Categories: News

PM Kisan 24th Installment: Over ₹18,680 Crore to 9.34 Crore Farmers on October 30

Key takeaways:
  • The 24th installment of PM Kisan is scheduled for release on October 30 by Prime Minister Narendra Modi.
  • Reported outlay for the release ranges from ₹18,680 crore (The Economic Times) to ₹18,690 crore or more (DD India).
  • More than 9.34 crore farmers are expected to benefit from the 24th installment, according to DD India.
  • Each eligible farmer family receives ₹2,000 per installment; PM Kisan pays ₹6,000 per year in three installments.

Prime Minister Narendra Modi is set to release the 24th installment of PM Kisan (Pradhan Mantri Kisan Samman Nidhi) on October 30, with media reports putting the outlay at between ₹18,680 crore and ₹18,690 crore, benefiting more than 9.34 crore farmers nationwide. Under this installment, each eligible farmer family is due ₹2,000, part of the scheme’s annual income support of ₹6,000.

What is the PM Kisan scheme?

PM Kisan Samman Nidhi is a central government income support scheme launched in December 2018. It provides ₹6,000 per year to eligible landholding farmer families, paid in three equal installments of ₹2,000 each and credited directly into bank accounts. The scheme is designed chiefly for small and marginal farmers and covers beneficiaries across all states and union territories. Funds move through a direct benefit transfer model, and farmers generally need an active bank account linked to their Aadhaar number, with e-KYC completed where required. Over the years, PM Kisan has become one of India’s largest farm-support payment programmes, with installments historically timed around the rabi and kharif seasons.

When is the 24th installment of PM Kisan being released?

Reports consistently point to October 30 as the release date. The Economic Times reported that PM Modi will release the funds on October 30, The Hindu reported the 24th installment ‘to be released today,’ and DD India reported the release for the same date. Reports do not consistently state the year: one outlet’s headline cited 30 October 2026, while others left the year unspecified. What is clear from the available reports is that the confirmed release date is October 30.

How much money is being released, and to how many farmers?

Reports varied slightly on the total sum:

OutletReported amountFarmers covered
The Economic Times₹18,680 croreNot stated
DD India₹18,690 crore-plusOver 9.34 crore
Jagran Josh₹2,000 per beneficiaryNot stated

DD India put the beneficiary count at more than 9.34 crore farmers, or 93.4 million, making this a single-day transfer of rare scale. One outlet framed the payment around the ‘final beneficiary’ receiving ₹2,000 on 30 October, though the reports do not explain what ‘final beneficiary’ means or how that category differs from regular registrants. The gap between ₹18,680 crore and ₹18,690 crore appears to reflect rounding or a figure revised upward before release; both totals describe the same October 30 event.

How much does each farmer receive under the 24th installment?

Each eligible farmer family receives ₹2,000 per installment. Across the year, PM Kisan pays ₹6,000 in three installments, so a family on the beneficiary list for all 24 installments would have received ₹48,000 cumulatively. The direct bank transfer design means the money reaches beneficiaries without intermediaries, which is the scheme’s core payment principle.

How can farmers check their PM Kisan status and eligibility?

Reports covering the 24th installment urged farmers to check their eligibility ahead of the release. Several routine checks can be done before October 30.

Check your beneficiary status

The official PM Kisan portal carries a beneficiary status option where a farmer can enter a registered mobile number, Aadhaar number, or bank account number to see whether their name is listed and which installments have been credited.

Check the PM Kisan Samman Nidhi list

State- and district-wise beneficiary lists are published through the scheme’s online services. Confirming your name against the current list is the quickest way to know whether you will receive the 24th installment.

Complete e-KYC and bank formalities

Payments can stall if e-KYC is pending, the bank account is inactive, or the name on the Aadhaar record does not match the bank account. These corrections are typically done through a Common Service Centre or the state agriculture department, and completing them before release day reduces the risk of delay.

What if the 24th installment is not credited?

If the ₹2,000 does not appear after October 30, start by checking the installment status on the official PM Kisan portal to see whether the payment was processed and why it might have been rejected. Common causes include an inactive bank account, an Aadhaar-bank name mismatch, or incomplete e-KYC. The payment can then be regularised through a Common Service Centre or the relevant state agriculture office. The current reports do not describe any special grievance process for this installment, so farmers would use the scheme’s standard status-check and complaint channels.

Why does the 24th installment matter?

With over 9.34 crore farmers expected to receive ₹2,000 each, the October 30 release represents a transfer of roughly ₹18,700 crore into rural farm households in a single day. For small and marginal farmers, timely credit supports input purchases ahead of the rabi season, and the scale of the transfer underscores how central direct cash support has become in Indian farm policy. The installment also marks the continuation of a scheme that has paid out three times a year since 2018.

Sources

  • PM Modi to release Rs 18,680 crore under PM-Kisan scheme on October 30 — The Economic Times
  • PM Kisan Nidhi Yojana 24th Installment Update:पीएम किसान की 24वीं किस्त,किसानों को मिला बड़ा तोहफा! — Jagran
  • 24th instalment of PM-Kisan to be released today — The Hindu
  • PM Kisan 24th Instalment Date Confirmed: Final Beneficiary Will Get ₹2,000 on 30 October 2026-Check Your Eligibility — Jagran Josh
  • PM Modi to Release ₹18,690 Crore+ to Over 9.34 Crore Farmers Under PM-KISAN on October 30 — DD India

Frequently Asked Questions

When will the 24th installment of PM Kisan be released?

Reports confirm October 30 as the release date, with Prime Minister Narendra Modi launching the funds. The Economic Times, The Hindu and DD India all reported an October 30 release. The year is not consistently specified; one outlet cited 2026 while others omitted it. Each eligible farmer family receives ₹2,000 under the installment.

How much money is PM Kisan releasing in the 24th installment?

The Economic Times reported ₹18,680 crore, while DD India reported ₹18,690 crore or more, to over 9.34 crore farmers. The small difference between the totals appears to reflect rounding or an upward revision. Both figures describe the same October 30 release event.

How much does PM Kisan pay each year?

PM Kisan provides ₹6,000 per year to eligible farmer families, paid in three equal installments of ₹2,000 each and credited directly to the beneficiary's bank account. A family on the list for all 24 installments would have received ₹48,000 cumulatively.

How can I check my PM Kisan eligibility or installment status?

On the official PM Kisan portal, use the beneficiary status option by entering your registered mobile number, Aadhaar number, or bank account number. You can also check the state- and village-wise PM Kisan Samman Nidhi beneficiary list. Completing e-KYC and keeping your bank account active helps avoid payment delays.

What should I do if the 24th installment is not credited to my account?

First check the installment status on the official PM Kisan portal and confirm whether e-KYC is pending. Common causes of non-credit include an inactive bank account or an Aadhaar-bank name mismatch. These can be corrected through a Common Service Centre or the state agriculture department.

Ananya Suresh

Ananya Suresh writes about movies, OTT releases, television, entertainment, celebrities and popular culture. She follows emerging trends and brings together the latest stories and developments from the entertainment world.

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