Will PM Kisan Nidhi Get a Hike in Budget 2026? Farmers Watch Closely

As the countdown to the Union Budget 2026 begins, expectations are running high across the country. From senior citizens to small farmers, many are hoping for meaningful announcements when Finance Minister Nirmala Sitharaman presents the budget on February 1. Among the most watchful are farmers, who are keen to see whether this year’s budget brings long-awaited relief.

Farmers’ key expectation from Budget 2026

For farmers, the biggest hope revolves around the Pradhan Mantri Kisan Samman Nidhi Yojana (PM-KISAN). There is strong anticipation that the government may not only raise the scheme’s overall allocation but also increase the annual assistance given to farmers. Currently, eligible farmers receive ₹6,000 per year, and many are eager to see if this amount will finally be revised.

Why an increase is being demanded

Under PM-KISAN, farmers receive ₹6,000 annually in three equal instalments of ₹2,000 each. While this support has benefited millions, farmer groups and agricultural experts argue that the amount no longer matches today’s realities. Over the past few years, farming costs have surged sharply, seeds, fertilisers, pesticides, diesel, electricity, irrigation, and farm machinery have all become significantly more expensive. In this scenario, ₹6,000 offers limited relief.

What experts are predicting

Given the rising input costs, experts believe the government may consider increasing the annual assistance to ₹8,000 in Budget 2026. Such a move, they say, would provide more realistic support to small and marginal farmers and help ease some of the financial pressure they face each season.

Since the scheme’s launch, the assistance amount has remained unchanged, even as expenses have climbed. So far, 21 instalments of PM-KISAN have been released, and millions of farmers are now waiting for the 22nd instalment. Whether Budget 2026 delivers a higher payout or sticks to the status quo will be closely watched and could be one of the most talked-about announcements when the finance minister rises to present the budget.