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Government to spend Rs 50,000 crore under the Pradhan Mantri Krishi Sinchai Yojana

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  • The spending this year is expected to bring an additional 6 lakh hectares under irrigation while 5 lakh hectares will benefit from drip irrigation. That apart, 1,300 watershed projects have been marked for completion.
  • With an eye on improving farm productivity, the government will spend Rs 50,000 crore over the next five years under the Pradhan Mantri Krishi Sinchai Yojana (PMKSY).
  • "It has been decided that in 5 years, Rs 50,000 crore from the central Budget would be utilised.
  • Besides, the FM said the scheme is aimed at enhancing recharge of aquifers and introducing sustainable water conservation practices by exploring feasibility of re-using treated municipal water for peri-urban agriculture and attracting greater private investment in precision irrigation. 

    Source:-
    Government to spend Rs 50,000 crore under the Pradhan Mantri Krishi Sinchai Yojana - The Economic Times

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