PM Kisan Yojana Amount: Farmers have high expectations for the Union Budget 2026. Amid rising inflation and ever-increasing farming costs, rural India is keenly watching the government’s next move. Discussions have intensified, particularly regarding the Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN), whether the assistance provided to farmers will be increased this time. The biggest question is whether the government will increase the amount of money provided under the PM Kisan Yojana from Rs 6,000 to Rs 8,000 in the budget.
Can the money of PM Kisan increase?
Under the PM Kisan Yojana, eligible farmers receive an annual financial assistance of Rs 6,000, which is transferred directly to their bank accounts in three equal installments. However, in the current situation, farmer organizations and agricultural experts believe this amount is no longer sufficient. Consequently, there is a growing demand to increase this amount to Rs 8,000 annually in Budget 2026.
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Why is there a need to increase the amount?
The cost of farming has risen sharply in the past few years. Seeds, fertilizers, pesticides, diesel, electricity, irrigation, and agricultural machinery are all becoming more expensive. Consequently, marginal and small farmers have found it difficult to manage their annual expenses with a mere Rs 6,000. If the government increases the amount of this scheme, it will not only give farmers confidence to invest in agriculture but may also reduce their dependence on debt.
Rural economy can also get support
Experts say that a direct increase in farmers’ income will boost rural demand. When farmers have more money to spend, rural markets will become more active. This could benefit not only farmers, but also rural businesses and small traders, including those with seeds, fertilizers, tractors, and agricultural equipment. This means that the impact of the increase in PM Kisan will not be limited to farmers, but could also strengthen the entire rural economy.
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While there’s no official indication from the government at this time, expectations have certainly risen. If Budget 2026 announces an increase in the PM Kisan Yojana, it could prove to be a significant relief for farmers in this era of inflation.