Smriti Irani hails PM-KISAN 23rd instalment of ₹18,880 crore

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Smriti Irani hails PM-KISAN 23rd instalment of ₹18,880 crore

Synopsis

BJP leader Smriti Irani on 20 June 2026 welcomed PM Modi's release of the 23rd PM-KISAN instalment, crediting ₹18,880 crore to 9.44 crore farmer accounts via DBT. She called the scheme proof of the government's unwavering commitment to farmer welfare.

Key Takeaways

₹18,880 crore disbursed as the 23rd instalment of PM-KISAN on 20 June 2026 .
9.44 crore farmer beneficiaries received the funds directly via the DBT mechanism.
PM-KISAN provides ₹6,000 per year in three instalments of ₹2,000 each to eligible farmer families.
The scheme was launched on 24 February 2019 following its announcement in the 2019 Interim Budget .
Smriti Irani extended congratulations to all beneficiaries and described the scheme as the government's 'unwavering commitment' to farmers.
The DBT framework eliminates intermediaries, aiming to reduce leakages in welfare delivery to rural households.

BJP leader Smriti Irani on Saturday, 20 June 2026 praised Prime Minister Narendra Modi for disbursing the 23rd instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, under which ₹18,880 crore was transferred directly into the bank accounts of 9.44 crore farmer beneficiaries via the Direct Benefit Transfer (DBT) mechanism.

Context

Irani shared the announcement on X, writing in Hindi: 'माननीय प्रधानमंत्री श्री नरेन्द्र मोदी जी ने आज प्रधानमंत्री किसान सम्मान निधि योजना के अंतर्गत 9.44 करोड़ किसान भाइयों एवं बहनों के खातों में 23वीं किश्त के रूप में, DBT के माध्यम से ₹18,880 करोड़ की राशि हस्तांतरित की।' ['Honourable Prime Minister Narendra Modi today transferred ₹18,880 crore as the 23rd instalment under the PM-KISAN scheme into the accounts of 9.44 crore farmer brothers and sisters via DBT.'] She extended her 'heartfelt congratulations and best wishes' to all beneficiary farmers.

The post also described the #PMKisan scheme as 'proof of our government's unwavering commitment to providing economic support, dignity, and security to the nation's food providers (annadata).'

Policy Backdrop

PM-KISAN was announced in the 2019 Interim Budget and formally launched on 24 February 2019. The scheme provides eligible landholding farmer families with ₹6,000 per year in three equal instalments of ₹2,000 each, credited directly to beneficiary bank accounts through the DBT framework.

The scheme is a central sector initiative, meaning it is fully funded by the Government of India and implemented uniformly across all states and union territories. It forms a key pillar of the broader policy shift toward direct cash transfers to rural households — a strategy successive central governments have pursued since 2014 to improve targeting and reduce leakages in welfare delivery.

Stakeholders and Impact

The primary beneficiaries are small and marginal farmers — those with landholdings of up to two hectares — though the scheme has since been extended to cover all eligible farmer families regardless of landholding size. The ₹18,880 crore disbursed in this instalment represents one of the largest single-day agricultural welfare transfers under the scheme.

The DBT mechanism ensures funds reach beneficiaries without intermediaries, reducing the risk of diversion. State governments maintain and update beneficiary databases, and periodic cleansing of ineligible entries has been a recurring administrative exercise since the scheme's launch.

What's Next

Attention will now turn to the 24th instalment and any changes to the scheme's structure or beneficiary eligibility criteria that may be announced in the next Union Budget. Ongoing updates to state-level beneficiary databases and integration with land records are expected to continue refining the scheme's reach.

Irani's public endorsement of the disbursement underscores the BJP's continued emphasis on farmer welfare as a political and policy priority ahead of upcoming electoral cycles, with the PM-KISAN programme remaining a flagship vehicle for direct rural outreach.

Point of View

The event carries significant electoral optics beyond its administrative significance. The DBT architecture, built over the past decade, now serves as both a delivery mechanism and a communication tool, allowing the ruling party to attach a named political moment to each transfer. Analysts will watch whether beneficiary numbers or instalment amounts are revised upward ahead of the next budget cycle, as such adjustments have historically coincided with electoral calendars.
NationPress
21 Jun 2026

Frequently Asked Questions

What is the PM-KISAN scheme and how much do farmers get?
PM-KISAN (Pradhan Mantri Kisan Samman Nidhi) is a central government scheme that provides eligible farmer families ₹6,000 per year in three equal instalments of ₹2,000 each, transferred directly to their bank accounts via DBT. It was launched on 24 February 2019.
What is the 23rd instalment of PM-KISAN?
The 23rd instalment of PM-KISAN refers to the 23rd periodic payment released under the scheme. On 20 June 2026, PM Modi transferred ₹18,880 crore to 9.44 crore farmer beneficiaries as this instalment.
How many farmers benefited from the PM-KISAN 23rd instalment?
According to Smriti Irani's post on X, 9.44 crore (94.4 million) farmer brothers and sisters received the 23rd instalment under PM-KISAN on 20 June 2026.
What did Smriti Irani say about PM-KISAN?
Smriti Irani praised PM Modi for the disbursement and described PM-KISAN as 'proof of our government's unwavering commitment to providing economic support, dignity, and security' to farmers. She also extended congratulations to all beneficiaries.
What is DBT and why is it used for PM-KISAN?
DBT stands for Direct Benefit Transfer, a government mechanism that sends welfare funds directly into beneficiaries' bank accounts without intermediaries. PM-KISAN uses DBT to reduce leakages and ensure farmers receive the full amount without delays.
Nation Press
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