PM Modi to Release 24th PM-KISAN Instalment
Ministry of Agriculture & Farmers Welfare · Agriculture · Posted 29 OCT 2026 6:46PM
What happened
The Prime Minister will release the 24th instalment of PM-KISAN at Banaskantha, Gujarat, disbursing over ₹18,690 crore to more than 9.34 crore farmers. Additionally, 521 Agriculture Infrastructure Fund units will be dedicated to the nation, and 12 horticulture clusters will be inaugurated to boost agricultural storage and high-value crop production.
Why it matters for UPSC
This release highlights direct income support mechanisms and agricultural infrastructure development, which is directly relevant to the UPSC syllabus topic of government policies and interventions for development in the agriculture sector.
Key objectives
- Release 24th instalment of PM-KISAN, transferring over ₹18,690 crore to more than 9.34 crore farmers via Direct Benefit Transfer.
- Dedicate 521 units developed under the Agriculture Infrastructure Fund to strengthen storage, processing, and related infrastructure.
- Inaugurate 12 horticulture clusters to promote high-value crops and enhance farmer income potential.