Overview of Rashtriya Krishi Vikas Yojana (RKVY) for Agricultural Development
RKVY was launched in 2007 to promote holistic development in agriculture and allied sectors by incentivizing states to increase public investment. The scheme provides flexibility to states in project selection and execution, with funds released based on approved projects. Recent updates mention the extension of the scheme till September 2022, with a focus on rationalizing and merging schemes to enhance effectiveness and efficiency. The budget allocation for RKVY for 2022-23 is detailed, emphasizing a cafeteria approach for implementation.
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RKVY RKVY was launched in 2007 for ensuring holistic development of agriculture and allied sector. The scheme incentivizes States to increase public investment in Agriculture and Allied Sectors. States have been provided flexibility and autonomy in selection, planning, approval and execution of the project under the scheme as per their need, priorities and agro-climatic requirements. The funds are released to States on the basis of projects approved by the State Level Sanctioning Committee (SLSC ). The scheme has been extended for 6 months (upto 30.09.2022).
Key Points EFC has made recommendations to rationalize and merge schemes into three categories, viz. Rashtriya Krishi Vikas Yojana- the cafeteria scheme, Krishonnati Yojana- Umbrella scheme and Standalone schemes during 2022-23 to 2025-26. This department has accepted the scheme-specific recommendations of the EFC. Department of Expenditure vide their OM dated 01.02.22 has approved continuation of the RKVY scheme till 30.09.22 only. Fresh appraisal will be carried out by EFC of the scheme by then. In the meantime, for continuation of implementation of the erstwhile schemes (now components) have been merged with RKVY. Department of Expenditure vide their OM dated 08.04.2022 has further decided that fresh appraisal shall be carried out with a view to identify whether these schemes need to be merged or closed or allowed to continue with some modifications. Based on EFC appraisal, CCEA note will be prepared & continuation of the scheme in the future will be worked out. Thereafter fresh guidelines will be formulated.
RKVY-RAFTAAR Cafeteria approach Total budget allocation of RKVY Cafeteria scheme is Rs. 10433 crore for 2022-23. RKVY Cafeteria approach has three streams viz; (I) Annual Action Plan component (Cafeteria)- Rs 5929.17 crores for 2022-23. The budget allocation is Rs. 2964.59 (50%) for six months ( i.e. up to 30th September, 2022) . State-wise allocation has been done by the respective programme division. States/UTs will get flexibility to choose the components they want to implement as per their requirements or otherwise in a cafeteria mode. However for the first 6 months of this year, the scheme will operate as in the past. (II) Detailed Project Report (DPR) based schemes- Rs. 3222.15 crores. The budget allocation is Rs. 1611.07 (50%) for six months ( i.e. up to 30th September, 2022). Data on 6 parameters of last year i.e 2021-22 adopted since allocation is for only 6 months. (III) Administration, Monitoring and Evaluation (including startup component)- Rs. 444.68 crore and other components i.e. Rs. 700 cr. for CRM, Rs. 100 cr. for NABARD subsidy and Rs. 37 cr. for SAP.
Budget allocation - Rashtriya Krishi Vikas Yojana Cafeteria approach 2022-23 (Rs. in crore) Sl. No. Name of the Components Total 50% of total Allocation (upto 30.09.2022) I AAP based RKVY PDMC SMAM Org. Fmg Soil Health RAD Village Haat Total 1989.78 475.45 243.90 155.39 100.08 0.00 2964.59 1 2 3 4 5 6 3979.55 950.89 487.80 310.78 200.15 0.00 5929.17 II RKVY DPR based 3222.15 1611.07 III Admin, Monitoring Evaluation and Startups 444.68 PDMC NABARD Subsidy) SAP CRM (2435) Grand Total 100.00 37.00 700.00 10433.00 350.00
RKVY-Cafeteria approach The budget allocation of merged components of RKVY i.e. I. Annual Action Plan (AAP) is Rs. 5929.17 (Excluding CRM) Annual Action Plan component: For the following erstwhile schemes of DA&FW namely: Paramparagat Krishi Vikas Yojana (PKVY), Soil Health Card (SHC) and Soil Health Management, Rainfed Area Development (RAD), Sub Mission on Agricultural Mechanisation (SMAM), Per Drop More Crop (PDMC), Sub Schemes of RKVY such as Crop Diversification Programme (CDP), Reclamation of Problem Soils (RPS) and other sub schemes of national importance Village Haats and GrAMs II. Detailed Project Report (DPR) based schemes- Rs. 3222.15 crores. The inter se allocation of 2022-23 has been done based on previous year s (2021-22 ) 6 parameters data. For DPR based RKVY. Approval accorded for only six months(30.09.2022). III. Administration, Monitoring and Evaluation (including startup component)- Rs. 444.68 crore and other components i.e. Rs. 700 cr. for CRM, as central sector scheme, Rs. 100 cr. for NABARD subsidy and Rs. 37 cr. for SAP.
Innovation and Agri-Entrepreneurship programme of RKVY 5 Innovation entrepreneurship of RKVY launched in 2018-19. and Agri- Knowledge Partners (KPs) selected as Centre of Excellence programme RKVY-RAFTAAR Agribusiness Incubators (R-ABIs) from across the country 24 Objective: To promote innovation and agri-entrepreneurship by providing technical and financial support and nurturing the incubation ecosystem. Rs. 51 cr. funds released in installments for funding these 923 Start-ups out of total cost of Rs.101 cr. to the respective KPs & R-ABIs by DA & FW 923 Startups have been selected and supported with technical and financial assistance during FY 2019-20 to 2021-22 by various KPs and R-ABIs of DA & FW Agri Start-up Conference is scheduled to be held on 17.05.2022 by DA & FW in association with IARI, New Delhi in Bharat Ratha C. Subramaniam Auditorium, NASC Complex, Pusa, New Delhi.
