Rashtriya Krishi Vikas Yojana, Objectives, Features, Funding Pattern

Rashtriya Krishi Vikas Yojana (PM-RKVY) boosts agricultural growth and farmers’ income through infrastructure, innovation, state-led planning and sustainable farming.

Rashtriya Krishi Vikas Yojana

The Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY) is a major centrally sponsored scheme of the Government of India aimed at accelerating agricultural growth and improving farmers’ income. The scheme focuses on strengthening agriculture and allied sectors through increased public investment, infrastructure creation, innovation, and state-specific planning. 

By adopting a decentralised and flexible approach, PM-RKVY plays an important role in ensuring food security, rural development, and sustainable agriculture in India.

Rashtriya Krishi Vikas Yojana Objectives

The objectives of PM-RKVY focus on inclusive, sustainable, and income-oriented agricultural development:

  • To encourage states to increase public investment in agriculture and allied sectors.
  • To enhance agricultural productivity and overall farm growth.
  • To strengthen agricultural and post-harvest infrastructure and reduce losses.
  • To promote diversification into high-value crops, horticulture, livestock, and fisheries.
  • To encourage adoption of modern, innovative, and climate-resilient farming practices.
  • To ensure efficient and sustainable use of natural resources such as soil and water.
  • To reduce regional disparities in agricultural development.
  • To enhance farmers’ income and improve rural livelihoods.
  • To promote agribusiness, food processing, and value-chain development.

Also Read: PM VIKAS Scheme

Pradhan Mantri Rashtriya Krishi Vikas Yojana Features

The Pradhan Mantri Rashtriya Krishi Vikas Yojana has several important features that make it a comprehensive agricultural development programme:

  • State-Led and Decentralized Approach: States have the flexibility to plan and implement agricultural projects according to local priorities.
  • Growth-Oriented Scheme: The scheme aims to achieve a sustained annual growth rate of around 4 percent in agriculture and allied sectors.
  • Wide Sectoral Coverage: It supports crop production, horticulture, livestock, fisheries, organic farming, agricultural research, and marketing infrastructure.
  • Incentive-Based Funding: States receive financial assistance based on their commitment to increasing public investment in agriculture.
  • Infrastructure Development: Support is provided for irrigation facilities, warehouses, cold storage, soil testing laboratories, rural markets, and farm mechanization.
  • Promotion of Innovation: Encourages adoption of modern technologies such as precision farming, climate-resilient agriculture, and digital advisory services.
  • Farmer Welfare and Capacity Building: Includes training programmes, extension services, and skill development initiatives for farmers.
  • Support for Value Addition: Emphasis on food processing, agribusiness development, Farmer Producer Organizations (FPOs), and supply chain strengthening.

Also Read: Pradhan Mantri Schools for Rising India (PM-SHRI) Scheme

Rashtriya Krishi Vikas Yojana Funding Pattern

PM-RKVY is a centrally sponsored scheme with a shared funding pattern:

  • General States: 60 percent Centre and 40 percent State
  • North-Eastern and Hilly States: 90 percent Centre and 10 percent State
  • Union Territories: 100 percent central funding

Sub-Schemes under Rashtriya Krishi Vikas Yojana

The PM-RKVY comprises of the following schemes:

Sub-Schemes under Rashtriya Krishi Vikas Yojana
Sub-Scheme Objectives Benefits

Soil Health Management

Improve soil fertility and productivity

Soil testing, soil health cards, nutrient management, and farmer training

Rainfed Area Development

Enhance productivity in rainfed regions

Water conservation, drought-resistant crops, watershed management, and improved farming practices

Agroforestry

Promote tree-based farming systems

Integration of trees with crops, sustainable land use, and additional income sources for farmers

Paramparagat Krishi Vikas Yojana (PKVY)

Encourage organic farming

Support for certified organic crops, training, and market linkages for organic produce

Agricultural Mechanization including Crop Residue Management

Increase farm efficiency and sustainability

Farm machinery, mechanized harvesting, crop residue management to reduce stubble burning

Per Drop More Crop (Micro Irrigation)

Improve water use efficiency

Drip and sprinkler irrigation, water-saving technologies, and higher crop productivity

Crop Diversification Programme

Encourage cultivation of high-value crops

Promotion of horticulture, medicinal plants, pulses, oilseeds, and other remunerative crops

RKVY DPR Component

Support state-specific agriculture projects

Funding for district/state-level projects based on Annual Action Plans (AAPs) and local needs

Accelerator Fund for Agri Startups

Promote agripreneurship

Seed funding, incubation support, start-ups in agri-processing, technology, and allied sectors

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Rashtriya Krishi Vikas Yojana FAQs

Q1. What is Rashtriya Krishi Vikas Yojana (RKVY)?+

Q2. What are the main objectives of RKVY?+

Q3. Who implements RKVY?+

Q4. What is the funding pattern under RKVY?+

Q5. Which sectors are covered under RKVY?+

Tags: rashtriya krishi vikas yojana

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