← Resources · October 30, 2026
Economics GS3GS2GS3 5 min read

PM-KISAN 24th Instalment Released: Over 9.34 Crore Farmers Paid, Odisha Gets Rs 3,000 Crore

What happened
01

The Union government released the 24th instalment of PM-KISAN on 30 October 2026, at a national event at Banaskantha in Gujarat.

02

More than ₹18,680 crore was sent to the bank accounts of over 9.34 crore farmer families across India. Each family got ₹2,000.

03

In Odisha, about 35.38 lakh farmers received around ₹3,000 crore through Direct Benefit Transfer (DBT, which means the money goes straight into the farmer's bank account). The state held a state-level "PM-Kisan Utsav" in Bhubaneswar that joined the event online.

04

The Odisha government listed its own farm support next to PM-KISAN: the state's CM-Kisan scheme and paddy procurement at ₹3,100 per quintal. It also said it is trying to revive millet farming in all 30 districts.

05

Recent floods damaged crops in several Odisha districts, including Ganjam and Gajapati. The state said affected farmers will get help after damage is assessed, as per the existing relief norms.

06

The previous (23rd) instalment was released on 20 June 2026 to more than 9.44 crore farmers, so the number of paid families is slightly lower this time.

Static topic 1 of 3 · Economics

Pradhan Mantri Kisan Samman Nidhi (PM-KISAN): Direct Farmer Income Support

PM-KISAN is a central government scheme that gives every eligible landholding farmer family ₹6,000 a year as income support. The money is paid in three equal instalments of ₹2,000, straight into the farmer's bank account. The Centre pays the full cost, so it is a Central Sector Scheme. It is run by the Ministry of Agriculture and Farmers Welfare, and states and UTs help by checking and approving the list of farmers.

Connection to this news

The 24th instalment is the latest round of this fixed, year-round income support. Odisha's figures show how the Centre's scheme works alongside a state's own scheme (CM-Kisan) to support the same farmers.

Static topic 2 of 3 · Economics

Direct Benefit Transfer (DBT): Sending Welfare Money Straight to People

Direct Benefit Transfer, or DBT, is the system by which the government sends money (or a subsidy) directly into the bank account of the person who is supposed to get it. There is no middleman, no cash handed over by an official and no paper cheque. Because the money goes straight to a verified account, less of it leaks away to fake or duplicate beneficiaries. PM-KISAN is one of the biggest schemes that runs fully on DBT.

Connection to this news

The Odisha government said the money reached more than 35.38 lakh farmers in the state through DBT. One click at the national event moved over ₹18,680 crore into more than 9.34 crore accounts, which is only possible because of the DBT system.

Static topic 3 of 3 · Economics

Disaster Response and Mitigation Funds: NDRF, SDRF, NDMF and SDMF

India pays for disaster work through four special funds created under the Disaster Management Act, 2005. Two are for response (immediate relief after a disaster): the National Disaster Response Fund (NDRF) and the State Disaster Response Fund (SDRF). Two are for mitigation (reducing future risk): the National and State Disaster Mitigation Funds. When a state helps flood-hit farmers "as per norms", it usually means relief paid from its SDRF at rates fixed by the Ministry of Home Affairs.

Connection to this news

The Odisha government said flood-hit farmers in districts such as Ganjam and Gajapati will get help after damage is assessed, as per the prevailing norms. Flood is a notified disaster, so such crop-loss relief is normally paid through the SDRF, with the Centre bearing 75% of Odisha's SDRF.

Key facts & data
  • PM-KISAN 24th instalment: released 30 October 2026, from Banaskantha, Gujarat
  • Amount: more than ₹18,680 crore to over 9.34 crore farmer families (₹2,000 each)
  • Odisha: about 35.38 lakh farmers, around ₹3,000 crore
  • 23rd instalment: 20 June 2026, more than 9.44 crore farmers
  • PM-KISAN: ₹6,000/year in 3 instalments; launched 24 February 2019 (Gorakhpur), effective 1 December 2018; Central Sector Scheme (100% central funding)
  • DBT launched 1 January 2013; DBT Mission in the Cabinet Secretariat since September 2015
  • Odisha paddy procurement price mentioned: ₹3,100 per quintal; state scheme: CM-Kisan
  • Flood-hit districts named: Ganjam and Gajapati
  • SDRF: Section 48(1)(a), Disaster Management Act, 2005; Centre's share 75% (general states) / 90% (NE and Himalayan states)
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