financetom
Economy
financetom
/
Economy
/
Budget 2020: 41% jump in micro-irrigation allocation. Is it sufficient to meet agriculture water shortage?
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Budget 2020: 41% jump in micro-irrigation allocation. Is it sufficient to meet agriculture water shortage?
Feb 3, 2020 6:03 AM

The Budget allocation for the micro irrigation scheme of the government has seen a 41 percent increase compared to the revised estimates for the current financial year. Finance Minister Nirmala Sitharaman has allocated Rs 11,127 crore under this scheme for FY21.

However, experts point out to the lower expenditure in the scheme in FY20. There was 18 percent unutilised fund of the allocated sum in the current financial year for the scheme that promotes ‘Per Drop More Crop’ by focusing on micro-irrigation systems (sprinkler, drip, pivots, rain-guns etc).

At Rs 7,896 crore in revised estimates for FY20, it is in fact marginally lower than the actual expenditure in FY18-19, which was at Rs 8143 crore.

Some say that certain states submit their data and reports later and so the expenditure might go up when the actual spend is announced.

Rajasthan, Maharashtra, Andhra Pradesh, Karnataka, Gujarat and Haryana are the six states that cover over 81 percent of the total area under micro irrigation. Considering large arid pockets in these regions and the states supporting micro-irrigation through subsidies, the central budgeted fund utilisation has seen more progress in these states.

However, other states such as Punjab, where an over dependence on ground water has created many blocks as dark zones are also looking at promoting micro irrigation as a tool to conserve water.

Ashok Dalwai, CEO of the Doubling Farmers' Income Committee, formed by the government, said, “There has been growing awareness in states like UP and Punjab that we need to use water efficiently to reduce cost of cultivation and improve soil health. We need to create more awareness and then PMKSY scheme can focus in these states as well.”

Water is becoming a focus with the finance minister emphasising on comprehensive measures for 100 water-stressed districts to overcome the shortage. Jal Shakti Ministry’s measures for water management is also expected to drive water management programs, he said.

Talking on the increased allocation, Dalwai said: “The government needs to ensure that we have budgetary and non-budgetary support and we have to emphasise on utilisation. Both have to run parallel.”

“Implementation needs to be more efficient. The central and state governments have to work together. Centre needs to educate states, ask them to submit proposals, start releasing money in time, push works.”

Apart from the budgetary support, last year the government had also approved an initial corpus of Rs 5000 crore for setting up a dedicated “Micro Irrigation Fund” with National Bank of Agricultural and Rural Development (NABARD). NABARD will extend loans to state governments to undertake special micro irrigation projects.

First Published:Feb 3, 2020 3:03 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US economy at risk of wobble as lower-income consumers get squeezed
US economy at risk of wobble as lower-income consumers get squeezed
Nov 3, 2025
WASHINGTON (Reuters) -The U.S. consumer's durability as a prop for the economy may be tested in coming weeks as family budgets, particularly among the less affluent, are stressed by rising healthcare costs, the potential loss of federal food benefits, and a wobbly job market outlook that is already taking a toll on earnings. November is typically the start of a...
Bitcoin Drop May Be Warning for Stocks: Crypto Daybook Americas
Bitcoin Drop May Be Warning for Stocks: Crypto Daybook Americas
Nov 3, 2025
By Omkar Godbole (All times ET unless indicated otherwise) The crypto market remains under pressure and falling in October. Bitcoin (BTC) has dropped 3% to $107,500 in the past 24 hours, while ETH, XRP, BNB and SOL have seen even bigger losses. The CoinDesk 20 Index fell more than 4%. Among the top 100 coins, only ICP, ASTER and HASH...
US Dollar Rises Early Monday, Focus on Private Data With Government Data Missing
US Dollar Rises Early Monday, Focus on Private Data With Government Data Missing
Nov 3, 2025
07:56 AM EST, 11/03/2025 (MT Newswires) -- The US dollar rose against its major trading partners early Monday with the focus on private-source data, as government data, particularly Friday's scheduled employment report, continue to be delayed by the ongoing government shutdown. On Monday, the S&P Global manufacturing report for October is due to be released at 9:45 am ET, followed...
Fed's Miran: Can't judge stance of monetary policy from buoyant financial markets
Fed's Miran: Can't judge stance of monetary policy from buoyant financial markets
Nov 3, 2025
WASHINGTON (Reuters) -Federal Reserve Governor Stephen Miran said it is wrong to put too much emphasis on the strength of equity and corporate credit markets in assessing monetary policy that he feels remains too restrictive and is heightening the risk of a downturn. Financial markets are driven by a lot of things, not just monetary policy, Miran said on the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved