PM Modi Disburses Rs 18,880 Crore to 9.44 Crore Farmers Under PM-KISAN
Prime Minister Narendra Modi on Friday transferred Rs 18,880 crore under the 23rd PM-KISAN installment, directly benefiting more than 9.44 crore farmers nationwide. The electronic fund release took place during the Prime Minister’s official visit to Tarakeswar, located in the Hooghly district of West Bengal.
Key Highlights
- Rs 18,880 crore directly transferred to over 9.44 crore farmers nationwide.
- West Bengal beneficiaries received Rs 907 crore across 45.35 lakh farmers.
- Cumulative national outlays under PM-KISAN have surpassed Rs 4.46 lakh crore since 2019.
- New agricultural insurance and digital technology platforms launched with a Rs 12,200 crore outlay.
Union Agriculture Minister Shivraj Singh Chouhan confirmed that 45.35 lakh farmers in West Bengal received Rs 907 crore from this tranche. He stated that total state disbursements under the scheme have now breached Rs 15,055 crore, while national funding since inception has exceeded Rs 4.46 lakh crore.
Chouhan emphasized that the electronic distribution utilizes Direct Benefit Transfer channels, explicitly aimed at strengthening financial protections for vulnerable smallholder farmers.
The Prime Minister simultaneously introduced the Pradhan Mantri Fasal Bima Yojana alongside the Restructured Weather-Based Crop Insurance Scheme in West Bengal, backed by a Rs 12,200 crore commitment.
This insurance push targets coverage for 1.10 crore agricultural producers across 30 lakh hectares during the 2026-27 fiscal window, underwriting crops valued at Rs 28,140 crore.
As part of the Digital Agriculture Mission, the Prime Minister unveiled a centralized Agri-Tech system to manage fertilizer logistics, Kisan Credit Cards, welfare transfers, and state crop procurement.
Modi additionally inaugurated the National Natural Farming Mission, establishing 346 eco-farming hubs across 17,300 hectares in West Bengal for the 2026-27 cycle. This framework plans to supply 43,250 growers with organic inputs, technical training, and commercial connections via localized resource hubs and rural advisors.
The Pradhan Mantri Dhan-Dhanya Krishi Yojana was also launched inside Purulia, Darjeeling, Alipurduar, and Jhargram districts to elevate output, incentivize crop shifting, and build storage units.
Modi opened 49 rural infrastructure pathways worth Rs 213 crore under the third phase of the rural roads scheme, building 315 kilometers of transit links. These corridors aim to link rural producers to commercial hubs while smoothing civilian travel to regional medical clinics and schools.
The public event was attended by West Bengal Governor RN Ravi, state official Suvendu Adhikari, alongside Union Ministers Rajiv Ranjan Singh, Ashwini Vaishnaw, Shantanu Thakur, and Sukanta Majumdar.
State organizers noted that more than 1 crore agricultural workers participated in the primary broadcast via remote video feeds from various parts of the country.
Future Outlook
The massive capital injection into West Bengal’s rural ecosystem highlights a strategic pivot toward structural modernization. By blending direct income support with digital administrative platforms and weather-indexed crop insurance, the government seeks to insulate smallholders from climate volatility. The expansion of natural farming clusters during the 2026-27 period marks a critical multi-year transition away from chemical-heavy inputs, aiming to lower production overheads while creating premium market linkages for regional produce over the coming decade.
FAQs
What is the total financial outlay of the 23rd PM-KISAN installment?
The government distributed Rs 18,880 crore directly into the bank accounts of more than 9.44 crore eligible farming households across India.
How much funding did West Bengal receive under this PM-KISAN release?
More than 45.35 lakh farmers across West Bengal received a combined allocation of approximately Rs 907 crore during this specific installment.
What digital infrastructure was launched by the Prime Minister?
An Agri-Tech platform was introduced under the Digital Agriculture Mission to streamline fertilizer supply chains, Kisan Credit Card management, direct benefit transfers, and minimum support price procurement.
Which districts are targeted by the Pradhan Mantri Dhan-Dhanya Krishi Yojana?
The specialized productivity and infrastructure scheme targets the four West Bengal districts of Purulia, Darjeeling, Alipurduar, and Jhargram.