Advertisement
India is primarily an agrarian nation where the livelihood of a majority of the population depends on agriculture. To foster the development of Indian agriculture, several schemes have been initiated, among which a prominent one is the "National Agricultural Development Scheme" (RKVY). Launched in 2007, its objective is to ensure comprehensive development in agriculture and related sectors. In this article, we delve into various aspects of the RKVY scheme.
The Central Government initiated the National Agricultural Development Scheme in 2007 to promote holistic development in agriculture and related sectors. Under this scheme, states and Union Territories can choose development activities tailored to their agricultural needs. It was implemented during the 11th and 12th Five-Year Plans and revised in 2015-16 to adjust the funding system between the Center and the states to a ratio of 60:40 (90:10 for northeastern and Himalayan states). Funding for centrally administered areas is fully provided by the Center.
The primary goal of the RKVY is to enhance agricultural and allied sector development. It aims to promote agricultural entrepreneurship and build essential agricultural infrastructure to ensure quality inputs, storage, market access, and facilities. The scheme is designed to be responsive to the needs of farmers, encouraging income growth and contributing towards improving their economic status.
The Indian Government has allocated Rs. 15,722 crores for the RKVY scheme for a period of three years, from 2017-18 to 2019-20. It has been extended under the name "National Agricultural Development Scheme—Accelerated Agricultural and Allied Sector Rejuvenation" (RKVY-RAFTAAR). The objective is to strengthen agricultural initiatives, reduce risks, and enhance entrepreneurial activities in the agricultural business. The RKVY-RAFTAAR emphasizes significant attention to pre- and post-harvest infrastructure.
Read More... PMFBY ( Pradhan Mantri Fasal Bima Yojana) Claim Process
Benefits of the National Agricultural Development Scheme for Farmers: Farmers benefit significantly from the National Agricultural Development Scheme. The scheme facilitates the construction of essential agricultural infrastructure, ensuring farmers access to high-quality inputs, storage facilities, and market access. It incentivizes income growth for farmers and contributes to improving their economic status.
Read More... Indian Government 7 Key Schemes for Farmers, Understanding Benefits