Rashtriya Krishi Vikas Yojana (RKVY) – RAFTAAR 2023 Update Know what changes wiLl be done this time

Rashtriya Krishi Vikas Yojana RAFTAAR was earlier known as Rashtriya Krishi Vikas Yojana only where RAFTAAR stands for Remunerative Approaches for Agriculture and Allied Sector Rejuvenation. As the name of the scheme suggest Krishi Vikas means the development of farming and this step of the Government is taken to increase the methods and techniques used in the agricultural field.

When Government is talking about the development of the farming sector then it means the development of the agriculture sector including the allied sectors also like animal husbandry, poultry section etc. Now in the whole blog, we are going to discuss how the government will take steps to develop these sectors because it doesn’t matter what we say or talk about the development, the matter is what we do for the development.

Brief Description of Project

Name of SchemeRashtriya Krishi Vikas Yojana (RKVY) – RAFTAAR
Scheme BenefitsDevelopment in Agriculture Department.
ObjectiveMaking farming a remunerative economic activity.

Table of Contents

Meaning of Rashtriya Krishi Vikas Yojana- RAFTAAR

Rashtriya Krishi Vikas Yojana means the development of the agriculture sector on the National level and the RAFTAAR word stands for Remunerative Approach for Agriculture and Allied Sector Rejuvenation which means that profitable new energy will be given to the agricultural departments and allied sectors also.

Launch Date of RAFTAAR

Rashtriya Krishi Vikas Yojana was launched in 2007 under the Central government. It was launched by the Ministry of Agriculture and Farmers Welfare Government of India. During its launch, it was 100% funded by the Central government. In 2017 it is renamed as Rashtriya Krishi Vikas Yojana-RAFTAAR.

Rashtriya Madhyamik Shiksha Abhiyan Yojana 2022 Key Highlights

PortalRashtriya Krishi Vikas Yojana (RKVY) – RAFTAAR
Launched byNational Development Council (NDC)
Ministry ControlMinistry of Agriculture and Farmers welfare.
ProcessOffline
Year2007
ObjectiveMaking farming a remunerative economic activity.
BenefitsDevelopment of Agricultural department occur.
BeneficiaryAll the States and Union territories are incentivised.
Official WebsiteClick Here

Aim Of the Rashtriya Krishi Vikas Yojana

Whenever the scheme gets launched it has certain aims and objectives to accomplish and the scheme remains active till it accomplished its main aim. So Rashtriya Krishi Vikas Yojana scheme is also launched with certain aims and objectives which we are going to discuss below in the points.

  1. The main aim of this scheme which the government focusing more on it is to make farming a remunerative activity as they are the major one on which the Indian economy depends and due to only their efforts export and import work is done at a large scale.
  2. Streaming the farmer’s efforts is also its aim. As farmers put months of effort to cultivate a crop but due to the absence of proper storage facilities, proper infrastructure etc their efforts get wasted. So the government is aiming to provide the kinds of facilities to strengthen the efforts made by him and also check that their effort does not get wasted and must remain useful.
  3. To reduce the risk of getting the crop wasted, time wasted in growing those crops, the land which the crop was using also become unuseful.
  4. Promoting Agri-business entrepreneurship is also one of the main objectives of the scheme.

Features of Rashtriya Krishi Vikas Yojana

Pre & Post Harvest infrastructure – The scheme laid focuses on the availability of infrastructure require before growing the crop and during cutting the crop. It also checks what infrastructure will require when the crop gets completely removed from the field.

Promoting Agri-Buisness Entrepreneurship – A major youth of India is refusing to do farming in their village and shifting towards the cities which become a cause for tension in the government because farming is very necessary for all of us and farmers are one of the major pillars of the economy of India. Also, innovation regarding agriculture or other allied sectors is done by the Indian Government.

Objectives of Rashtriya Krishi Vikas Yojana

  1. To strengthen the farmer’s effort Though the creation of required pre and post-harvest agriculture infrastructure. Whatever cultivation is made the farmer has the choice to either sell it at that time or to store it in perfectly build infrastructure and then sell it later.
  2. To provide Autonomy and flexibility to states – This scheme also has the objective to provide the complete right to the farmer regarding what he should want to do with his crop. So the government has given the right to states and union territories to use the funds allocated to them as per the need of the local farmers.
  3. To promote the value chain addition linked production models where the value in each step regarding the use of the product is increasing.
  4. To mitigate the risk of the farmers by providing thee additional income as there are many cases when the crop gets wasted either due to the absence of rain, unavailability of storage facility or any other unfavourable weather condition. So the government is trying to teach them to do two to three crops on their land so that if one gets wasted then the other will still be available and the loss from the water crop can be balanced by selling other crops.
  5. To empower youth through skill development, innovation, and Agri-entrepreneurship based on agriculture models which encourage the youth to do agriculture. After all, agriculture is also a business.

Eligibility for Rashtriya Krishi Vikas Yojana – RAFTAAR

This scheme is not launched to give funding to the farmers it is launched to incentivise the states and union territories so all the benefits are reserved for them with which the farmer’s agricultural methods will develop.

All the states and Union territories are eligible for funding under this scheme.

Allocation of Funding between the states:-

When the scheme was launched in 2007 it was a central sector scheme but onward in 2014-2015 it become a centrally sponsored scheme. As the Rashtriya Krishi Vikas Yojana is a centrally sponsored scheme so all the patterns which are allowed or follwed in the centrally sponsered scheme are also followed here. The budget of Rashtriya Krishi Vikas Yojana – RAFTAAR is 3712.44 crore rpees.

  1. The ratio of 60:40 between the centre and states.
  2. 90:10 between the centre and the Northeast States and the Hilly States.
  3. 100% assistance from the Centre will be given to the Union Territories.
Rashtriya Krishi Vikas Yojana (RKVY)

Criteria of Allocation

Now let us talk about the criteria of allocation. The criteria are divided into two parts

Regular Rashtriya Krishi Vikas Yojana (RKVY)-RAFTAAR:-

Under this part, 70% of the total funding is given which is again divided as-

Infrastructure and Assets = Out of the 70% of annual funding 50% is given to infrastructure and assets

  • Pre-Harvest – 20%
  • Post-Harvest = 30%
  • 30% of the 70% (RKVY – RAFTAAR) is given to value-addition-linked production projects.
  • The remaining 20% of the 70% (of Regular RKVY – RAFTAAR) is given to the Flexi Funds

RKVY RAFTAAR Special Sub-Schemes

Under this part, the remaining 30% of the total funding is allotted to the states and union territories.

  • 20% of the 30% is given to RKVY RAFTAAR Special Sub-Schemes.
  • The remaining 10% of the 30% is allotted to innovation and agri-entrepreneur development.

Inter- Sates Allocation of Funds

  1. Percentage share of the net unirrigated area in the states to the unirrigated area in all the states (whole country). 15% of weightage is given to this part.
  2. percentage of small and marginal farmers in the states compared to the total number of small and marginal farmers in the country. 20% of the weightage is given to this part.
  3. Moving average of the increase in the plan expenditure in agricultural and allied sectors including animal husbandry, fisheries, etc in the past 3 years. 30% o the wiehgtage is givn to this part.
  4. Average Gross Sates Value Added (GSVA) in agriculture and allied sectors in the last 3 years. 30% of the weightage is given to this part.
  5. Percentage of the youth population in the states to the youth population in the country. 5% of the weightage is given to this part.
  6. The inverse of the yield gap between states’ average yield and potential yield is stated in the frontline demonstration data. 10% of the weightage is given to this part.

Update in the Rashtriya Krishi Vikas Yojana (RKVY)

  • Last year a new component of the Innovation and Agri-entrepreneurship Development programme has been launched under RKVY RAFTAAR.
  • To promote innovation and Agripreneuship by providing financial support and nurturing the incubation system.
  • These startups are in various categories such as agro-processing, artificial intelligence, digital agriculture, farm mechanism, waste to wealth, fisheries etc.
  • 24 RKVY-RAFTAAR Agribusiness Incubators from across the country have also been appointed.

Components of this Scheme

  1. Agriprenuership Orientation – 2-month duration with a monthly stipend of 10,000 per month.
  2. Seed Stage Funding of R-ABI’s Incubators – Finding up to 25 Lakh rupees.
  3. Pre-Stage Funding of Agripreneurs – Funding up to 5 lakh rupees.

Allied Sectors comes under Rashtriya Krishi Vikas Yojana (RKVY) – RAFTAAR

Given below is the list which represents all the allied sectors that come under Rashtriya Krishi Vikas Yojana,

  • Crop Husbandry
  • Horticulture
  • Animal Husbandry
  • Dairy Development
  • Fisheries
  • Agricultural Research and Education
  • Soil and Water Conservation
  • Agricultural Financial Institutions
  • Agricultural Marketing
  • Food storage and Warehousing
  • Other Agriculture Programmes and Cooperation

Conclusion

After reading the whole scheme of Rashtriya Krishi Vikas Yojana – RAFTAAR you will get all the necessary things now. We made the whole research regarding this scheme and all the important data is given but if you still left any queries in your brain then please don’t keep them there let us know in the comment box as your questions always help others and their very will also e solve if same. We have taken all the important data from the official website of the government which is already given above.

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