More than 9.34 crore farmers across India woke up on Friday, 30 October 2026, to a direct credit in their bank accounts — ₹18,690.32 crore transferred in a single stroke under the PM Kisan Samman Nidhi scheme's 24th instalment. Madhya Pradesh Chief Minister Dr. Mohan Yadav welcomed the release with an effusive note of gratitude, channelling the thanks of the state's farming community toward Prime Minister Narendra Modi, who disbursed the funds at a programme held in Gujarat.

₹18,690 Crore Flows Directly to Farm Accounts

The 24th instalment marks another chapter in a scheme that has become one of the central government's most visible farmer-welfare instruments since its launch in February 2019. Under PM-KISAN, eligible landholding farmers receive ₹6,000 a year in three equal tranches, deposited straight into their accounts through the Direct Benefit Transfer mechanism — no middlemen, no leakage. A single event in Gujarat triggered credits across every corner of the country simultaneously.

Dr. Yadav posted on X: 'किसानों का सम्मान, डबल इंजन सरकार की प्राथमिकता' ('Honouring farmers is the priority of the double-engine government'), conveying heartfelt congratulations to all annadata ('provider of food') brothers and sisters in Madhya Pradesh.

Madhya Pradesh and the 'Double Engine' Frame

Madhya Pradesh carries one of India's largest farming populations, and the BJP-ruled state has consistently amplified central transfers as proof of what the party calls 'double engine governance' — the alignment between a BJP government at the Centre and a BJP government in the state. The framing argues that such alignment accelerates the reach and speed of welfare disbursements to beneficiaries on the ground.

For Dr. Yadav, each PM-KISAN release is a political as well as a policy moment: it lets him stand with farmers while crediting the national leadership, reinforcing a message of seamless Centre-state coordination that the party has used consistently since 2019.

Seven Years of Direct Support — and What Comes Next

Across 24 instalments since the scheme's inception, PM-KISAN has channelled lakhs of crores directly into rural India, making it one of the world's largest agricultural income-support programmes by beneficiary count. The 24th instalment at ₹18,690.32 crore sustains that scale.

Observers will now watch for two signals: whether Madhya Pradesh announces any state-level supplement to PM-KISAN support in its upcoming budget cycle, and when the 25th instalment is scheduled — a rhythm that has become as much a part of the agricultural calendar as sowing and harvest.

For millions of farmers, the deposit notification on their phones is the most direct proof that a policy exists. Today, that proof arrived — again.