India's Agriculture Schemes: PM-RKVY and KY Unveiled

The Union Cabinet has approved the rationalization of Centrally Sponsored Schemes (CSS) under the Ministry of Agriculture and Farmer's Welfare, creating two schemes: Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY) and Krishonnati Yojana (KY).

Rationalization of Agricultural Schemes

The Union Cabinet approved the Pradhan mantri Rashtriya Krishi Vikas Yojana (PM-RKVY) and Krishonnati Yojana (KY) of Centrally Sponsored Schemes (CSS) under the Ministry of Agriculture and Farmer's Welfare.
Total proposed expenditure: Rs. 1,01,321.61 crore, with Rs. 69,088.98 crore as central share and Rs. 32,232.63 crore as states' share.
PM-RKVY aims to promote sustainable agriculture, while KY addresses food security and agricultural self-sufficiency.

Key Components and Objectives

PM-RKVY components:

Soil Health Management
Rainfed Area Development
Agro Forestry
Paramparagat Krishi Vikas Yojana
Agricultural Mechanization including Crop Residue Management
Per Drop More Crop
Crop Diversification Programme
RKVY DPR component
Accelerator Fund for Agri Startups

Objectives of rationalization:

Avoid duplication and ensure convergence
Provide flexibility to states
Focus on emergent challenges: nutrition security, sustainability, climate resilience, value chain development, and private sector participation
Enable states to draw comprehensive strategic plans for the agriculture sector
Streamline approval process for Annual Action Plans

Implementation and Flexibility

Schemes to be implemented through state governments
States given flexibility to reallocate funds between components based on specific requirements
Leveraging technology for efficient and effective implementation
Continuation of existing schemes with additional focus on areas needing improvement
New initiatives introduced: National Mission for Edible Oil-Oil Palm, Clean Plant Program, Digital Agriculture, and National Mission for Edible Oil-Oil Seeds
Modified component for North Eastern states: MOVCDNER-Detailed Project Report (MOVCDNER-DPR)

Financial Allocation and Impact

PM-RKVY allocation: Rs. 57,074.72 crore
Krishonnati Yojana allocation: Rs. 44,246.89 crore
Aims to increase farmers' income and ensure food security
Focuses on production, productivity, and tackling emerging issues like climate-resilient agriculture
Promotes value chain approach for agricultural commodities
Encourages state-specific strategic planning for holistic agricultural development

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