With reference to the PM-KISAN scheme and its recent instalment release, consider the following statements: 1. The instalment will benefit exactly 5.34 crore farmers in Gujarat. 2. The total amount allocated for the 24th instalment is ₹18,690 crore. 3. The 24th instalment of the scheme is scheduled for release on October 30, 2026. Which of the statements given above is/are correct?

Modi to release ₹18,690 crore for 9.34 crore farmers in Banaskantha

GS3Economy · S&T · Environment · Security· MSP, procurement, PDS & food security· Prelims· 29 October 2026

Direct Benefit Transfer (DBT) and agricultural infrastructure: a GS3 and rural development case study.

Why in news

Prime Minister Narendra Modi is set to release the 24th instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) in Banaskantha, Gujarat.

Background

The Union Agriculture Ministry announced a release of over ₹18,690 crore to benefit more than 9.34 crore farmers. The event includes the inauguration of 521 units and 12 horticulture clusters to modernize infrastructure and promote crop diversification.

Facts for Prelims

Fact24th instalment of PM-KISAN to be released on October 30, 2026.
FactTotal amount for the 24th instalment: ₹18,690 crore.
FactNumber of beneficiaries for this instalment: over 9.34 crore farmers.
PlaceBanaskantha, Gujarat: Location of the PM-KISAN instalment release.

Prelims practice question

With reference to the PM-KISAN scheme and its recent instalment release, consider the following statements:

The instalment will benefit exactly 5.34 crore farmers in Gujarat.
The total amount allocated for the 24th instalment is ₹18,690 crore.
The 24th instalment of the scheme is scheduled for release on October 30, 2026.

Which of the statements given above is/are correct?

(a)2 only
(b)3 only
(c)1 and 3 only
(d)2 and 3 only

Show answer

Answer: (d) 2 and 3 only — Statements 2 and 3 are correct. Statement 1 is incorrect: The note states it will benefit over 9.34 crore farmers.

For Mains

Q. Discuss how direct income support schemes like PM-KISAN contribute to the economic stability of small and marginal farmers in India.

Dimensions to cover in your answer

Income floor: Providing liquidity for essential inputs and reducing debt-trap risks for marginal farmers
Infrastructure gap: Need for integrated horticulture clusters to reduce post-harvest losses and enhance value addition

Keywords: Direct Benefit Transfer · Crop Diversification · Agricultural Infrastructure · Income Support · Rural Prosperity

Read the full news →Report a mistake in this note How notes are made Source: The Hindu ↗Also: GS3 · Growth, inflation & macro indicators Also: GS2 · Government policies & schemes

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