PM Modi to release ₹18,880 crore PM-KISAN 23rd instalment for 9.44 crore farmers

Share:
Audio Loading voice…
PM Modi to release ₹18,880 crore PM-KISAN 23rd instalment for 9.44 crore farmers

Synopsis

On Saturday, Modi will transfer ₹18,880 crore to 9.44 crore farmers in a single click from Hooghly — the 23rd PM-KISAN instalment that pushes total payouts past ₹4.46 lakh crore. The event doubles as a multi-scheme launch for West Bengal, covering crop insurance, AgriStack, natural farming, and PMDDKY, making it the Centre's most concentrated agricultural push in the state in years.

Key Takeaways

PM Modi will release over ₹18,880 crore as the 23rd PM-KISAN instalment on Saturday at Tarakeswar, Hooghly , West Bengal.
9.44 crore farmers will receive the funds, including over 2.18 crore women farmers .
Cumulative PM-KISAN disbursement will cross ₹4.46 lakh crore since the scheme launched on 24 February 2019 .
West Bengal will receive over ₹907.21 crore in this instalment, taking the state's total past ₹15,055 crore .
Modi will also launch PMFBY , AgriStack , the National Mission on Natural Farming , and PMDDKY in West Bengal at the same event.
Crop insurance under PMFBY will cover nearly 1.10 crore farmers across 30 lakh hectares in 2026–27 , with a premium subsidy of ₹777 crore .

Prime Minister Narendra Modi will on Saturday transfer over ₹18,880 crore directly into the bank accounts of more than 9.44 crore farmers nationwide as the 23rd instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme. The disbursement will take place at a formal function in Tarakeswar, Hooghly district, West Bengal, organised by the Union Ministry of Agriculture with support from the Government of West Bengal, according to an official statement issued on Thursday.

Scale of the 23rd Instalment

Among the 9.44 crore beneficiaries, over 2.18 crore are women farmers. With this release, the total cumulative disbursement under PM-KISAN since its inception on 24 February 2019 will surpass ₹4.46 lakh crore. West Bengal alone will receive over ₹907.21 crore, benefiting more than 45.35 lakh farmers in the state, pushing the state's cumulative total beyond ₹15,055 crore.

More than 1 crore farmers are expected to join the main event via video conferencing, connecting through Krishi Vigyan Kendras (KVKs), ICAR Institutes, universities, Farmer Producer Organisations, Agriculture Mandis, PM Kisan Samriddhi Kendras, Primary Agricultural Cooperative Societies, and village-level functions. The day will be observed as 'PM-KISAN Utsav Diwas', with special awareness events at state, district, block, and gram panchayat levels.

Crop Insurance Extended to West Bengal

Alongside the instalment release, Modi will formally launch the Pradhan Mantri Fasal Bima Yojana (PMFBY) and the Restructured Weather Based Crop Insurance Scheme (RWBCIS) in West Bengal, extending what officials describe as the world's largest crop insurance scheme to the state's farmers. For 2026–27, the initiative aims to cover nearly 1.10 crore farmers across approximately 30 lakh hectares, protecting crops with an estimated insured value of ₹28,140 crore. The central and state governments will jointly provide premium subsidies of approximately ₹777 crore to keep the cost burden on farmers low.

Digital Agriculture and AgriStack Launch

As part of the Digital Agriculture Mission, the Prime Minister will launch AgriStack in West Bengal — a unified digital platform designed to streamline verified agricultural services including fertiliser distribution, Kisan Credit Cards, Direct Benefit Transfers, and procurement under the Minimum Support Price (MSP) system. The platform is intended to strengthen digital governance in agriculture and improve delivery of farmer-facing services.

Natural Farming and PMDDKY Rollout

Modi will also launch the National Mission on Natural Farming in West Bengal, aimed at promoting sustainable, chemical-free agriculture rooted in traditional Indian practices. Under the approved Annual Action Plan for 2026–27, the state will establish 346 natural farming clusters covering 17,300 hectares, benefiting 43,250 farmers, while setting up Bio-Input Resource Centres and mobilising Krishi Sakhis.

In a further push for integrated rural development, the Prime Minister will initiate the Pradhan Mantri Dhan-Dhaanya Krishi Yojana (PMDDKY) in West Bengal, covering the districts of Purulia, Darjeeling, Alipurduar, and Jhargram. The scheme focuses on improving agricultural productivity, crop diversification, post-harvest infrastructure, irrigation, and access to institutional credit, converging multiple central and state schemes for holistic rural development.

Saturday's event in Hooghly marks one of the most comprehensive single-day rollouts of central agricultural schemes in West Bengal, with the state set to receive a significant share of both financial transfers and new programme launches ahead of the kharif season.

Point of View

AgriStack, natural farming, and PMDDKY in a single event amplifies the optics of Centre-led agricultural outreach in opposition territory. Yet the deeper question is delivery: PM-KISAN's per-farmer transfer of ₹6,000 a year has not kept pace with input cost inflation, and the scheme's exclusion of tenant farmers and sharecroppers — a significant share of Bengal's agrarian workforce — remains unaddressed. The ₹4.46 lakh crore headline is real, but the gap between transfer and transformation in farm incomes is where the scheme's legacy will ultimately be judged.
NationPress
8 Aug 2026

Frequently Asked Questions

What is the PM-KISAN 23rd instalment and when will it be released?
The 23rd instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme involves a transfer of over ₹18,880 crore to more than 9.44 crore farmers across India. PM Modi will release it on Saturday at a function in Tarakeswar, Hooghly district, West Bengal.
How much will West Bengal receive under the 23rd PM-KISAN instalment?
West Bengal will receive over ₹907.21 crore benefiting more than 45.35 lakh farmers, according to official figures. This will push the state's cumulative PM-KISAN disbursement past ₹15,055 crore since the scheme's launch in 2019.
What other schemes will PM Modi launch at the Hooghly event?
Alongside the PM-KISAN instalment, Modi will launch the Pradhan Mantri Fasal Bima Yojana (PMFBY) and RWBCIS crop insurance, AgriStack under the Digital Agriculture Mission, the National Mission on Natural Farming, and the Pradhan Mantri Dhan-Dhaanya Krishi Yojana (PMDDKY) in West Bengal.
What is AgriStack and how will it benefit farmers?
AgriStack is a unified digital platform being launched in West Bengal as part of the Digital Agriculture Mission. It will integrate verified services including fertiliser distribution, Kisan Credit Cards, Direct Benefit Transfers, and MSP procurement into a single digital interface to improve governance and service delivery for farmers.
How much has been disbursed under PM-KISAN since its launch?
With the 23rd instalment, total disbursements under PM-KISAN will exceed ₹4.46 lakh crore since the scheme's inception on 24 February 2019. The scheme provides ₹6,000 annually in three equal instalments directly to eligible farmer families.
Nation Press
The Trail

Connected Dots

Tracing the thread behind this story — newest first.

8 Dots
  1. Latest 1 month ago
  2. 1 month ago
  3. 1 month ago
  4. 1 month ago
  5. 1 month ago
  6. 4 months ago
  7. 8 months ago
  8. 1 year ago
Google Prefer NP
On Google