Policy

Centre releases funds for irrigation scheme

Total funds of Rs. 6047.15 crore have been leveraged under Long Term Irrigation Fund (LTIF) through NABARD during 2017-18 so far

Centre releases funds for irrigation scheme

The Ministry of Water Resources, River Development and Ganga Rejuvenation during last week released, as a recent tranche for the financial year 2017-18, Central Assistance (CA) of Rs. 246.9 crore for 9 prioritised projects under Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) for Accelerated Irrigation Benefits Programme (AIBP) works and Rs. 487.80 crore for Command Area Development (CAD) works of 17 projects, a Government of India press release has said.

During 2017-18, so far, CA amounting to Rs. 1152.52 crore has been released for 26 priority projects under AIBP. Also, Rs. 3318.85 crore has been released as State share from National Bank for Agriculture and Rural Development (NABARD) for 24 priority projects under AIBP. For CAD works, CA amounting to Rs. 524.90 crore for 22 priority projects and Rs. 71.52 crore as State share has been released through NABARD, the press release said.

Thus, total funds of Rs. 6047.15 crore have been leveraged under Long Term Irrigation Fund (LTIF) through NABARD during 2017-18 so far, the statement noted.

According to the release, further, Rs. 436 crore have been released under PMKSY- Har Khet Ko Pani (HKKP) for Surface Minor Irrigation (SMI) and Repair, Renovation and Restoration (RRR) schemes for various States.

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