RKVY is implemented by state governments, guided and funded by the central government, with states preparing Annual Action Plans aligned to local priorities.

Rashtriya Krishi Vikas Yojana, Objectives, Features, Funding Pattern

Q: What is Rashtriya Krishi Vikas Yojana (RKVY)?

RKVY, launched in 2007, is a centrally sponsored scheme incentivising states to invest in agriculture and allied sectors, promoting growth and farmer welfare.

Q: What are the main objectives of RKVY?

Objectives include promoting agricultural growth, increasing farmers’ income, supporting infrastructure, encouraging innovation, strengthening value chains, ensuring sustainability, and enhancing rural livelihoods.

Q: What is the funding pattern under RKVY?

Funding: General states 60:40, North-Eastern/hilly states 90:10, Union Territories 100% central funding, ensuring financial support while promoting state participation in agriculture.

Q: Which sectors are covered under RKVY?

RKVY covers crops, horticulture, livestock, fisheries, organic farming, soil health management, post-harvest infrastructure, marketing, and allied sectors to boost productivity and income.

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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