Pradhan Mantri Krishi Sinchai Yojana

Pradhan Mantri Krishi Sinchai Yojana (PMKSY)
PM Modi chairing a high-level meeting on Pradhan Mantri Krishi Sinchai Yojana.jpg
Country	India
Prime Minister(s)	Narendra Modi
Ministry	Ministry of Agriculture & Farmers Welfare
Budget	₹500 billion (US$6.0 billion)
Status: Active

Pradhan Mantri Krishi Sinchai Yojana (PMKSY)(Hindi: प्रधानमंत्री कृषि सिंचाई योजना) is a national mission to improve farm productivity and ensure better utilization of the resources in the country. A budget of ₹500 billion (US$6.0 billion) in a time span of five years has been allocated to this scheme. The decision was taken on 1 July 2015 at the meeting of Cabinet Committee on Economic Affairs (CCEA), which in turn was headed by the Prime Minister, Narendra Modi.

Purpose

The primary objectives of PMKSY are to attract investments in irrigation system at field level, develop and expand cultivable land in the country, enhance ranch water use in order to minimize wastage of water, enhance crop per drop by implementing water-saving technologies and precision irrigation. The plan additionally calls for bringing ministries, offices, organizations, research and financial institutions occupied with creation and recycling of water under one platform so that an exhaustive and holistic outlook of the whole water cycle is considered. The goal is to open the doors for optimal water budgeting in all sectors.