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PM Rashtriya Krishi Vikas Yojana (PM-RKVY)

14 Nov 2024
2 min

Why in the News?

Recently, Cabinet approved consolidating Centrally Sponsored Schemes (CSS) operating under Ministry of Agriculture and Farmer's into two umbrella programs i.e PM-RKVY (cafeteria scheme) to promote sustainable agriculture and Krishonnati Yojana (KY) to address food security & agricultural self-sufficiency.

ObjectivesSalient features
  • To incentivize the states so as to increase public investment in Agriculture and allied sectors.
  • To provide autonomy, flexibility to States to plan and execute schemes as per local/ farmers' needs.
  • To strengthen the efforts of farmers through creation of pre & post-harvest agricultural infrastructure that increases access to quality inputs, storage, market facilities etc and enables farmers to make informed choice.
  • To promote value chain addition linked production models for increase in the farmer's income as well as encourage production/productivity
  • To empower youth through skill development, innovation and agri-entrepreneurship-based agribusiness models that attract them to agriculture.
  • Nodal Ministry: Ministry of Agriculture & Farmers Welfare
  • Funding: 90:10 per cent for Northeastern and hilly states;60: 40 per cent for other states; 100 per cent for UTs
  • Background: RKVY was initiated in 2007-08 as a flagship program to motivate states to create comprehensive agricultural plans that considered local climate, resources, and technology for holistic agricultural development.
    • In 2017-18, it was transformed into RKVY-RAFTAAR (Remunerative Approaches for Agriculture and Allied Sector Rejuvenation), shifting focus to pre- and post-harvest infrastructure development while promoting agricultural entrepreneurship, innovation, and value addition.
    • As per recommendation of Expenditure Finance Committee, RKVY has been re-structured as RKVY Cafeteria Scheme from 2022-23 by rationalizing various schemes of Department of Agriculture & Farmers Welfare.
  • State Level Sanctioning Committee Meeting (SLSC): Headed by the Chief Secretary of the concerned State, funds are released to the State Governments/ UTs based on projects approved in the SLSC.
  • Focus of the scheme: Adequate coverage of small and marginal farmers, Scheduled Castes, Scheduled Tribes and women and other weaker segments of society is to be ensured by the State Governments
  • The PM-RKVY comprises of the following schemes:
    • Soil Health Management
    • Rainfed Area Development
    • Agro Forestry
    • Paramparagat Krishi Vikas Yojana
    • Agricultural Mechanization including Crop Residue Management
    • Per Drop More Crop(PDMC)
    • Crop Diversification Programme
    • Accelerator Fund for Agri Startups
Tags:
Centrally Sponsored Schemes Rashtriya Krishi Vikas Yojana

Article Sources

1 source
1
https://pib.gov.in/PressReleaseIframePage.aspx?PRID=2061649
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