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Home Co-op News Snippets

Govt releases micro irrigation funds to states

Amit Awana by Amit Awana
June 12, 2020
in Co-op News Snippets
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Govt releases micro irrigation funds to states
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The central govt Department of Agriculture Cooperation & Farmers’ Welfare has begun releasing funds to some states out of Rs 4,000 crore earmarked for the purpose of micro irrigation, claims a govt release.

The fund created with Nabard is part of the ‘Per Drop More Crop’ component of Pradhan Mantri Krishi Sinchayee Yojana (PMKSY- PDMC) which focuses on enhancing water use efficiency at farm level through Micro Irrigation technologies viz. 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.

Micro Irrigation Fund corpus of Rs. 5000 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.

Tags: agricultureBreakingcooperativeFundMicro Irrigationnabard
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