The Pradhan Mantri Krishi Sinchai Yojana (PMKSY) is a centrally sponsored scheme launched by the Government of India in 2015. The scheme aims to provide financial assistance to farmers for the installation of micro-irrigation systems.
The scheme is open to all farmers who own less than 2 hectares of land. The financial assistance is provided in the form of a loan, which is to be repaid over a period of 5 years. The loan is interest-free for the first two years.
The scheme has been well-received by farmers and has helped to increase the adoption of micro-irrigation systems. The scheme has also helped to improve the efficiency of water use and has led to an increase in crop production.
Here are some of the benefits of the PMKSY scheme:
- It provides financial assistance to farmers for the installation of micro-irrigation systems.
- It helps to increase the adoption of micro-irrigation systems.
- It helps to improve the efficiency of water use.
- It leads to an increase in crop production.
- It helps to reduce the cost of production.
- It helps to improve the quality of produce.
- It helps to increase the income of farmers.
- It helps to reduce the burden on farmers.
- It helps to improve the standard of living of farmers.
The PMKSY scheme is a major step towards ensuring food security in India. The scheme has helped to increase the adoption of micro-irrigation systems and has led to an increase in crop production. The scheme is a major boost to the agricultural sector and is helping to promote sustainable agriculture.