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    <title>Cabinet approves Corpus for Micro Irrigation Fund with NABARD under Pradhan Mantri Krishi Sinchayee Yojana</title>
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    <description>Approval creates a pan India Micro Irrigation Fund with NABARD under PMKSY to provide concessional lending to States, with interest subvention funded from PMKSY PDMC. The Fund supplements Per Drop More Crop by financing innovative and cluster based projects, enabling top up subsidies, permitting access by FPOs, cooperatives and state agencies with guarantees or collateral, and will be overseen by an Advisory Committee and a Steering Committee for appraisal, approval, phasing and monitoring while not substituting for State PMKSY PDMC shares.</description>
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