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The Union Cabinet approved continuation of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) from 2026-27 to 2030-31 with a financial outlay of Rs 3.15 lakh crore.
The scheme will continue to pay Rs 6,000 per year to each eligible landholding farmer family in three equal instalments of Rs 2,000 through Direct Benefit Transfer.
More than 9.49 crore farmers are expected to benefit; women farmers have already drawn over Rs 1.06 lakh crore and make up nearly one in four beneficiaries.
NITI Aayog's Development Monitoring and Evaluation Office found over 92% of beneficiaries used the money for agricultural activity and farm investment.
PM-KISAN, launched on 24 February 2019, has disbursed over Rs 4.27 lakh crore since inception.
PM-KISAN runs on the JAM trinity (Jan Dhan accounts, Aadhaar, mobile), the same plumbing used for LPG subsidy and MGNREGA wage payments.
Decoupled income support of this kind mirrors the model of paying farmers irrespective of what or how much they grow, as against price-linked or input-linked subsidies.
Several states run their own top-up income transfers for farmers alongside the central PM-KISAN payment.
PM-KISAN is fully Centre-funded, unlike Centrally Sponsored Schemes where states contribute a matching share.
GS Paper 2 > Government Policies and Interventions; GS Paper 3 > Agriculture, Issues of Buffer Stocks and Food Security
General Awareness > Government Schemes
General Awareness > Government Schemes and Priority Sector
General Awareness > Current Affairs
Consider the following statements: 1. The Accelerated Irrigation Benefits Programme was launched during 1996-97 to provide loan assistance to poor farmers. 2. The Command Area Development Programme was launched in 1974-75 for the development of water-use efficiency. Which of the statements given above is/are correct?
Answer: 2 only
Consider the following statements: The nation-wide 'Soil Health Card Scheme' aims at 1. expanding the cultivable area under irrigation. 2. enabling the banks to assess the quantum of loans to be granted to farmers on the basis of soil quality. 3. checking the overuse of fertilizers in farmlands. Which of the above statements is/are correct?
Answer: 3 only
Consider the following statements: 1. The quantity of imported edible oils is more than the domestic production of edible oils in the last five years. 2. The Government does not impose any customs duty on all the imported edible oils as a special case. Which of the statements given above is/are correct?
Answer: 1 only
Which of the following activities constitute real sector in the economy? 1. Farmers harvesting their crops 2. Textile mills converting raw cotton into fabrics 3. A commercial bank lending money to a trading company 4. A corporate body issuing Rupee Denominated Bonds overseas Select the correct answer using the code given below:
Answer: 1 and 2 only
Which Five-Year Plan was based on the "Harrod-Domar Model"?
Answer: First Five-Year Plan
A scheme funded entirely by the Union Government and implemented by central agencies, with no matching contribution from states.
Transfer of subsidies and benefits straight into a beneficiary's bank account to cut leakage and intermediaries.
The Development Monitoring and Evaluation Office of NITI Aayog, which evaluates the performance of government schemes.
The PM-KISAN unit of benefit, defined as husband, wife and minor children owning cultivable land.