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