Over 9.34 crore farming families woke up on Friday, 30 October 2026 to a direct cash credit — ₹18,690.32 crore hitting bank accounts in a single stroke, as Prime Minister Narendra Modi released the 24th instalment of the PM Kisan Samman Nidhi from Gujarat. The Chief Minister's Office of Madhya Pradesh confirmed the transfer and announced that Chief Minister Dr. Mohan Yadav participated in the national event from the Ujjain Krishi Upaj Mandi (agricultural produce market committee) premises.

What the 24th instalment means for farmers

The PM Kisan Samman Nidhi scheme, launched on 24 February 2019, delivers a fixed annual income support of ₹6,000 to eligible landholding farmer families — paid in three equal instalments of ₹2,000 each, directly into their bank accounts via the Direct Benefit Transfer (DBT) mechanism. No middlemen, no leakage. The 24th instalment, at over ₹18,690 crore, ranks among the largest single-tranche releases in the scheme's history, a function of both beneficiary count and the no-cut DBT architecture.

CM Yadav's Ujjain event and what he said

Chief Minister Dr. Mohan Yadav joined the national rollout from the Ujjain Krishi Upaj Mandi compound — a deliberate, visible signal that Madhya Pradesh's leadership was aligned with the Centre's farmer-first messaging. Speaking at the event, he said: 'Pradhanmantri ji ke netritva mein desh aur Madhya Pradesh vikas ke naye aayam sthapit kar rahe hain' ('Under the Prime Minister's leadership, the country and Madhya Pradesh are establishing new dimensions of development'). He added that farmer welfare is the government's top priority and that efforts for farmers' prosperity are ongoing.

Ujjain — one of Madhya Pradesh's major agricultural trading hubs — was a pointed venue choice. Holding the event at a functioning mandi ground, rather than a government auditorium, put the scheme's intended beneficiaries literally in the frame.

PM-KISAN's DBT model and its expanding reach

Since its launch, PM-KISAN has become the central government's most visible direct-transfer instrument for the farm sector. Periodic instalment releases are accompanied by state-level events that let ruling parties in states visually co-own the Union scheme — a pattern consistent across BJP-governed states and increasingly replicated elsewhere. The scheme's reach has grown steadily; the 9.34 crore beneficiaries figure for this instalment underscores its scale as one of the world's largest agricultural income-support programmes.

For Madhya Pradesh, a state where agriculture employs a large share of the workforce and where the BJP has staked its political identity on rural welfare, the Ujjain event doubles as both policy delivery and political reinforcement ahead of any future electoral cycle.