Union Cabinet approves PM Rashtriya Krishi Vikas Yojana

Prameyanews English

Published By : Chinmaya Dehury | October 3, 2024 8:52 PM

Union Cabinet

New Delhi, Oct 3: The Union Cabinet today approved the PM Rashtriya Krishi Vikas Yojana (PM-RKVY) to promote sustainable agriculture and Krishonnati Yojana (KY) to achieve food security for self sufficiency with combined total proposed expenditure of Rs. 1 lakh crore.

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.

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