₹498 crore, 24 lakh farmers, one click. On Friday, October 30, 2026, Prime Minister Narendra Modi transferred the 24th installment of the PM Kisan Samman Nidhi scheme directly into the bank accounts of 24,59,707 farmers across Chhattisgarh — releasing ₹498 crore 48 lakh in a single event held at Banaskantha, Gujarat. The Chief Minister's Office of Chhattisgarh confirmed the transfer in a post on X.

CM Sai joins farmers at Raipur's Agriculture University

As funds landed in farmer accounts, Chief Minister Vishnu Deo Sai was on the ground in Raipur, attending the state-level PM Kisan Utsav Diwas (PM Kisan Festival Day) organized within the campus of the Agriculture University. The event mirrored simultaneous celebrations held across the country wherever the installment reached beneficiaries.

CM Sai said the scheme 'provides regular financial support to farmers to meet the needs of farming' — framing the cash transfer not as a one-off dole but as predictable, structural income relief for households that depend on the monsoon and market cycles.

What PM-KISAN means for Chhattisgarh's small farmers

The PM Kisan Samman Nidhi scheme was launched in February 2019 to give every eligible landholding farm family ₹6,000 a year in three equal installments of ₹2,000, credited directly to verified bank accounts — no middlemen, no diversion. Chhattisgarh, a state whose economy is anchored in rice cultivation and where small and marginal farmers make up the bulk of the agricultural workforce, has been among the scheme's significant beneficiaries since its inception.

The 24th installment marks more than seven years of uninterrupted quarterly releases — a direct-benefit-transfer rhythm that has become one of the central government's most visible farm-welfare mechanisms. Funds are disbursed simultaneously to multiple states, with the Prime Minister typically initiating the transfer at a public event.

Banaskantha as the launch pad — and what it signals

Choosing Banaskantha — a district in northern Gujarat known for its agrarian character and dairy economy — as the transfer venue is consistent with the central government's practice of anchoring large-scale farmer-welfare events in states where farm distress or rural outreach is politically salient. The Chhattisgarh component alone — nearly 25 lakh beneficiaries receiving close to ₹500 crore in a single transaction — underscores the scale of India's direct-benefit infrastructure.

The next milestone to watch: the 25th installment and whether Chhattisgarh announces any top-up support through its own state budget to complement the central transfer.