Investments for Pradhan Mantri Krishi Sinchai Yojana (PMKSY)
The following investments were made for Pradhan Mantri Krishi Sinchai Yojana (PMKSY):
- The Maharashtra state government allocated Rs. 400 crores (US$ 53.37 million) in March 2021 for various irrigation development corporations to complete various irrigation projects under the Pradhan Mantri Krishi Sinchai Yojana and Baliraja Sanjeevani Yojana.
- In February 2021, the Agriculture and Farmers’ Welfare Ministry declared a plan to spend half of the Rs. 131,531 crores (US$ 17.55 billion) budget allocation on the Pradhan Mantri Krishi Sinchai Yojana for the financial year 2021-22.
- The Union Ministry of Agriculture & Farmers Welfare approved subsidized loans of Rs. 3,971.31 crores (US$ 529.93 million) for the implementation of micro-irrigation projects in November 2020.
- The Department of Agriculture Cooperation and Farmer’s Welfare announced an allocation of Rs. 4,000 crores (Rs. 533.76 million) to the state government in June 2020 to implement the ‘Per Drop More Crop’ component of the Pradhan Mantri Krishi Sinchayee Yojana for the fiscal year 2020-21.
Prime Minister Krishi Sinchayee Yojana
Pradhan Mantri Krishi Sinchai Yojana is a national mission launched in 2015 by the Government of India with an investment of 50,000 crores (US$ 7.7 billion). It aims to develop irrigation sources to provide a permanent solution to drought. It has the motto “Har Khet Ko Paani.” In this article, we will look into the objectives, components, investments, developments, and benefits of Pradhan Mantri Krishi Sinchai Yojana (PMKSY).
Table of Content
- Pradhan Mantri Krishi Sinchai Yojana
- Objectives of the Pradhan Mantri Krishi Sinchai Yojana
- Components of Pradhan Mantri Krishi Sinchai Yojana (PMKSY)
- Investments for Pradhan Mantri Krishi Sinchai Yojana (PMKSY)
- Ministries Participating in Pradhan Mantri Krishi Sinchai Yojana (PMKSY)
- Committees Associated with PMKSY Implementation
- Key Developments under Pradhan Mantri Krishi Sinchai Yojana (PMKSY)
- Benefits of the Pradhan Mantri Krishi Sinchai Yojana (PMKSY)
- Pradhan Mantri Krishi Sinchai Yojana UPSC