💹 Economy & FinanceMAINS · GS3.4 · GS2.10

PM-KISAN extended to 2031 with ₹3.15 lakh crore

The Cabinet approved continuing the Pradhan Mantri Kisan Samman Nidhi from 2026-27 to 2030-31 with a ₹3.15-lakh-crore outlay — the ₹6,000-a-year income-support transfer that has already moved over ₹4.47 lakh crore to farmers across 23 instalments.

What happened

For Prelims

For UPSC: A core agriculture-and-welfare item. Use it for direct income support versus input subsidies, DBT and leakage reduction, the exclusion of tenant and landless farmers, and the fiscal arithmetic of farm welfare.
What it is NOT: This is continuation of an existing income-support scheme at the same ₹6,000 annual benefit — not an increase in the per-farmer amount or a new scheme.

For Mains

Syllabus: GS3.4 · GS2.10 · Linkage L2

Anchor
A predictable income floor for the farm household, extended for another five years.
Substantiation (data)
₹3.15 lakh crore for 2026-31; ₹6,000 a year in three instalments; over ₹4.47 lakh crore already transferred across 23 instalments.
Exemplification
Aadhaar authentication, e-KYC and DBT made PM-KISAN a template for leak-resistant welfare transfer.
Problematisation
The landholding criterion leaves out tenant farmers and landless labourers, and a flat ₹6,000 has eroded in real terms since 2019.
Way-forward
Explore inclusion of tenants via land-record and Agri Stack reform, and periodically index the transfer to inflation.
Position
Direct income support is efficient and dignity-preserving — but it must reach the cultivator, not only the landowner.
Deploys into: Agriculture + government policies (GS3.4, GS2.10) · direct income support versus subsidies, DBT and Aadhaar-based delivery, and the tenant-farmer exclusion problem.
Ministry of Agriculture & Farmers Welfare · 2026-07-31 · PRID 2292437 · PIB source ↗
Related: Economy & Finance · this week's cards · Agriculture & farm welfare