PMKSY Boosts Farmer Profits: 55% Subsidy for Drip Irrigation, Saves Water!

• Pradhan Mantri Krishi Sinchai Yojana (PMKSY) offers up to 55% subsidy (max ₹2 lakh) for drip irrigation equipment.
• Drip irrigation saves up to 70% water and 40% fertilizer, leading to a 20-30% increase in production.
• The scheme aims to provide regular irrigation facilities, reducing farmers' dependency on monsoons.
• Farmers can apply for the scheme by registering on the Agriculture Department's MPFSTS portal, with selection via lottery.
• Small farmers (<5 acres) receive a 55% grant, while large farmers (5+ acres) get 45%, with ₹70,000/hectare assistance.

Why It Matters: PMKSY's drip irrigation scheme offers significant subsidies, saving water and boosting farmer income.