Rashtriya Krishi Vikas Yojana
Agriculture continues to be the mainstay for Indians, with a large percentage of the population still engaged in agricultural activities. The Central Government, in a bid to improve agricultural production in states, started the Rashtriya Krishi Vikas Yojana, to help states secure financial aid when it comes to creating a strategy to increase production.
Part of the 11th five year plan, it hopes to help the agricultural sector grow steadily every year.
Aim of Rashtriya Krishi Vikas Yojana
The primary aim of this scheme is to help states reach their potential when it comes to agricultural output. It aims to incorporate new techniques and strategies to rejuvenate agriculture in the country, helping us achieve our true potential. The scheme hopes to provide incentives to states to increase investment in agriculture and create a conducive atmosphere.
The focus of Rashtriya Krishi Vikas Yojana is to help states prepare agricultural plans on the basis of their unique agro-climatic conditions and availability of resources. Utilising the latest technology to increase yield and prioritising local produce are other major aims of this scheme. The plan also hopes to eliminate inequality among farmers by reducing the gap between small and big farmers, helping them bridge the gap in production.
Rashtriya Krishi Vikas Yojana Eligibility Criteria
This is a centrally sponsored scheme which offers funds to states in the form of grants. All the states and Union territories in India are eligible for financial assistance under the Rashtriya Krishi Vikas Yojana, subject to them utilising this amount for the improvement and development of agriculture in their state.
A particular state should ensure that it spends a proportionate amount on agriculture and agriculture related sectors, with special attention paid to the needs of marginalised farmers. A detailed plan should be prepared by the Department of Agriculture, highlighting the intended use of funds for a particular period.
A particular state can then pass on this amount to farmers or communities engaged directly in agricultural activities.
How can individuals avail the benefits of this scheme?
Farmers and individuals directly engaged in agriculture can avail benefits of this scheme by approaching the relevant state government office.
This is typically the Agriculture Department, which can choose to pass on the amount to people in the form of either a loan, subsidy or agricultural material.
Certain states also provide assistance through local self-governments, ensuring that funds can reach a wider population.
Note: The usage of funds depends on a particular state government, with different governments following different rules and regulations.
FAQs on Rashtriya Krishi Vikas Yojana
- What is Rashtriya Krishi Vikas Yojana?
The Rashtriya Krishi Vikas Yojana (RKVY) - Remunerative Approaches for Agriculture and Allied sector Rejuvenation (RAFTAAR) programme seeks to transform farming into a profitable economic activity. It aims at supporting farmers' efforts, reducing risk, and encouraging agri-business entrepreneurship.
- Does RKVY only apply to agriculture and allied sector?
Yes, RKVY only applies to agriculture and allied sector.
- What is the maximum age limit to apply for Rashtriya Krishi Vikas Yojana?
While there isn’t any maximum age limit to apply for Rashtriya Krishi Vikas Yojana, the applicant must not be a minor.
- Do I have to pay any fee to apply for Rashtriya Krishi Vikas Yojana?
No, you do not have to pay any fee to apply for Rashtriya Krishi Vikas Yojana.
- What is the payment mode for Rashtriya Krishi Vikas Yojana?
The payment mode for Rashtriya Krishi Vikas Yojana is Direct Benefit Transfer (DBT).
- Do research and extension services get financial assistance from Rashtriya Krishi Vikas Yojana?
Yes, Rashtriya Krishi Vikas Yojana offers financial support for the expansion of agricultural research and extension services in addition to the preservation and development of natural resources.
- What annual growth rate did National Development Council (NDC) aim to achieve for the eleventh five-year plan (2007-2012)?
During the eleventh five-year plan (2007–2012), NDC aimed at attaining 4% annual growth.
- Who implemented Rashtriya Krishi Vikas Yojana?
Ministry of Agriculture and Farmers' Welfare implemented Rashtriya Krishi Vikas Yojana.
- What areas of focus does Rashtriya Krishi Vikas Yojana have?
Rashtriya Krishi Vikas Yojana includes a number of agricultural sub-sectors, including horticulture, agroforestry, animal husbandry, fisheries, and crop production.
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