'PM-Kisan Yojana' payouts hit by errors: Banks directed by government to fix transaction failures; Rs 63,500 crore allocated for scheme in FY26

The government is addressing failed transactions under the PM-Kisan scheme due to Aadhaar mapping issues and incomplete KYC. Banks are directed to improve communication with farmers and assist in meeting eligibility requirements. A financial inclusion drive is underway, boosting participation in Jan Dhan Yojana and social security schemes, alongside Re-KYC updates.

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