Recently, Union Cabinet approved proposal for rationalization of all Centrally Sponsored Schemes operating under Ministry of Agriculture and Farmer’s Welfare into two-umbrella Schemes viz. Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY) and Krishonnati Yojana (KY).
Need of rationalization of schemes
- Comprehensive Strategic Plan by State governments: By ensuring convergence, providing flexibility and avoiding duplication to suit their requirements for agriculture sector.
- Streamlining approval of annual plans: Annual Action Plan (AAP) of States can be approved in one go rather approving individual scheme-wise AAPs.
- Focus on emergent challenges of Agriculture: Nutrition security, Sustainability, Climate resilience, value chain development & private sector participation.
About PM-RKVY
- Objective: To promote sustainable agriculture.
- Comprises of 9 schemes viz., Soil Health Management, Rainfed Area Development, Paramparagat Krishi Vikas Yojana, etc.
- Key change: State governments will be given flexibility to re-allocate funds from one component to other based on their state specific requirements.
About Krishonnati Yojana (KY)
- Objective: To address food security & agricultural self-sufficiency in India.
- Comprises 9 components, including National Food Security & Nutrition Mission, Digital Agriculture Mission, etc.
- Mission Organic Value Chain Development for North Eastern Region (MOVCDNER), a component under the KY, will be modified to provide flexibility to the North Eastern states to address critical challenges.