AbstractRice is a staple food for more than half of the global population. With the increasing population, the yield of rice must correspondingly increase to fulfill the requirement. Rice is cultivated worldwide in four different types of ecosystems, which are limited by the availability of irrigation water. However, water-limiting conditions negatively affect rice production; therefore, to enhance productivity under changing climatic conditions, improved cultivation practices and drought-tolerant cultivars/varieties are required. There are two basic approaches to cultivation: (1) plant based and (2) soil and irrigation based, which can be targeted for improving rice production. Crop plants primarily follow three mechanisms: drought escape, avoidance, and tolerance. Based on these mechanisms, different strategies are followed, which include cultivar selection based on yield stability under drought. Similarly, soil- and irrigation-based strategies consist of decreasing non-beneficial water depletions and water outflows, aerobic rice development, alternate wetting and drying, saturated soil culture, system of rice intensification, and sprinkler irrigation. Further strategies involve developing drought-tolerant cultivars through marker-assisted selection/pyramiding, genomic selection, QTL mapping, and other breeding and cultivation practices such as early planting to follow escape strategies and decreasing stand density to minimize competition with weeds. Similarly, the identification of drought-responsive genes and their manipulation will provide a technological solution to overcome drought stress. However, it was the Green Revolution that increased crop production. To maintain the balance, there is a need for another revolution to cope with the increasing demand.