Union Cabinet approved PM Rashtriya Krishi Vikas Yojana and Krishonnati Yojana | Current Affairs | Vision IAS
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Union Cabinet approved PM Rashtriya Krishi Vikas Yojana and Krishonnati Yojana

Posted 04 Oct 2024

2 min read

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.
  • Tags :
  • Centrally Sponsored Schemes
  • Krishonnati Yojana
  • PM-RKVY
  • MOVCDNER
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