Cabinet approves PM Rashtriya Krishi Vikas Yojana (PM-RKVY) and Krishonnati Yojana (KY)

The Union Cabinet on 3 October approved the proposal of the Department of Agriculture & Farmers Welfare (DA&FW) for rationalization of all Centrally Sponsored Schemes (CSS) operating under Ministry of Agriculture and Farmer’s into two-umbrella Schemes viz. Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY) and Krishonnati Yojana (KY).

  • PM-RKVY will promote sustainable agriculture, while KY will address food security & agricultural self-sufficiency.
  • All components shall leverage technology to ensure efficient and effective implementation of the various components.
  • The PM Rashtriya Krishi Vikas Yojana (PM-RKVY) and Krishonnati Yojana (KY) will be implemented with total proposed expenditure of Rs.1,01,321.61 crore.
  • These Schemes are implemented through the State Governments. By rationalization of the schemes, the States are given an opportunity to prepare a Comprehensive Strategic Document on Agriculture Sector of the State in a holistic manner.
  • By rationalization of the schemes, the States are given an opportunity to prepare a Comprehensive Strategic Document on Agriculture Sector of the State in a holistic manner.
  • The PM-RKVY comprises of the 9 schemes, which includes Soil Health Management, Rainfed Area Development, Agro Forestry, Paramparagat Krishi Vikas Yojana etc.

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