PM Rashtriya Krishi Vikas Yojana (PM-RKVY) and Krishonnati Yojana (KY)

Why in news?

Cabinet approves the PM Rashtriya Krishi Vikas Yojana (PM-RKVY) to promote sustainable agriculture and Krishonnati Yojana (KY) to achieve food security for self sufficiency

The proposal has been put forward by 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.

These Schemes are implemented through the State Governments.

About:

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 Easternstatesto address critical challenges.

Edible oils mission

The Cabinet also approved a National Mission on Edible Oils – Oilseeds (NMEO-Oilseeds) for the period 2024-25 to 2030-31, with an aim to make India self-reliant in oilseed production within seven years. The total fund outlay for this initiative is₹10,103 crore.

Why the move?

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.

ThePM-RKVYcomprises of the following schemes:

iSoil Health Management

iiRainfed Area Development

iiiAgro Forestry

ivParamparagat Krishi Vikas Yojana

vAgricultural Mechanization including Crop Residue Management

viPer Drop More Crop

viiCrop Diversification Programme

viiiRKVY DPR component

ixAccelerator Fund for Agri Startups