PM Kisan Yojana: Farmers May Get Higher Installments in Budget 2026-27

Kokila Chokkanathan
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 data-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:

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any agency, organization, employer, or company. All information provided is for general informational purposes only. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind, express or implied, about the completeness, reliability, or suitability of the information contained herein. Readers are advised to verify facts and seek professional advice where necessary. Any reliance placed on such information is strictly at the reader’s own risk.

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