up from Rs 10,466.39 crore in the previous year
to 9,967.4 crore rupees.
Ms Sitharaman announced a support of 350 crore rupees for agriculture with high added value, especially for coconut, cashew, sandalwood and other nuts.
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