The Union Ministry of Water Resources,.....and the National Water Development Agency (NWDA) signed a revised Memorandum of Agreement (MoA) for funding of central share of 99 prioritised irrigation projects under Pradhan Mantri Krishi Sinchayee Yojana (PMKSY).

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The Union Ministry of Water Resources,____and the National Water Development Agency (NWDA) signed a revised Memorandum of Agreement (MoA) for funding of central share of 99 prioritised irrigation projects under Pradhan Mantri Krishi Sinchayee Yojana (PMKSY).

A	SIDBI
B	RBI
C	NABARD
D	SEBI

Explanation:

Detailed explanation-1: -Funding pattern is 60% from the Central Government and 40% from the State. For North East and Himalayan States, the cost share is 90: 10 from the Centre and State. For UTs, the programme is funded 100% by the Central Government.

Detailed explanation-2: -From 1st April, 2014, NMMI was subsumed under National Mission on Sustainable Agriculture (NMSA) and implemented as “On Farm Water Management” (OFWM) during the financial year 2014-15.

Detailed explanation-3: -Budget of Rs. 4, 000 crore has been provisioned for providing subsidy under PDMC during 2021-22.

Detailed explanation-4: -The PMKSY-PDMC is a Centrally Sponsored Scheme and the funds under the scheme is shared between Central Government and State Government in the ratio of 60:40 for all States except the North Eastern and Himalayan states wherein sharing pattern is 90:10.

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