The presentation of the Union Budget 2026 is approaching soon. As a result, people across the country, especially those connected to agriculture, are closely watching the upcoming budget.
With farming costs rising and inflation putting pressure on incomes, farmers are expecting some relief from the government this year.
Expectation of Higher Support Under PM-Kisan Scheme
Farmers are hoping that the government will increase the financial assistance provided under the Pradhan Mantri Kisan Samman Nidhi Yojana.
At present, farmers receive ₹6,000 per year under this scheme. However, due to current economic conditions, many farmers feel that this amount is no longer sufficient.
There is an expectation that the government may raise this assistance to ₹10,000 in the Union Budget 2026.
Why Are Farmers Demanding an Increase?
According to farmers, the cost of farming has increased significantly over the past few years. Prices of fertilizers, seeds, pesticides, diesel, and agricultural machinery have gone up sharply.
Because of these rising expenses, the current annual assistance of ₹6,000 does not meet their needs. An increase in this amount could help farmers invest better in their fields and improve overall agricultural production.
Impact on Farmers and Rural Economy
Farmers across the country have high hopes from this year’s budget. If the government decides to increase financial support, it will directly benefit farmers.
With more money available, farmers’ spending power will rise, which can also boost the rural economy and support overall economic growth.
When Was the PM-Kisan Scheme Launched?
The Pradhan Mantri Kisan Samman Nidhi Yojana was launched in December 2018. The main objective of the scheme is to provide financial assistance to small and marginal farmers.
Under this program, eligible farmers receive ₹6,000 annually, which is directly transferred to their bank accounts.
