Categories: National

GoI allocates Rs 4000 cr to State Governments under ‘PMKSY-PDMC’

The Government of India has allocated Rs 4000 crore to the State Governments under under ‘Per Drop More Crop’ component of Pradhan Mantri Krishi Sinchayee Yojana (PMKSY- PDMC) for the year 2020-21. The annual allocation of the fund will be distributed to the beneficiaries identified by the State Governments.

Click Here To Get Test Series For SBI PO 2020

The PMKSY-PDMC envisages to enhance water use efficiency at farm level with the application of Micro Irrigation technologies such as Drip and Sprinkler irrigation systems. Apart from water saving, the Drip micro irrigation technique also helps in reducing fertilizer usage, labour expenses and other input costs.

To expand the coverage of Micro Irrigation in the states, a Micro Irrigation Fund corpus of Rs 5000 crore has been created with National Bank for Agriculture and Rural Development (NABARD). It will also incentivise micro irrigation beyond the facilities available under PMKSY-PDMC to encourage farmers to install micro irrigation systems.

Find More National News Here

Mahesh Kumar

Working as an SEO Manager at Adda247, I bring over 10 years of experience in Search Engine Optimization (SEO) and digital marketing. I specialize in driving organic growth through data-driven strategies, including keyword research, on-page SEO, off-page optimization, and technical SEO. My area of expertise in the EdTech sector, specifically focusing on competitive exams such as Bank, SSC, Railway, UPSC, and various State Government job examinations.

Recent Posts

Who is Raghav Chadha? Check His Early Life, Education, Political Career and Net Worth

Raghav Chadha is a young Indian politician and Chartered Accountant who has made a quick…

2 days ago

National Parks in Tamil Nadu, Check their Names and Location

India is a country full of rich wildlife and natural beauty. It has hundreds of…

2 days ago

India’s 1968 Olympic Bronze Medalist Gurbax Singh Grewal Passed Away

The hockey veteran Mr. Gurbax Singh Grewal was passed away at the age of 84…

2 days ago

India to Participate in SCO Defence Talks as Rajnath Singh Heads to Bishkek

Respectable Defense Minister of India Rajnath Singh is set to visit the Bishkek Kyrgyzstan to…

2 days ago

Virat Kohli Becomes First Player in IPL History to Hit 800 Boundaries

India's veteran player Virat Kohli has become the first batter in the IPL history to…

2 days ago

US Announces Heavy Anti-Dumping Duty on Solar Cells and Panels from India

The US Department of Commerce has announced the preliminary anti-dumping duty on the solar cell…

2 days ago