PMKSY Implementation Approved by Cabinet For 2021- 2026

The Cabinet Committee on Economic Affairs authorized the Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) for 2021-2026 on 15 December.

Highlights:

Rs.93,068 crores were spent on the scheme, and CCEA authorized Rs. 37,454 crore in government funding for states.

The debt servicing for a loan taken out by the Government of India to enhance Irrigation during PMKSY 2016-21 has been sanctioned at Rs 20,434.56 crore.

The Accelerated Irrigation Benefit Program (AIBP), Watershed Development, and Har Khet ko Paani (HKKP) components of the scheme have all been extended for 2021-2026.