Chennai, 31 Oct 2026: Prime Minister Shri Narendra Modi laid the foundation stone, inaugurated, and dedicated to the nation development projects worth over ₹14,000 crore today in Banas kantha, Gujarat. Speaking on the sacred soil of Mother Amba shortly after Navratri, he unveiled multiple initiatives for women, children, farmers, and cattle rearers, while also disbursing a fresh installment of the PM Kisan Samman Nidhi to tens of millions of small farmers nation wide.
Describing farmers and annadatas as among the strongest pillars of a Viksit Bharat, the Prime Minister stated that the government has consistently prioritized their welfare and empower ment , increasing the national agricultural budget more than fivefold compared to 2013-14. Noting that the PM Kisan Samman Nidhi has become an integral part of small farmers' lives, he highlighted that over 1,000 crore rupees have been deposited into the accounts of more than 50 lakh farmers in Gujarat, including nearly 50 crore rupees for lakhs of farming families in Banas kantha. “Today, an amount of more than 18 thousand crore rupees has been sent into the accounts of a b o u t 1 0 c r o r e farmers,” noted PM Modi.
Highlighting that government policies over recent years have delivered or saved more than 50 lakh crore rupees for farmers, the Prime Minister cited the first of five key examples by pointing out that nearly 4.5 lakh crore rupees have been transferred directly into the bank accounts of small farmers under the PM Kisan Samman Nidhi. He observed that small farmers constitute over 85 percent of the farming community and our government cared for such small farmers and provided them help through PM Kisan Samman Nidhi,” asserted Shri Modi.
Pointing to the sharp surge in global fertilizer prices amid international uncer tainty over the past few years, the Prime Minister emphasized that his farmer-centric government shielded cultivators from the price hike. “The government spent about 16 lakh crore rupees on this,” noted PM Modi.
The Prime Minister underscored that the government fulfilled its MSP commitment. “In the past 12 years, wheat and paddy farmers have received more than 24 lakh crore rupees as MSP,” observed Shri Modi.