Funding for PMKSY
Q. Which of the following statements is/are correct about PMKSY ?
1. A state will become eligible to access PMKSY funds only if it has prepared the district irrigation plans and state irrigation plans and sustained an increasing expenditure trend in irrigation sector in state plan.
2. PMKSY funds would be given to states as 75% grant by the central government & remaining 25% share by the state government.- Published on 13 Oct 15a. Only 1
b. Only 2
c. Both
d. None
ANSWER: Both
The newly launched Pradhan Mantri Krishi Sinchai Yojana (PMKSY) have allocation of Rs 50,000 crore spread over a period of five years
For northeastern region and hilly states, the funding pattern would be 90:10.