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Rashtriya Krishi Vikas Yojana – Remunerative Approaches for Agriculture and Allied Sectors Rejuvenation (RKVY-RAFTAAR)

  • June 24, 2021
  • Posted by: OptimizeIAS Team
  • Category: DPN Topics
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Rashtriya Krishi Vikas Yojana – Remunerative Approaches for Agriculture and Allied Sectors Rejuvenation (RKVY-RAFTAAR)

Subject: Govt Schemes

Concept :

  • RashtriyaKrishiVikasYojana – Remunerative Approaches for Agriculture and Allied Sectors Rejuvenation (RKVY-RAFTAAR) is a unique scheme of Government of India, Ministry of Agriculture and Farmers’ Welfare (MoA&FW).
  • It is aimed at strengthening infrastructure in Agriculture and Allied sectors to promote Agripreneurship and Agribusiness by facilitating financial aid and nurturing a system of business incubation.
  • MANAGE-CIA, Centre for Innovation and Agripreneurship is a Centre of Excellence and Knowledge Partner to Ministry of Agriculture and Farmers’ Welfare for Implementation of RKVY-RAFTAAR Scheme

About RKVY-RAFTAAR :

  • RKVY scheme was initiated in 2007 as an umbrella scheme for ensuring holistic development of agriculture and allied sectors.
  • The scheme incentivizes States to increase public investment in Agriculture & allied sectors.
  • The Cabinet has approved (as on 1st November 2017) for the continuation of the ongoing Centrally Sponsored Scheme (State Plans) – RashtriyaKrishiVikasYojana (RKVY) as RashtriyaKrishiVikasYojana- Remunerative Approaches for Agriculture and Allied Sector Rejuvenation (RKVY-RAFTAAR).

The main objective of RashtriyaKrishiVikasYojana is to develop farming as a main source of economic activity. Some of the objectives also include:

  • Risk mitigation, strengthening the efforts of the farmers along with promoting agri-business entrepreneurship through the creation of agri-infrastructure.
  • Providing all the states with autonomy and flexibility in making plans as per their local needs.
  • Helping farmers in increasing their income by encouraging productivity and promoting value chain addition linked production models.
  • To reduce the risk of farmers by focusing on increasing the income generation through mushroom cultivation, integrated farming, floriculture, etc.
  • Empowering the youth through various skill development, innovation and agri-business models.

Funding:

  • RKVY-RAFTAAR will continue to be implemented as a Centrally Sponsored Scheme in the ratio of 60: 40 (Government of India and State Share respectively) except in the case of northeastern and hilly states where the sharing pattern is 90:10.
  • For UTs the grant is 100% as Central share.
Government Schemes Rashtriya Krishi Vikas Yojana – Remunerative Approaches for Agriculture and Allied Sectors Rejuvenation (RKVY-RAFTAAR)

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