PM Modi Releases 19th PM-KISAN Instalment, Benefiting 9.8 Crore Farmers
Team Finance Saathi
24/Feb/2025

What's covered under the Article:
- PM Modi transferred ₹22,000 crore under the PM-KISAN scheme to 9.8 crore farmers.
- The event in Bhagalpur, Bihar, also marked the inauguration of multiple agricultural projects.
- PM Modi emphasized technology integration and direct farmer benefits without intermediaries.
Prime Minister Narendra Modi, on February 24, 2025, launched the 19th installment of the PM-KISAN (Pradhan Mantri Kisan Samman Nidhi) scheme from Bhagalpur, Bihar, transferring over ₹22,000 crore directly into the bank accounts of more than 9.8 crore farmers across India. This milestone marks six years of the PM-KISAN initiative, aimed at empowering farmers through financial assistance and technological advancements in agriculture.
PM-KISAN: A Lifeline for Farmers
The PM-KISAN scheme, launched in 2019, provides ₹6,000 annually to eligible small and marginal farmers in three equal installments of ₹2,000 each, ensuring direct benefit transfer (DBT) without the involvement of intermediaries. This financial aid helps farmers invest in better seeds, fertilizers, and technology, ultimately enhancing productivity and rural incomes.
In his address at Bhagalpur, PM Modi emphasized the government's commitment to strengthening the agricultural sector by ensuring timely financial support and promoting precision farming techniques. The ₹22,000 crore disbursement in this installment is expected to bolster the rural economy, particularly benefiting farmers in Bihar, Uttar Pradesh, Maharashtra, Madhya Pradesh, and Tamil Nadu—states with a large number of beneficiaries.
Technological Integration in Agriculture
Alongside the PM-KISAN disbursement, PM Modi highlighted the integration of digital tools, artificial intelligence, and sustainable farming methods in India's agriculture sector. He emphasized the role of PM-KISAN-linked services, including:
- Drone technology for precise pesticide application.
- Soil health cards to optimize fertilizer use.
- eNAM (National Agriculture Market) for better crop pricing and direct market access.
PM Modi's Bihar Visit and Development Announcements
During the event in Bhagalpur, Bihar, PM Modi also inaugurated multiple development projects, focusing on irrigation systems, rural infrastructure, and cold storage facilities to support perishable crops. These initiatives align with the government’s broader vision of self-reliant agriculture and ‘Viksit Bharat@2047’.
PM Modi’s Engagements in Assam
Following the Bihar event, PM Modi traveled to Assam, where he was greeted with traditional cultural performances as part of the #AdvantageAssam2 event. This summit focused on:
- Strengthening agriculture supply chains in the Northeast region.
- Encouraging private sector investment in agri-processing.
- Promoting organic farming and export potential of Assam’s tea, spices, and rice.
During his Assam visit, the Prime Minister also met with farmers and agricultural innovators, discussing ways to modernize traditional farming while preserving India’s rich agricultural heritage.
Impact of the 19th PM-KISAN Installment
With over ₹2.80 lakh crore disbursed since the scheme's inception, PM-KISAN has become a cornerstone of rural development in India. The latest installment reinforces the government’s pro-farmer approach, ensuring that:
- Financial aid reaches farmers directly without delays.
- Technology adoption in farming increases for better yields.
- Sustainable agriculture practices receive greater policy support.
As India moves towards agriculture-led economic growth, schemes like PM-KISAN continue to empower farmers, ensuring food security and economic stability for millions.
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