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PM Modi releases 23rd PM-KISAN instalment of Rs 18,880 crore to 9.44 crore farmers

Saturday, 20 June 2026· 5 min read·Source: Press Information Bureau

On June 20, 2026, Prime Minister Narendra Modi released the 23rd instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme from Tarakeswar in Hooghly district, West Bengal. More than ₹18,880 crore was transferred directly into the bank accounts of over 9.44 crore farmers across the country through Direct Benefit Transfer (DBT), including more than 2.18 crore women beneficiaries. Under PM-KISAN, eligible farmer families receive ₹6,000 a year in three equal instalments of ₹2,000 each. The release was accompanied by the launch of several development projects in the state.

Key Facts & Details

8 points

1
The 23rd PM-KISAN instalment was released on June 20, 2026 from Tarakeswar, Hooghly (West Bengal).
2
Over ₹18,880 crore was transferred to more than 9.44 crore farmers via Direct Benefit Transfer (DBT).
3
More than 2.18 crore women farmers were among the beneficiaries.
4
PM-KISAN gives eligible farmer families ₹6,000 per year in three ₹2,000 instalments.
5
The disbursal coincided with the launch of development projects in West Bengal.

Deep Dive

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PM-KISAN is a Central Sector Scheme, fully funded by the Union government.
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It is implemented by the Ministry of Agriculture and Farmers' Welfare.
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Aadhaar-linked DBT is used to credit money directly, cutting out intermediaries.

Exam Focus

How much was transferred and to how many farmers under the 23rd PM-KISAN instalment in June 2026?

Exam Relevance & Angle

Flagship government schemes with specific figures — instalment number, outlay, beneficiary count — are among the most frequently asked current-affairs items across banking, SSC and railway exams, making PM-KISAN data essential revision material.

Target Exams

SBI POSBI ClerkIBPS POIBPS ClerkIBPS RRB OfficerIBPS RRB AssistantRBI Grade BNABARD Grade ASSC CGLSSC CHSLRRB NTPCRRB Group DLIC AAOUPSC CSEState PCS

Background & Context

Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) was launched in 2019 as a Central Sector Scheme fully funded by the Government of India and implemented by the Ministry of Agriculture and Farmers' Welfare. It provides income support of ₹6,000 per year to eligible landholding farmer families, paid in three equal four-monthly instalments of ₹2,000 directly into bank accounts via Direct Benefit Transfer (DBT), with Aadhaar seeding and e-KYC used to verify beneficiaries. The scheme is one of the world's largest DBT programmes for farmers and is a recurring vehicle for the government to demonstrate rural welfare delivery.