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.

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