Cabinet extends PM-KISAN to FY31 with ₹3.16 lakh crore outlay

The Union Cabinet has extended PM-KISAN for five years through FY2030-31, allocating ₹3,15,614 crore. Eligible farmer families will continue to receive ₹6,000 annually in three direct-benefit instalments, underpinning rural purchasing power and demand for everyday consumer goods.

— Filed Fri, 31 Jul, 2026, 16:57 IST · Source The Hindu BusinessLine · Updated

Union Cabinet extended PM-KISAN through FY2030-31 with ₹3.15 lakh crore funding. The scheme provides eligible farmer families ₹6,000 annually via DBT, supporting rural household purchasing power relevant to consumer and retail demand.

Why this matters

No related recent PM-KISAN signals were provided. The five-year extension creates a continuity marker for rural household income and demand for everyday consumer goods.

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