Union Agriculture Minister, Mr Radha Mohan Singh has approved the Draft Operational Guidelines of Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) which was formulated in consultation with different Ministries and Departments including other stakeholders , claimed a press release from PIB.
The Cabinet Committee on Economic Affairs chaired by Prime Minister has accorded approval of Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) in its meeting held in the first week of current month.
PMKSY has been conceived as an amalgamation of ongoing schemes viz. Accelerated Irrigation Benefit Programme (AIBP) of the Ministry of Water Resources, River Development & Ganga Rejuvenation (MoWR, RD&GR), Integrated Watershed Management Programme (IWMP) of Department of Land Resources (DoLR) and the On Farm Water Management (OFWM) of Department of Agriculture and Cooperation (DAC).
PMKSY is approved for implementation across the country with an outlay of Rs. 50,000 crore in five years, with an outlay of Rs.5300 crore for 2015-16 which includes Rs. 1800 crore for DAC; Rs. 1500 crore for DoLR; Rs. 2000 crore for MoWR(Rs. 1000 crore for AIBP; Rs. 1000 crores for PMKSY).
The major objective of PMKSY is to achieve convergence of investments in irrigation at the field level, expand cultivable area under assured irrigation, improve on-farm water use efficiency to reduce wastage of water, enhance the adoption of precision-irrigation and other water saving technologies“(More crop per drop)”, enhance recharge of aquifers and introduce sustainable water conservation practices by exploring the feasibility of reusing treated municipal waste water for peri-urban agriculture and to attract greater private investment in precision irrigation system, claimed the release.