With reference to the PM-KISAN scheme's 24th instalment, consider the following statements: 1. A total of ₹18,690 crore was distributed to over 10 crore farmers. 2. The 24th instalment was released from Banaskantha, Gujarat. 3. Odisha received a total of ₹3,000 crore for 35.38 lakh farmers. Which of the statements given above is/are correct?

Modi releases ₹18,690 crore for 9.34-cr farmers via PM-KISAN scheme

GS3Economy · S&T · Environment · Security· MSP, procurement, PDS & food security· Prelims· 30 October 2026

DBT and income support in agriculture: a key GS3 topic regarding financial inclusion and welfare efficacy.

Why in news

Prime Minister Narendra Modi released the 24th instalment of the PM-KISAN scheme, transferring ₹18,690 crore to over 9.34 crore farmers via direct benefit transfer.

Background

The PM-KISAN scheme released its 24th instalment on October 30, 2026, from Banaskantha, Gujarat. A total of ₹18,690 crore was distributed to 9.34 crore farmers, with Odisha receiving ₹3,000 crore for 35.38 lakh farmers.

Facts for Prelims

FactThe 24th instalment of PM-KISAN was released on October 30, 2026.
FactOdisha received ₹3,000 crore for 35.38 lakh farmers in the 24th instalment.
PlaceBanaskantha, Gujarat: The location from which the 24th instalment was released.

Prelims practice question

With reference to the PM-KISAN scheme's 24th instalment, consider the following statements:

A total of ₹18,690 crore was distributed to over 10 crore farmers.
The 24th instalment was released from Banaskantha, Gujarat.
Odisha received a total of ₹3,000 crore for 35.38 lakh farmers.

Which of the statements given above is/are correct?

(a)1 only
(b)2 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 the amount was distributed to 9.34 crore farmers.

For Mains

Q. Examine the role of Direct Benefit Transfer (DBT) mechanisms in enhancing the efficacy of agricultural welfare schemes in India.

Dimensions to cover in your answer

Leakage reduction: Minimizing intermediary interference through direct electronic transfers to verified farmer accounts
Fiscal reach: Ensuring timely liquidity for small and marginal farmers to meet seasonal input costs

Keywords: Direct Benefit Transfer · Income Support · Agricultural Welfare · Financial Inclusion · PM-KISAN

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

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