Finance

PM-Kisan 20th Installment Released, ₹20,500 Crore Transferred to 9.7 Crore Farmers

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Prime Minister Narendra Modi today released the 20th installment of the Pradhan Mantri Kisan Samman Nidhi (PM-Kisan) scheme, transferring ₹20,500 crore directly into the bank accounts of nearly 9.7 crore eligible farmers across the country. Each beneficiary received ₹2,000 as part of the scheme’s quarterly payment cycle.

The disbursement event was held in Varanasi, where the Prime Minister also inaugurated development projects worth ₹2,200 crore. Uttar Pradesh accounts for about 2.3 crore beneficiaries, making it the state with the largest share of recipients.

Since its launch in February 2019, the PM-Kisan scheme has credited over ₹3.69 lakh crore to farmers through 19 previous installments. The annual financial support under the scheme amounts to ₹6,000 per farmer, paid in three equal installments.

Union Agriculture Minister Shivraj Singh Chouhan oversaw preparations for the nationwide release, with the event broadcast at more than 700 locations. Farmers, agricultural institutions, and Krishi Vigyan Kendras participated in the programme, which aimed to highlight the scheme’s role in supporting small and marginal farmers.

To receive benefits, farmers must have Aadhaar-linked bank accounts and complete eKYC verification through OTP, biometric, or face authentication. Officials have urged beneficiaries to check their payment status only via the official PM-Kisan portal by entering their Aadhaar or account number. Status updates are also sent via SMS once the amount is credited.

Farmers who have not received their payments are advised to verify their land records, ensure Aadhaar-bank mapping, and complete eKYC. They can also contact the Kisan Call Center at 1800-180-1551 for assistance.

The latest installment arrives at a crucial time, ahead of the Kharif sowing season, providing farmers with timely funds to cover input costs and prepare for the monsoon. Government officials stated that the scheme remains a key component of India’s rural support framework, offering direct financial assistance to strengthen the agricultural sector.

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