Good news may be on the horizon for farmers under the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) Yojana. As the Union Budget 2026-27 is being prepared, there are indications that the financial support per farmer could increase from ₹6,000 to ₹9,000 annually.
1. About PM Kisan Yojana
· Launched by the Central Government, this scheme provides income support to small and marginal farmers.
· Farmers receive three installments of ₹2,000 each annually, totaling ₹6,000 per year.
· The scheme aims to supplement farmers’ income and support agricultural expenditure.
2. Budget 2026-27 and Possible Increase
· The Ministry of Finance (MoF), along with NITI Aayog, state governments, and sectoral experts, is preparing the budget.
· Reports suggest that installments may be increased from ₹6,000 to ₹9,000, giving farmers ₹3,000 per installment.
· The final decision will be announced in the Union Budget presentation in february 2026.
3. How Farmers Receive the Installments
· Funds are directly transferred to farmers’ bank accounts under the DBT (Direct Benefit Transfer) system.
· To receive the installments, farmers must have:
o Valid Aadhaar-linked bank account
o Updated PM-Kisan registration
o Proper landholding details submitted to local authorities
4. Benefits of Increased Installments
· Provides more financial support for seeds, fertilizers, and farming equipment.
· Helps mitigate the impact of unpredictable weather and crop loss.
· Improves overall economic stability for small and marginal farmers.
5. Important Notes for Farmers
· Ensure your PM-Kisan registration is active and bank details are updated.
· Keep track of government notifications regarding installment updates.
· Contact local agriculture offices if you face issues with payments.
Conclusion:
The upcoming Union Budget 2026-27 may bring a significant boost to PM-Kisan Yojana, increasing annual support from ₹6,000 to ₹9,000 per farmer. This could provide much-needed relief and financial stability for millions of small and marginal farmers across India.
Disclaimer:
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