Pradhan Mantri Krishi Sinchayee Yojna
In India, micro-irrigation subsidy is covered under the Pradhan Mantri Krishi Sinchayee Yojna (known as PMKSY), which was launched on 1st of July 2015 with an intention to encourage Micro-Irrigation and promote its benefits through heavier subsidies based on the category of farmers. It aims at relieving farmers off the initial irrigation investment burden to a considerable extent. PMKSY is a multi-focused plan comprised of 4 elements.
- Accelerated Irrigation Benefit Program: It involves loan assistance to states to help them complete the incomplete major/ medium-sized irrigation projects that were at an advanced completion of the stage, thus accelerating the execution of the irrigation projects.
- PMKSY (Har Khet ko Pani): This refers to increase the cultivable land area under assured irrigation, and also increase the physical access of water on the farm.
- PMKSY (More Crop Per Drop): The focus here is improving water use efficiency in an organized and focused manner.
- PMKSY (Watershed Development): This program focuses on prudent utilization of water and land resources, through various mediums such as prevention of soil erosion, increasing crop productivity, harvesting rainwater, etc.
Through the micro-irrigation subsidy proposition that falls under the Per Drop More Crop element of PMKSY, both state and the central government, on an average, contribute to 55% and 45% of the total finances incurred in setting up irrigation systems for small and marginal farmers and for other farmers respectively. Nevertheless, state-specific variations exist.
