Cabinet OKs ₹3.15 lakh crore for PM-KISAN, aiding 9.49 crore farmers till 2030
GS3Economy · S&T · Environment · Security· MSP, procurement, PDS & food security· Prelims + Mains·
Why in news
The Union Cabinet approved a ₹3.15 lakh crore outlay for the PM-KISAN scheme until 2030 to provide direct income support to farmers.
Background
The PM-KISAN scheme provides ₹6,000 annually to farmers. Since February 2019, over ₹4.47 lakh crore has been transferred across 23 instalments, benefiting 9.49 crore farmers.
Facts for Prelims
- SchemePM-KISAN: Provides ₹6,000 per year in three equal instalments to eligible farmer families.
- FactTotal outlay approved for the period 2026–27 to 2030–31 is ₹3.15 lakh crore.
- FactWomen farmers constitute nearly 25% of the beneficiaries under the PM-KISAN scheme.
For Mains
Q. Discuss how direct benefit transfer (DBT) schemes like PM-KISAN contribute to rural livelihood security and agricultural investment in India.
Dimensions to cover in your answer
- Direct income support vs. infrastructure investment
- Role of DBT in reducing leakages
- Empowerment of women in agriculture
Keywords: Direct Benefit Transfer · Rural Livelihood · Agricultural Investment · Financial Inclusion
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