PM Krishi Sinchai Yojana Allocation Drops to ₹6,587 Crore in Budget 2026

• The Union Budget 2026 allocates ₹6,587 crore for the Pradhan Mantri Krishi Sinchai Yojana (PMKSY) for FY 2026-27, a reduction from the previous budget's ₹8,260 crore.
• The revised estimate for Budget 2025-26 expenditure on PMKSY is ₹6,372 crore, indicating lower actual spending than initially budgeted.
• Between FY22 and FY26, PMKSY received a total budget of ₹93,068 crore, funded by central assistance, NABARD, and state governments.
• PMKSY is an umbrella scheme comprising components like Accelerated Irrigation Benefits Program (AIBP) and Har Khet Ko Pani (HKKP), with sub-components focusing on water management and development.
• The Watershed Development Component (WDC) of PMKSY receives ₹2,500 crore for FY27, while the Per Drop More Crop (PDMC) component is now under Rashtriya Krishi Vikas Yojana.

Why It Matters: PMKSY sees a reduced allocation in Budget 2026, despite ongoing efforts to enhance irrigation and water efficiency.