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Published on:
March 21, 2023
By
Prudhvi Raj

Rashtriya Krishi Vikas Yojana (RKVY)

The Rashtriya Krishi Vikas Yojana (RKVY) is an initiative launched by the Government of India to develop the agriculture sector and enhance the overall economic development of rural areas. The scheme aims to achieve this by providing financial assistance to states for various activities related to agriculture and rural development. The scheme was launched in 2007 and is implemented by the Ministry of Agriculture and Farmers Welfare.

The objectives of the RKVY are to increase the production and productivity of agriculture, reduce the cost of cultivation, improve the availability of quality inputs, create rural employment opportunities, and enhance the income of farmers. The scheme also focuses on developing rural infrastructure and providing support for various activities such as land development, water management, crop management, and livestock development.

The RKVY is a flexible scheme that allows states to plan and implement projects that are in line with their specific agricultural development needs. The scheme provides financial assistance to states for the implementation of various projects, and the funding is provided in the form of grants. The scheme is implemented through a partnership between the central and state governments, and it is designed to achieve sustainable and inclusive growth in the agriculture sector.

Rashtriya Krishi Vikas Yojana (RKVY) Benefits

The Rashtriya Krishi Vikas Yojana (RKVY) provides several benefits to farmers and rural communities in India. Some of the key benefits are:

1. Increased Agricultural Production: The scheme aims to increase agricultural production and productivity through investments in infrastructure and technological upgradation. This includes investments in irrigation, water management, soil conservation, and other activities that lead to higher yields and better quality of crops and livestock.

2. Improved Livelihood Opportunities: RKVY provides livelihood opportunities to farmers and rural communities through diversification of agriculture and allied activities such as horticulture, animal husbandry, and dairy development. This helps to reduce dependence on traditional agriculture and increases the income of rural communities.

3. Enhanced Credit and Marketing Facilities: The scheme aims to improve the availability of credit, insurance, and marketing facilities to farmers and rural artisans. This helps to reduce their dependence on informal sources of credit and provides a more stable source of funding for their activities.

4. Reduction of Regional Imbalances: RKVY focuses on reducing regional imbalances in agriculture and allied sectors through focused investments in resource-deficient and drought-prone areas. This helps to ensure equitable distribution of resources and benefits to all regions of the country.

5. Encouragement of Private-Public Partnership: The scheme encourages private-public partnership in agriculture and allied sectors, which helps to leverage the strengths of both public and private sectors in promoting sustainable and profitable agriculture.

6. Increased Employment Opportunities: RKVY creates employment opportunities in rural areas, particularly for the youth and women, by promoting diversification of agriculture and allied activities. This helps to reduce migration from rural to urban areas and improves the overall livelihood of rural communities.

Rashtriya Krishi Vikas Yojana (RKVY) Eligibility

The Rashtriya Krishi Vikas Yojana (RKVY) is a scheme implemented by the Government of India to enhance the development of agriculture and strengthen the rural economy. The following are the eligibility criteria for the RKVY:

1. Farmers: The scheme is open to all farmers who are engaged in agricultural activities and are eligible to receive the benefits of the scheme.

2. Agricultural cooperatives: Agricultural cooperatives, including farmer producer organizations, can also avail the benefits of the scheme.

3. Agricultural Universities and Research Institutes: Agricultural Universities and Research Institutes can also participate in the scheme to support and promote agricultural development.

4. State Governments: The scheme is implemented through the State Governments, and they are responsible for the implementation and administration of the scheme in their respective states.

5. Private sector companies and organizations: Private sector companies and organizations can also participate in the scheme by providing technical and financial support to farmers.

Rashtriya Krishi Vikas Yojana (RKVY) Objectives

The Rashtriya Krishi Vikas Yojana (RKVY), or the National Agriculture Development Scheme, was launched by the Government of India in 2007 with the following objectives:

1. To promote agriculture and allied activities such as horticulture, animal husbandry, and dairy development in the country.

2. To increase the production and productivity of agriculture and allied sectors through investments in infrastructure and technological upgradation.

3. To reduce the gap between potential and actual yields of crops, livestock and fisheries through development of sustainable agriculture practices.

4. To provide remunerative prices to farmers and encourage value addition and marketing of agricultural and allied products.

5. To increase the investment in agriculture and allied sectors and promote private-public partnership.

6. To increase the livelihood opportunities in rural areas through diversification of agriculture and allied activities.

7. To improve the availability of credit, insurance and marketing facilities to farmers and rural artisans.

8. To reduce regional imbalances in agriculture and allied sectors through focused investments in resource-deficient and drought-prone areas.

9. To create sustainable and profitable agriculture and allied sectors through integrated approaches to farming.

How to Apply for Rashtriya Krishi Vikas Yojana (RKVY) ?

Namami Gange - A complete studyThe application process for the Rashtriya Krishi Vikas Yojana (RKVY) can vary depending on the state in which you reside. In general, the following steps may be involved in the application process:

1. Identifying the eligible projects: Identify the projects that are eligible for funding under the RKVY.

2. Preparation of Project Proposal: Prepare a detailed project proposal including the project description, cost estimates, and project timeline.

3. Approval from State Agriculture Department: The project proposal should be approved by the state agriculture department.

4. Submission of Project Proposal: Submit the approved project proposal to the state government for consideration and allocation of funds.

5. Approval of Funds: The state government will review the proposal and allocate funds, if approved.

6. Implementation of Project: Once the funds have been allocated, the implementation of the project can commence.

7. Monitoring and Evaluation: The implementation of the project will be monitored and evaluated regularly to ensure its progress and success.

It is important to note that the exact process may vary depending on the state in which you reside and the specific guidelines set by the state government. It is advisable to contact your local agriculture department or the state government for more information on the specific application process for the RKVY.

Rashtriya Krishi Vikas Yojana (RKVY) FAQs

1.What is Rashtriya Krishi Vikas Yojana (RKVY)?

Rashtriya Krishi Vikas Yojana (RKVY) is a scheme launched by the Government of India to promote sustainable and inclusive agricultural growth. The scheme aims to encourage investment in the agriculture sector and to improve the livelihoods of farmers and rural communities.

2. Who is eligible for Rashtriya Krishi Vikas Yojana (RKVY)?

The scheme is open to all farmers, farming communities, and agricultural organizations in India.

3. What are the objectives of Rashtriya Krishi Vikas Yojana (RKVY)?

The main objectives of the RKVY scheme are to:

1. Increase investment in the agriculture sector

2. Promote sustainable and inclusive agricultural growth

3. Improve the livelihoods of farmers and rural communities

4. Encourage the adoption of modern agricultural practices and technologies

5. Strengthen the agriculture sector in India and enhance its competitiveness.

4. What are the benefits of Rashtriya Krishi Vikas Yojana (RKVY)?

The benefits of the RKVY scheme include:

1. Increased investment in the agriculture sector

2. Improved access to modern agricultural practices and technologies

3. Improved agricultural productivity and yields

4. Enhanced competitiveness of the agriculture sector

5. Improved livelihoods for farmers and rural communities.

How can one apply for Rashtriya Krishi Vikas Yojana (RKVY)?

To apply for the RKVY scheme, individuals and organizations can approach their local agricultural department or the Department of Agriculture and Cooperation. Information on the application process and eligibility criteria can also be obtained from the official website of the Ministry of Agriculture and Farmers' Welfare.

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Updated on:
March 16, 2024