micro-irrigation-fund-pib

  • Government has created a dedicated Micro Irrigation Fund (MIF) of Rs. 5000 crores with National Bank for Agriculture and Rural Development (NABARD) under Pradhan Mantri Krishi Sinchayee Yojana (PMKSY).
  • Its objective is to facilitate States in mobilizing resources for expanding coverage of Micro Irrigation and incentivizing its adoption beyond provisions of Pradhan Mantri Krishi Sinchayee Yojana-Per Drop More Crop (PMKSY-PDMC). 
  • Ministry of Agriculture and Farmers Welfare (MoA&FW) is the Nodal Ministry. 
  • The objective of the fund is to facilitate State Govts. efforts in mobilizing additional resources for expanding coverage under micro irrigation and incentivizing its adoption beyond provisions of PMKSY-PDMC. A total amount of Rs. 2841.57 cr stands sanctioned as on 31 March 2020 under the Fund.   
  • The Government has set the target of covering 100 lakh ha in five years under micro-irrigation.
  • The Department of Agruculture, Cooperation & Farmers Welfare (DAC & FW) is implemting Per Drop More Crop component of Pradhan Mantri Krishi Sinchayi Yojna (PMKSY-PDMC) Since 2015-16 for enhancing water use efficiency ih agriculture sector.