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analysisIBEFMonday, 3 August 2026NEW

Cabinet approves continuation of the PM-KISAN Scheme from 2026-27 to 2030-31 with a Financial Outlay of US$ 33 billion

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Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
The Union Cabinet has approved the continuation of the PM-KISAN Scheme from 2026-27 to 2030-31 with a financial outlay of US$ 33 billion to strengthen farmers' incomes, agricultural investment and rural prosperity.
Key Facts
TypeAnalysis
SourceIndia Brand Equity Foundation
PublishedMonday, 3 August 2026
Affected Population~150 million farming households, 42% of workforce
Key Numbers
Agri budget: Rs 1.52 lakh crore (2025-26)
MSP for 23 crops
PM-KISAN: Rs 6,000/year to 9 crore farmers
PM-JAY: 55 crore beneficiaries
Key Authorities
Ministry of Agriculture & Farmers WelfareICARFCIMinistry of Social Justice & EmpowermentNITI Aayog
Key Stakeholders
FarmersFPOsAgri-Input IndustryBPL FamiliesSenior CitizensPersons with Disabilities
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Impact Assessment
9/10
Impact Score
Beneficiaries9.5 crore farmer families
Budget AllocationRs 60K Crore
CoverageAll states and UTs
Implementation StatusOperational
95% implemented
Key Outcomes
  • Rs 6,000/year direct transfer to farmer families in 3 instalments
  • 18 instalments disbursed as of 2026
  • Total disbursement exceeds Rs 3 lakh crore since launch
Challenges
  • Exclusion errors in land records
  • Delayed KYC verification in some states
SDG Alignment
1No Poverty2Zero Hunger
Explore Sectors
Agriculture83 tracked→Social Protection1080 tracked→Digital & Technology1215 tracked→
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