Rashtriya Krishi Vikas Yojana

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Rashtriya Krishi Vikas Yojana

Nodal Ministry: Ministry of Agriculture and Farmers Welfare

What is RKVY?

• It was initiated in 2007 as an umbrella scheme for ensuring holistic development of agriculture and allied sectors by allowing states to choose their own agriculture and allied sector development activities as per the district/state agriculture plan.

• It incentivizes states to increase public investment in agriculture & allied sectors.

Important sub-schemes of RKVY:

• Bringing Green Revolution to Eastern India

• Crop Diversification Program

• Reclamation of Problem Soil

• Foot and Mouth Disease- Control Program

• Saffron Mission

• Additional Fodder Development Programme

Rashtriya Krishi Vikas Yojana – RAFTAAR (RKVY – RAFTAAR)

Ministry of Agriculture and Farmers Welfare

What is RKVY-RAFTAAR?

The Union Cabinet in November 2017 approved the continuation of the ongoing Centrally Sponsored Scheme – Rashtriya Krishi Vikas Yojana (RKVY) as Rashtriya Krishi Vikas Yojana- Remunerative Approaches for Agriculture and Allied Sector Rejuvenation (RKVY-RAFTAAR) for three years i.e. 2017-18 to 2019-20.

Aim: Making farming a remunerative economic activity through strengthening the farmer’s effort, risk mitigation and promoting agri-business entrepreneurship.

Funding Pattern: 60:40 between Centre and States (90:10 for North Eastern States and Himalayan States).

Objectives:

• To strengthen the farmers’ efforts through creation of required pre and postharvest agriinfrastructure and enable farmers to make informed choices.

• To provide autonomy, flexibility to States to plan and execute schemes as per local/farmers’ needs.

• To promote value chain addition linked production models that will help farmers increase their income as well as encourage production/productivity.

• To mitigate risk of farmers with focus on additional income generation activities – like integrated farming, mushroom cultivation, bee keeping, aromatic plant cultivation, floriculture etc.

• To attend national priorities through several sub-schemes.

• To empower youth through skill development, innovation and agri-entrepreneurship based agribusiness models that attract them to agriculture.

Process and Mechanism/Utilization of Funds: Regular RKVY-RAFTAAR:

• Infrastructure and assets: Includes both pre-harvest and post-harvest infrastructure.

• Value addition linked production projects: will provide assured/ additional income to farmers including Public Private Partnership for Integrated Agriculture Development (PPPIAD) projects

• Flexi funds: States can use this fund for supporting any projects as per their local needs preferably for innovative activities in agriculture and allied sectors.

RKVY-RAFTAAR special sub-schemes:

• They are based on national priorities as notified by Government of India from time to time for development of region and problem specific areas.

• Innovation and agri-entrepreneur development: It will support incubatees, incubation centers, KVKs, awards etc.

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