PM Krishi Sinchai Yojana Allocation Drops to ₹6,587 Crore in Budget 2026
Budget
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CNBC TV18•01-02-2026, 16:36
PM Krishi Sinchai Yojana Allocation Drops to ₹6,587 Crore in Budget 2026
- •The Union Budget 2026 allocates ₹6,587 crore to the Pradhan Mantri Krishi Sinchai Yojana (PMKSY) for FY27, a decrease from ₹8,260 crore in Budget 2025.
- •The revised estimates for Budget 2025 indicate actual expenditure for PMKSY was ₹6,372 crore, lower than the initial allocation.
- •PMKSY is an umbrella scheme with components like Accelerated Irrigation Benefits Programme (AIBP) and Har Khet Ko Pani (HKKP), aiming to enhance irrigation and water-use efficiency.
- •The watershed development component of PMKSY receives ₹2,500 crore for FY27, similar to the previous year's allocation, though revised estimates for 2025 were ₹1,500 crore.
- •Land acquisition remains a major bottleneck; however, underground pipelines and SCADA-based systems are improving efficiency and avoiding land acquisition.
Why It Matters: PMKSY budget allocation sees a significant drop in 2026, despite ongoing efforts to improve irrigation efficiency.
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