PM – RASHTRIYA KRISHI VIKAS YOJANA
05.10.2024
PM – RASHTRIYA KRISHI VIKAS YOJANA
IN NEWS –
- Recently, Union Cabinet has approved proposal for rationalization of all Centrally Sponsored Schemes operating under Ministry of Agriculture and Farmer’s Welfare into two-umbrella Schemes viz. Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY) and Krishonnati Yojana (KY).
WHY DO WE NEED RATIONALISATION OF SCHEMES?
- Inclusive Strategic Plan by State governments: By ensuring convergence and providing flexibility along with avoiding duplication to suit their requirements for agriculture sector.
- Easy approval of annual plans: Annual Action Plan (AAP) of States can be approved in one go rather approving individual scheme-wise AAPs.
- Highlighted focus upon challenges of Agriculture like –
- Nutrition security
- Sustainability
- Climate resilience
- Value chain development
- Private sector participation.
NOTES ON PM-RKVY
- Objective: To promote sustainable agriculture.
- Comprises of 9 schemes like - Soil Health Management, Rainfed Area Development, Paramparagat Krishi Vikas Yojana, etc.
- Key change: State governments will be given flexibility to re-allocate funds from one component to other based on their state specific requirements.
NOTES ON KRISHONNATI YOJANA
- It aims to address food security & agricultural self-sufficiency in India.
- Comprises 9 components like National Food Security & Nutrition Mission, Digital Agriculture Mission, etc.
- It also builts Mission Organic Value Chain Development for North Eastern Region (MOVCDNER), a component under the KY, will be modified to provide flexibility to the North Eastern states to address critical challenges.