PM-KISAN 23rd Instalment Released from Tarakeswar, West Bengal
Prime Minister will release the 23rd instalment of the PM-KISAN scheme, providing financial support directly to eligible farmers across India.
Source: GNews PM SchemeThe Prime Minister will release the 23rd instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme on June 20, 2026. This event will take place from Tarakeswar, Hooghly district, West Bengal. Under the PM-KISAN scheme, eligible farmer families receive financial assistance of Rs 6,000 per year. This amount is paid in three equal instalments of Rs 2,000 every four months. The funds are directly transferred to the bank accounts of the beneficiaries through Direct Benefit Transfer (DBT). This initiative aims to supplement the financial needs of small and marginal farmers across the country. The release of this instalment will benefit millions of farmers, providing crucial support for their agricultural and domestic needs.
This news is important for competitive exams as PM-KISAN is a flagship central sector scheme. Aspirants should know its objectives, financial provisions, and implementation details for UPSC GS Paper II (Government Policies & Interventions) and SSC/Banking General Awareness. Understanding such schemes is crucial for questions on social welfare and agricultural policy.
- The 23rd instalment of PM-KISAN will be released on June 20, 2026.
- The release event will be held in Tarakeswar, Hooghly, West Bengal.
- PM-KISAN provides Rs 6,000 annually to eligible farmer families.
- The annual amount is disbursed in three instalments of Rs 2,000 each.
- Funds are transferred directly to beneficiaries' bank accounts via DBT.
- The scheme was launched in February 2019.
Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) is a Central Sector Scheme launched by the Government of India. It aims to provide income support to all landholding farmer families across the country to supplement their financial needs for procuring various inputs related to agriculture and allied activities as well as domestic needs. The scheme provides Rs 6,000 per year in three equal instalments.
Direct Benefit Transfer (DBT) is a system in India where subsidies and welfare payments are transferred directly to the bank accounts of beneficiaries. This system aims to reduce leakages, delays, and corruption in the delivery of government benefits. DBT uses Aadhaar and bank accounts to ensure that funds reach the intended recipients efficiently.
A Central Sector Scheme is a scheme that is 100% funded by the Central Government and implemented by the Central Government machinery. These schemes are formulated on subjects from the Union List and are designed to address national priorities or specific issues across the country. PM-KISAN is an example of a Central Sector Scheme.
Exams frequently ask about the launch year, financial outlay, beneficiary criteria, and the mode of transfer (DBT) for major government schemes like PM-KISAN. Be prepared for questions on its impact on farmers' income.
Remember 'KISAN' as 'K' for 'Kisan' (farmer), 'I' for 'Income', 'S' for 'Samman' (respect), 'A' for 'Assistance', 'N' for 'Nidhi' (fund).
Frequently Asked Questions
What is the main objective of the PM-KISAN scheme?
The main objective of the PM-KISAN scheme is to provide income support to all landholding farmer families across India. This financial assistance helps them meet expenses related to agriculture and allied activities, as well as their domestic needs, thereby improving their overall livelihood.
How much financial assistance do farmers receive under PM-KISAN annually?
Under the PM-KISAN scheme, eligible farmer families receive a total financial assistance of Rs 6,000 per year. This amount is disbursed in three equal instalments of Rs 2,000 each, typically every four months, directly into their bank accounts.
When was the PM-KISAN scheme launched and who is eligible?
The PM-KISAN scheme was launched on February 24, 2019. Initially, it covered small and marginal farmers with landholding up to 2 hectares. However, it was later expanded to include all landholding farmer families in the country, subject to certain exclusion criteria.