Rashtriya Krishi Vikas Yojana
- August 7, 2020
- Posted by: OptimizeIAS Team
- Category: DPN Topics
No Comments
Subject: Schemes
Context:
In addition to 112 startups already funded, 234 startups in the agriculture and allied sectors will be funded under the Rashtriya Krishi Vikas Yojana
Concept:
- Concerned by the slow growth in the Agriculture and allied sectors, the National Development Council (NDC), in its meeting held on 29th May, 2007 resolved that a special Additional Central Assistance Scheme (RKVY) be launched.
- The NDC resolved that agricultural development strategies must be reoriented to meet the needs of farmers and called upon the Central and State governments to evolve a strategy to rejuvenate agriculture.
- The NDC reaffirmed its commitment to achieve 4 per cent annual growth in the agricultural sector during the 11th plan.
- The Department of Agriculture, in compliance of the above resolution and in consultation with the Planning Commission, has prepared the guidelines for the RKVY scheme, to be known as National Agriculture Development Programme (RKVY).
- In order to contribute directly and indirectly to enhancing the income of farmers by providing opportunites to them and to provide employment to youth, start-ups are being encouraged.
- A component, Innovation and Agri-entrepreneurship Development programme has been launched under Rashtriya Krishi Vikas Yojana in order to promote innovation and agripreneurship by providing financial support and nurturing the incubation ecosystem.
- These start-ups are in various categories such as agro-processing, artificial intelligence, digital agriculture, farm mechanisation, waste to wealth, dairy, fisheries