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Modi On Farmers’ Interests | “India will not compromise on the interests of farmers, nor accept any detrimental policies,” PM Modi said, in an apparent reference to US tariffs under Donald Trump. “I am standing like a wall to protect the interests of farmers and fishermen from any unfriendly policies.”
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CNBC TV18•01-02-2026, 15:36

Budget 2026: PM Kisan Allocation Remains ₹63,500 Crore, No Hike Post-Elections

  • •The Centre has allocated ₹63,500 crore to the PM-Kisan Yojana for the Financial Year 2026-27.
  • •This allocation remains unchanged from the Budget 2025 estimate, despite expectations for an increase.
  • •The PM-KISAN scheme, launched in 2019, provides ₹6,000 annually to landholding farmer families via direct benefit transfers.
  • •The scheme currently covers over 10 crore beneficiaries, with more than ₹3.70 lakh crore transferred since its inception.
  • •Actual expenditure in 2023-24 slightly exceeded the budget estimate, and revised estimates for 2024-25 were higher than the initial allocation.

Why It Matters: PM Kisan scheme retains ₹63,500 crore allocation for FY2026-27, unchanged despite hike expectations.

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