The Union Ministry of Water Resources, the NABARD and the National Water Development Agency (NWDA) signed a revised Memorandum of Agreement (MoA) for funding of central share of 99 prioritized irrigation projects under Pradhan Mantri Krishi Sinchayee Yojana (PMKSY).
The funding will be done through the Long Term Irrigation Fund (LTIF).
The revised MoA will enable the Ministry of Water Resources to release Central Assistance to prioritized projects under PMKSY as per the requirements from time to time.