Prime Minister Shri Narendra Modi will release the 24th instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) on 30 October 2026 at Banaskantha, Gujarat. According to the Ministry of Agriculture and Farmers Welfare, the instalment will transfer more than ₹18,690 crore directly to the bank accounts of over 9.34 crore farmers across the country.
During the programme, the Prime Minister will also dedicate 521 units developed under the Agriculture Infrastructure Fund to strengthen agricultural storage and processing, and inaugurate 12 horticulture clusters to promote high-value horticultural crops. Union Agriculture Minister Shri Shivraj Singh Chouhan will join the event at Raisen, Madhya Pradesh.
The release stated that the PM-KISAN scheme provides income support to eligible farmer families through Direct Benefit Transfer to help meet agricultural and household expenses. Through the first 23 instalments, more than ₹4.47 lakh crore has already been disbursed.
What it means
- Over 9.34 crore farmers will receive more than ₹18,690 crore through Direct Benefit Transfer.
- 521 units developed under the Agriculture Infrastructure Fund will be dedicated to the nation.
Source
Press Information Bureau, Government of India, “Prime Minister Shri Narendra Modi to Release 24th Instalment of PM-KISAN tomorrow at Banaskantha, Gujarat”. Read the original release.
Summary of an official release for general information only. Not investment advice. Read the original source before acting on any information.
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