# PM Modi to Release ₹18,680 Crore Under PM-Kisan Scheme The 24th instalment of the direct benefit transfer program supports millions of farmer families. - **Source:** [mint - money](https://www.livemint.com/rss/money) - **Published:** 2026-10-28 - **Topic:** [Business](https://brifing.si/c/business) - **Original article:** - **On Brifing:** https://brifing.si/s/285484a5-86f6-40db-b7b2-1162f372664b ## National Disbursement Event Prime Minister Narendra Modi will release the 24th instalment of the PM-Kisan scheme on October 30 in Bhildi, Gujarat. This national event involves the disbursement of ₹18,680 crore to over 9.34 million farmer families. Agriculture Minister Jitu Vaghani confirmed that preparations are underway for the 'PM Kisan Utsav Divas' across the region. ## Financial Assistance Structure Under the PM-Kisan scheme, eligible families receive ₹6,000 annually, distributed in three equal instalments of ₹2,000. These funds are transferred directly to the beneficiaries' bank accounts. Historically, over ₹4.47 lakh crore has been disbursed nationwide since the program's inception in February 2019, serving as a critical pillar for rural financial support. ## Regional Impact in Gujarat In Gujarat alone, more than 5.23 million farmer families are set to receive financial aid exceeding ₹1,051 crore. To facilitate this, authorities have organized 34 district-level and over 2,100 cluster-level events. These gatherings will feature live broadcasts of the main program and provide approval letters for various state-run Agriculture and Horticulture department schemes. ## Eligibility and Exclusions The scheme targets landholding farmer families with cultivable land. However, specific groups remain ineligible, including institutional landholders, constitutional post-holders, and former ministers. Additionally, income tax payers, professionals like doctors or architects, and pensioners receiving over ₹10,000 monthly are excluded from the program to ensure funds reach the most vulnerable agricultural households. ## Mandatory Compliance Requirements To receive the payout, farmers must complete e-KYC and ensure their bank accounts are seeded with their Aadhaar cards. Failure to meet these regulatory requirements results in the beneficiary being blocked from the active list. The government emphasizes that compliance status must be verified before the disbursement cycle to avoid any payment delays. ## Digital Verification Channels Farmers can complete the mandatory e-KYC process through the official PM-KISAN portal using a one-time password. Alternatively, the PM-KISAN mobile app offers facial recognition technology for verification. For those unable to access digital tools, physical verification is available at the nearest Common Service Centre to ensure all eligible participants remain active. ## Support and Troubleshooting The Ministry of Agriculture and Farmers Welfare has established dedicated support lines for beneficiaries facing technical issues. Farmers encountering problems with Aadhaar linking or payment status can contact the toll-free helpline 155261 or 011-24300606. These channels provide direct assistance to resolve discrepancies and ensure the successful delivery of the ₹2,000 benefit payment. ## Broader Policy Context Launched in 2019, PM-Kisan remains one of the world's largest Direct Benefit Transfer programs. Beyond this payout, the Prime Minister will attend National Unity Day celebrations in Narmada district on October 31. This dual-purpose visit highlights the government's focus on both rural economic welfare and national commemorative events during the two-day Gujarat tour. ## Sources covering this story - https://www.livemint.com/money/pmkisan-24th-instalment-on-october-30-pm-modi-to-release-18-680-crore-for-farmers-check-details-11793203473015.html — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._