Agri sector gets a boost with Rs 50,000 crore scheme

Pradhan mantri krishi sinchai yojana will achieve convergence of investments in irrigation

GN Bureau | July 2, 2015


#agriculture   #irrigation   #narendra modi   #finance minister   #arun jaitley   #water management  

The government has unveiled an ambitious programme to increase agriculture sector output and efficient management of water resources. For this it will spend Rs 50,000 crore over the next five years under the newly launched pradhan mantri krishi sinchai yojana (PMKSY). The allocation for the current fiscal is Rs 5,300 crore.

The decision was taken at the meeting of cabinet committee on economic affairs headed by prime minister Narendra Modi on Wednesday.

"It has been decided that in 5 years, Rs 50,000 crore from the central Budget would be utilised for the Pradhan Mantri Krishi Sinchai Yojana. States' share will be over and above this," finance minister Arun Jaitley said on Thursday while communicating the Cabinet decision.

"The major objective of the PMKSY is to achieve convergence of investments in irrigation at the field level, expand cultivable area under assured irrigation (har khet ko pani), improve on-farm water use efficiency to reduce wastage of water, enhance adoption of precision-irrigation and other water-saving technologies (more crop per drop)," he said.

The scheme is also aimed at enhancing recharging of aquifers and introducing sustainable water conservation practices by exploring feasibility of re-using treated municipal water for peri-urban agriculture and attracting greater private investment in precision irrigation.

This year the programme is expected to bring an additional 6 lakh hectares under irrigation while 5 lakh hectares will benefit from drip irrigation. Currently, 142 million hectares are used for cultivation, of which only 45 percent farm land is under irrigation.

 It will also help in the completion of 1,300 watershed projects.

"The scheme also aims at bringing ministries, departments, agencies, research and financial institutions engaged in creation/recycling/potential recycling of water under a common platform so that a comprehensive and holistic view of the entire "water cycle" is taken into account and proper water budgeting is done for all sectors," he said.

The programme architecture of PMKSY looks at a 'decentralised state-level planning and execution' structure in order to allow states to draw up a District Irrigation Plan (DIP) and a State Irrigation Plan (SIP), he said.

All structures created under the schemes will be geo-tagged, he added.

National agricultural market

The government has also allocated Rs 200 crore for three years to set up an online national agriculture market by integrating 585 wholesale markets across India -- a move that would help farmers realise better prices.

The cabinet approved a central sector scheme for promotion of national agricultural market through agri-tech infrastructure fund.

"An amount of Rs 200 crore has been earmarked for the scheme from 2015-16 to 2017-18," an official statement said. The department of agriculture will set it up by creation of a common electronic platform deployable in selected regulated markets across the country.

Comments

 

Other News

Will Delhi see the highest ever turnout in the upcoming civic polls?

Historically, voter turnout for local elections has lagged behind state assembly elections and general elections.    For example, a recent report by Janaagraha shows that Surat recorded 40 percent voter turnout in local polls, 30 percent less than state elections

Women sensitized about their rights

 A group of women were sensitized about their rights at a workshop held in the national capital on Saturday. They were informed about the anti-harassment laws and legal provisions to safeguard women inside and outside their workplace.   The workshop – organ

AAP’s uncertain future, irony of being Advani, and an author seeks freedom of speech

The Narendra Modi- Arvind Kejriwal antagonism has always been about two different kinds of populism. While it may not play out in a municipal election, the fact remains that a Kejriwal chastened by Goa and Punjab faces a mid-term test in the municipal elections. For a politician harbouring intentions of

Petro-products home delivery isn’t a new idea

A plan to home-deliver petroleum products may look like an out-of-the-box idea, but it is not exactly a new one. Petroleum minister Dharmendra Pradhan tweeted: “Options being explored where petro products may be door delivered to consumers on pre booking. This would help consumers avoi

Freedom of speech is an index of maturity of a society: Author Githa Hariharan

How do you view the state of contemporary Indian literature? Our cultural spaces are in a bad state – and this affects the writing, publishing and reading of literature. Over the last few years, we have seen far too many cases of the self-appointed thought police intim

A recurrent script plays out again in Odisha

On February 28, 2017, Khainu (Hadu) Bagarti, a farmer from Bargarh district of Odisha, died at the Burla government hospital. Burdened by crop failure and debt, he had consumed pesticide. This was spoken of as the state’s first farmer suicide of the year, as if it were a distinction. But the



Video

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter