The Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme was introduced to alleviate the severe economic pressures and systemic vulnerabilities faced by small and marginal farmers in India. This study evaluates the impact of the PM-KISAN scheme on the agricultural needs and socio-economic livelihoods of beneficiaries in Theiri village, Siaha District. Employing a descriptive research design, primary data were collected through face-to-face structured interviews with a purposive sample of 50 beneficiary households. The quantitative data were analyzed using descriptive statistics. Findings reveal that the scheme significantly enhances agricultural capacity, with beneficiaries actively utilizing the funds for essential inputs such as farm tools (82.4%), seeds (78.4%), and fertilizers (70.6%). Furthermore, the financial assistance acts as a vital socio-economic safety net; 86.3% of respondents reported a reduction in broader financial challenges and utilized the funds for daily sustenance, while 84.3% noted an improved standard of living. Operational efficiency was robust, with 82.4% receiving timely installments, preventing reliance on informal loans. Most notably, the intervention served as a massive motivational driver, encouraging 90.2% of beneficiaries to remain in the farming profession. The study concludes that the PM-KISAN scheme effectively fulfills its dual mandate of sustaining agricultural operations and uplifting rural livelihoods.