The finance minister further said 20 lakh farmers will be provided funds for setting up standalone solar pumps.
The government has also proposed a comprehensive measure for 100 water stressed districts, she added.
Besides, the Centre also proposes plans to help farmers use proper manure and little water and encourage balanced use of fertilisers, the minister said.
Balanced use of fertiliser will bring about change in prevailing regime of providing incentive for use of chemical fertiliser, Sitharaman said.
The finance minister also said that Food Corporation of India and Warehousing Corporation of India to build warehousing facility on their land.
She said NABARD will map and geo-tab 162 million tonne capacity agri-warehouses across the country.