Government approved subsidised loan worth INR 3971 crore towards Micro irrigation Fund

Micro Irrigation Fund created with NABARD under PMKSY-PDMC has released loan of Rs 659.70 crore to Haryana, Tamil Nadu and Gujarat, and the Micro irrigation fund committee has approved projects covering loan of Rs.  3971.31 crore. A total of Rs.1754.60 crore  has been released so far, comprising Rs.  616.13 crore to   Andhra Pradesh, Rs. 937.47 crore to Tamil  Nadu, Rs. 21.57 crore to Haryana  and Rs. 179.43 crore to Gujarat states. The projects aprroved comprises  Rs. 764.13 crore for Gujarat, Rs. 1357.93 crore for Tamil Nadu, Rs. 616.13 crore for Andhra Pradesh, Rs. 276.55 crore for West Bengal,  Rs.790.94 crore for Haryana Rs. 150.00 crore for Punjab and Rs. 15.63 crore for Uttarakhand. 

Micro Irrigation through PMKSY-PDMC has covered an agriculture land area of 46.96 lakh hectares through the last five financial years (2015-16 to 2019-20). Micro Irrigation Fund corpus of  INR 5000 crore created with National Bank for Agriculture and Rural Development (NABARD) for micro-irrigation projects. The fund operating from 2019-2020 financial year is to facilitate the states to assist farmers to in availing expanded coverage of Micro Irrigation. The fund is available under PMKSY-PDMC to encourage farmers to install micro irrigation systems.

Department of Agriculture Cooperation & Farmers’ Welfare has implemented ‘Per Drop More Crop’ scheme under Pradhan Mantri Krishi Sinchayee Yojana (PMKSY- PDMC). The PMKSY- PDMC scheme focuses on improved efficiency of water usage at farm level through Micro Irrigation technologies viz. Drip and Sprinkler irrigation systems. These techniques helps farmers in multiple ways including reduced fertilizer usage, labour expenses and other input costs. 

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