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Modi to Release Rs 20,500 Crore PM-Kisan Payout to 9.7 Crore Farmers on August 2

Extended e-KYC deadlines streamline beneficiary verification for the Varanasi event

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PM-KISAN

Overview

  • Each eligible farmer will receive ₹2,000 directly into their bank accounts as part of the scheme’s 20th installment
  • The government has earmarked about ₹20,500 crore for the disbursement to 9.7 crore small and marginal farmers
  • Beneficiaries had to complete Aadhaar-based e-KYC, bank account linkages and land record updates by late July to qualify
  • Agriculture Minister Shivraj Singh Chouhan and senior officials convened high-level meetings with ICAR and KVK representatives to finalize logistics
  • States will host parallel rollouts, including Tripura’s ₹45.4 crore distribution event in Agartala, timed to coincide with the Varanasi ceremony