Cabinet approves PM-RKVY, Krishonnati Yojana for sustainable agriculture and self sufficiency

The Union Cabinet has approved a proposal to merge all Centrally Sponsored Schemes under the Ministry of Agriculture into two main schemes: the Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY) and the Krishonnati Yojana (KY). With a total budget of Rs 1,01,321.61 crore, these schemes will focus on sustainable farming, and food security, and provide states with the flexibility to create tailored agricultural strategies. Enhanced use of technology will ensure effective implementation while addressing key agricultural challenges such as climate resilience and value chain development

Team RuralVoice

Published: Oct 4, 2024 - 12:45 Updated: Oct 4, 2024 - 14:14

Cabinet approves PM-RKVY, Krishonnati Yojana for sustainable agriculture and self sufficiency

The Union Cabinet approved a proposal from the Department of Agriculture and Farmers Welfare (DA&FW) on Thursday to rationalization all Centrally Sponsored Schemes (CSS) under the Ministry of Agriculture into two main schemes: the Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY) and the Krishonnati Yojana (KY). The PM-RKVY will focus on sustainable farming, while the KY will work on improving food security and making agriculture self-sufficient. Both schemes will use technology to ensure their different parts are carried out effectively and efficiently.

The PM Rashtriya Krishi Vikas Yojana (PM-RKVY) and Krishonnati Yojana (KY) will be implemented with the total proposed expenditure of Rs.1,01,321.61 crore. These Schemes are implemented through the State Governments.

This exercise ensures that all the existing schemes are being continued. Wherever it was considered necessary to give a fillip to any area for farmer’s welfare, the scheme has been taken up in Mission mode, for example, National Mission for Edible Oil-Oil Palm (NMEO-OP), Clean Plant Program, Digital Agriculture & National Mission for Edible Oil-Oil Seeds (NMEO-OS).

The scheme Mission Organic Value Chain Development for North Eastern Region (MOVCDNER), a component under the KY, is being modified by adding a component namely MOVCDNER- Detailed Project Report (MOVCDNER-DPR), which will provide flexibility to the North Eastern states to address critical challenges.

By rationalization of the schemes, the States are allowed to prepare a Comprehensive Strategic Document on the Agriculture Sector of the State holistically. The Strategic Document focuses not only on the production and productivity of the crops but also tackles the emerging issues of Climate Resilient Agriculture and the development of a Value Chain approach for agricultural commodities. These plans are envisaged to articulate the overall strategy and the schemes/programs, linked with the objectives flowing from the strategic framework.

The rationalization of various agricultural schemes aims to streamline processes by avoiding duplication, ensuring convergence, and providing flexibility to states. This initiative focuses on addressing key challenges in agriculture, including nutrition security, sustainability, climate resilience, value chain development, and increased participation from the private sector. With this new approach, state governments will have the opportunity to create comprehensive strategic plans tailored to their specific agricultural needs. Additionally, the annual action plans (AAP) for states can now be approved all at once, rather than going through the lengthy process of approving individual scheme-wise plans.

The PM-RKVY comprises of the following schemes