Union Cabinet approves PM-RKVY to promote sustainable agriculture by Editor October 18, 2024 October 18, 2024 1 views 3 minutes read A+A- Reset Union Cabinet approves PM-RKVY to promote sustainable agriculture1Union Cabinet approves to promote Krishonnati Yojana (KY) & PM-RKVY to achieve food security for self sufficiencyStates given flexibility to reallocate funds from one component to another based on their specific requirementThe Union Cabinet chaired by Prime Minister, Shri Narendra Modi, today approved the proposal of the Department of Agriculture & Farmers Welfare (DA&FW) for rationalization of all Centrally Sponsored Schemes (CSS) operating under Ministry of Agriculture and Farmer’s into two-umbrella Schemes viz. Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY), a cafeteria scheme and Krishonnati Yojana (KY). PM-RKVY will promote sustainable agriculture, while KY will address food security & agricultural self-sufficiency. All components shall leverage technology to ensure efficient and effective implementation of the various components.The PM Rashtriya Krishi Vikas Yojana (PM-RKVY) and Krishonnati Yojana (KY) will be implemented with 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 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 an additional 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 given an opportunity to prepare a Comprehensive Strategic Document on Agriculture Sector of the State in a holistic manner. The Strategic Document focuses not only the production and productivity of the crops but also tackles the emerging issues of Climate Resilient Agriculture and development of 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 rationalisation of Various Schemes has been undertaken to:• To avoid duplication, ensure convergence and provide flexibility to States.• Focus on emergent challenges of Agriculture – Nutrition security, Sustainability, Climate resilience, value chain development & private sector participation.• State governments will be able to draw a comprehensive strategic plan suiting their requirements for agriculture sector.• Annual Action Plan (AAP) of States can be approved in one go rather approving individual scheme-wise AAPs.One important change is to provide, in PM-RKVY, the state governments be given flexibility to re-allocate funds from one component to other based on their state specific requirements.Out of the total proposed expenditure of Rs.1,01,321.61 crore the projected expenditure towards central share of DA&FW is Rs.69,088.98 crore and states share is Rs.32,232.63 crore. This includes Rs.57,074.72 crore for RKVY and Rs.44,246.89 crore for KY.The PM-RKVY comprises of the following schemes:i. Soil Health Managementii. Rainfed Area Developmentiii. Agro Forestryiv. Paramparagat Krishi Vikas Yojanav. Agricultural Mechanization including Crop Residue Managementvi. Per Drop More Cropvii. Crop Diversification Programmeviii. RKVY DPR componentix. Accelerator Fund for Agri Startups ***** Share 0 FacebookTwitterPinterestLinkedinWhatsappTelegramLINESkypeEmail previous post NMEO-Oilseeds : Cabinet Approves National Mission on Edible Oils next post DARPG :Department also participated in Swachhta Hi Seva-2024 campaign,Special Campaign 4.0 You may also like E-Shram: A Comprehensive Platform for Informal Sector Workers February 3, 2025 Public-Private Partnership (PPP) Model in Hospitality Management Institutes February 3, 2025 Marking ten years of empowering girls, The Beti Bachao Beti Padhao (BBBP) Scheme in... February 3, 2025 First Edition of the Indian Navy Half Marathon Held in New Delhi. February 1, 2025 Launch of 9th Ammunition, Torpedo, and Missile (ACTCM) Barge, LSAM 23 (Yard 133). February 1, 2025 India Honey Alliance Organizes ‘Hive to Home’ Seminar to Promote a Scientific and Sustainable... January 31, 2025