Government Schemes and Policy · 3 August 2026

Union Cabinet Approves Continuation of PM-KISAN Scheme Till 2030-31 with ₹3.15 Lakh Crore Outlay

Exam-focused facts from the 3 August 2026 current affairs briefing.

Key facts

  • The Union Cabinet approved the continuation of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme from 2026-27 to 2030-31.
  • The scheme has a financial outlay of ₹3.15 lakh crore for the extended period.
  • Under PM-KISAN, eligible landholding farmer families receive ₹6,000 per year in three equal instalments through Direct Benefit Transfer.
  • More than 9.49 crore farmers benefited from the 23rd instalment of the scheme, receiving over ₹18,984 crore.
  • Women farmers have received over ₹1.06 lakh crore under PM-KISAN, with nearly one in four beneficiaries being a woman farmer.