Business & Economy

Annual allotment of Rs. 4000 crore made to State Governments under ‘Per Drop More Crop’

NetIndian News Network

New Delhi, June 11, 2020

The Department of Agriculture Cooperation & Farmers’ Welfare has already allocated the annual allotment of Rs. 4,000 crore to the states under the ‘Per Drop More Crop’ component of Pradhan Mantri Krishi Sinchayee Yojana (PMKSY- PDMC).

The PMKSY- PDMC focuses on enhancing water use efficiency at the farm level through Micro Irrigation technologies such as Drip and Sprinkler irrigation systems. Drip micro-irrigation technique not only helps in water-saving but also in reducing fertilizer usage, labour expenses and other input costs.

The State Governments have identified the beneficiaries to be covered under the programme. Fund release to some of the States is already under process for the year 2020-21, an official press release said.

Further, a Micro Irrigation Fund corpus of Rs 5,000 crore has been created with NABARD. The objective of the fund is to facilitate the states in mobilizing the resources for expanding coverage of Micro Irrigation by taking up special and innovative projects and also for incentivising micro irrigation beyond the provisions available under PMKSY-PDMC to encourage farmers to install micro-irrigation systems, it said.

So far, Micro Irrigation Funds have been released to the states of Andhra Pradesh and Tamil Nadu for Rs 616.14 crore and for Rs478.79 crore, respectively, through NABARD. The area covered under these projects is 1.021 lakh ha in Andhra Pradesh and 1.76 lakh ha in Tamil Nadu, it said.

During the last five years (2015-16 to 2019-20), an area of 46.96 lakh ha has been covered under Micro Irrigation through PMKSY-PDMC, the release added.

NNN

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