Agriculture has always been the backbone of the Indian economy, providing livelihood to a majority of the population and contributing to the nation’s growth. To further boost the agricultural sector and make it more productive and sustainable, the Government of India introduced Rashtriya Krishi Vikas Yojana (RKVY) in 2007.
What is Rashtriya Krishi Vikas Yojana?
Rashtriya Krishi Vikas Yojana is a central sector scheme launched by the Government of India with the objective of providing financial support to states for promoting agriculture and allied sectors. The scheme aims to increase the production and productivity of crops, livestock, fisheries, and forestry, and ensure food security for the country.
Objectives of the Scheme:
The main objectives of the scheme are:
- To encourage states to increase public investment in agriculture and allied sectors
- To incentivize states to undertake reforms in the agriculture sector
- To promote holistic and inclusive growth in the agriculture and allied sectors
- To increase agricultural production and productivity through various interventions
Key Components of the Scheme:
The scheme has several key components, including:
- Development of Irrigation and Water Management
- Soil Health Management
- Promotion of Agricultural Mechanization
- Development of Livestock and Poultry
- Development of Fisheries
- Development of Agriculture Marketing and Agri-business
- Agricultural Extension and Technology Transfer
Benefits of the Scheme:
The scheme has several benefits for farmers, including:
- Increased access to irrigation and water management facilities
- Improved soil health, leading to higher crop yields
- Access to modern agricultural machinery and equipment, leading to increased efficiency and reduced manual labor
- Increased production and productivity in livestock, poultry, and fisheries sectors
- Improved market access for farmers and better price realization for their produce
Conclusion:
Rashtriya Krishi Vikas Yojana is a much-needed step towards boosting the agricultural sector in India. By providing financial support to states and incentivizing reforms, the scheme is expected to lead to increased agricultural production, productivity, and overall growth in the sector.
The scheme is also expected to provide significant benefits to farmers and ensure food security for the country.
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