India TV

PM-KISAN scheme extended for 5 years, total outlay stands at over Rs 3.15 lakh crore

In good news for millions of farmers across the country, the Union Cabinet on Friday approved the extension of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)scheme for the next five years till the 2030-31 fiscal year with an outlay of Rs 3,15,614 crore. This scheme will now be in effect from the financial years 2026-27 to 2030-31. Briefing the media, Information & Broadcasting Minister Ashwini Vaishnaw said the Cabinet has proposed a budget of over Rs 3.15 lakh crore for this scheme, ensuring eligible farmers continue to receive financial assistance as before.