Rashtriya Krishi Vikas Yojana (RKVY), also known as Krishi Vikas Yojana, it is a flagship initiative by the Government of India aimed at promoting agricultural growth and development across the country.
This scheme was launched in 2007 to address the challenges faced by farmers and to increase productivity in the agriculture and related sector. Therefore, in this article, we have provided all the important information about this scheme in a very simple manner.
What is Rashtriya Krishi Vikas Yojana?
The aim of Rashtriya Krishi Vikas Yojana (RKVY) is to increase investment in the agricultural sector so that the state government can provide financial assistance for comprehensive agricultural schemes. This initiative of the Central Government gives states more flexibility and freedom in selecting projects according to their specific agricultural needs, like Krishi Vikas (agricultural development) projects.
Each state designs a District Agriculture Plan (DAP) and a State Agriculture Plan (SAP), which are then granted for funding. This procedure ensures that local needs are effectively addressed, resulting in holistic development of the agricultural sector through different states.
Goals of Rashtriya Krishi Vikas Yojana
The primary objectives of Rashtriya Krishi Yojana are to:
- Enhance Agricultural Growth: Its main objective is to increase agricultural productivity and farmers’ income.
- Promote Inclusive Development: Addressing regional needs by focusing on local crops, climatic conditions and preferences.
- Minimize Yield Gaps: To bridge the gap in crop yield across different regions and states by providing specific solutions for all the states of our country.
- Support Farmers’ Income: To maximise the profits of farmers by improving their overall production and infrastructure
- Foster Innovation: To encourage modern agricultural techniques as per the requirements of the situation in our India so that farmers can take advantage of it by using it.
Key Advantages of Rashtriya Krishi Vikas Yojana for Farmers
The Krishi Vikas Yojana offers farmers many benefits that directly improve their agricultural practices and profits:
- Improved Access to Resources: Farmers get new high quality seeds, fertilizers, equipment and machinery, which can help them improve crop yield.
- Skill Development: RKVY scheme also works to provide training and awareness on modern farming techniques, soli’s health and management of pest.
- Infrastructure Development: Essential infrastructure such as storage and irrigation facilities reduce post-harvest losses for farmers and support farming throughout the year.
- Financial Assistance for Allied Sectors: This scheme also supports dairy, poultry and fish farming so that farmers can bring vibrancy in their income strategies so that farmers can know about others farming.
- Focus on Sustainability: By supporting organic farming, bio-fertilizers and soil health card, the RKVY scheme encourages sustainable practices that are beneficial to the environment and reduce long-term costs.
Funding Mechanism of Krishi Vikas Yojana
RKVY offers 100% central government endowments, divided into four key funding streams:
- Production Growth (35% of funds): Defined scheme supports activities like crop production, soil management, pest control, and farmer training.
- Infrastructure and Assets (35% of funds): It funds the development of cold storage, warehouses, irrigation systems, and agricultural markets.
- Special Schemes (20% of funds): This scheme focuses on national priorities, such as organic farming and sustainable agriculture practices.
- Flexi Funds (10% of funds): This one allows states to use funds for region-specific needs, enhancing the flexibility of the scheme.
This structure allows states to choose the best possible strategies for their unique agricultural conditions, ensuring that resources are efficiently utilized.
How to Apply for Rashtriya Krishi Vikas Yojana
To apply for Rashtriya Krishi Vikas Yojana (RKVY) funding, follow these steps:
- Contact Local Authorities: Reach out to your state’s agriculture department or nearby agricultural office to confirm eligibility and obtain application details.
- Prepare a Proposal: Based on district and state agriculture plans, outline your project in alignment with RKVY objectives.
- Submit for Approval: Submit the proposal through the appropriate district and state committees for review and funding allocation.
Official Resources:
Conclusion
Rashtriya Krishi Vikas Yojana is an important step to strengthen the agriculture sector of India. RKVY scheme helps state governments to provide suitable solutions to various agricultural challenges. National Agriculture Scheme through targeted support is rapidly enhancing productivity stability and farmer welfare across the country