Updated By: LatestGKGS Desk
Rashtriya Krishi Vikas Yojana (RKVY) details: Features and Objective
Rashtriya Krishi Vikas Yojana (RKVY): A continuing scheme under implementation from the 11th Five Year Plan
Rashtriya Krishi Vikas Yojana (RKVY) is a continuing scheme under implementation from the 11th Five Year Plan.The scheme provides considerable flexibility and autonomy to states in planning and executing programmes for incentivizing investment in agriculture and allied sectors.
States initiate the process of decentralized planning for agriculture and allied sectors through the preparation of District Agriculture Plans (DAPs) and State Agriculture Plan (SAP) based on agro-climatic conditions, availability of appropriate technology and natural resources to ensure accommodation of local needs, cropping pattern and priorities.
During the 11th and 12th Plan, the states have taken over 13,000 projects in agriculture and allied sector through State Agriculture Department as Nodal Implementing Agency.
Most states registered higher value of output from agriculture and allied activities in the post-RKVY period. thus, the continuation of the scheme is expected to keep up the momentum of agriculture and allied sector growth.
