Madhya Pradesh Chief Minister Dr. Mohan Yadav on Saturday, 20 June 2026 acknowledged the release of the 23rd instalment under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, noting that farmers across the country and the state had received direct cash transfers to their bank accounts.

Context

Prime Minister Narendra Modi disbursed the funds from Hooghly, West Bengal, transferring more than ₹18,880 crore to the bank accounts of over 9.44 crore beneficiary farmers nationwide in a single event. Chief Minister Yadav, sharing the development on X, wrote: 'यशस्वी प्रधानमंत्री जी का हार्दिक आभार' — 'Heartfelt gratitude to the accomplished Prime Minister.'

For Madhya Pradesh specifically, the post states that more than 81 lakh farmers received a combined ₹1,640 crore directly into their accounts under this instalment.

Policy Backdrop

PM-KISAN was launched in February 2019 as a central sector scheme to provide direct income support of ₹6,000 per year to eligible landholding farmer families, paid in three equal instalments of ₹2,000 each. The scheme operates through Aadhaar-linked bank transfers, a mechanism designed to reduce leakages and ensure funds reach intended beneficiaries without intermediaries.

Regular disbursements have continued since December 2019, with the central government periodically reviewing eligibility criteria and coverage. The scheme is fully funded by the central government and applies uniformly across states, with state governments responsible for verifying and uploading eligible beneficiary data.

Stakeholders and Impact

Madhya Pradesh has one of the largest agricultural populations in India, and the 81 lakh-plus beneficiaries receiving ₹1,640 crore in this round represent a significant share of the state's farming households. The direct benefit transfer model means each eligible farmer family receives ₹2,000 per instalment directly into their bank account, providing immediate liquidity ahead of or during the kharif sowing season.

State governments across India routinely communicate these disbursements to their constituents, both to inform farmers of incoming credits and to associate the ruling dispensation with welfare delivery. Chief Minister Yadav's post follows this established pattern, amplifying the central scheme's reach within the state's public discourse.

What's Next

With the 23rd instalment now disbursed, attention will turn to the timeline for the 24th instalment and whether the upcoming Union Budget cycle proposes any revision to the ₹6,000 annual ceiling or changes in eligibility norms. Farm advocacy groups have periodically called for an increase in the annual payout to keep pace with input cost inflation. The government's response to such demands in the next budget will be closely watched by the 9.44 crore-plus enrolled farmer families nationwide.