INTRODUCTION

Rashtriya Krishi Vikas Yojana (RKVY) was launched under the Department of Agriculture & Co-operation (DAC), Ministry of Agriculture, Govt of India from 2007-08 with an aim to achieve 4% annual growth in the agriculture sector during the XIth Plan period. By virtue of enhanced investments, agriculture and allied sector could achieve an annual growth rate of 3.64% during the XIth Plan against a growth rate of 2.46% per annum in the Xth Plan period.

VISION

During 1980s, the GDP of Agriculture pegged at 3%. India has been targeting a growth rate of more than 4% in Agriculture, during the IXth Five year plan (1996 to 2001-02), but the actual achievement has been much below the target. More than 50% of the workforce of the country depends upon agriculture for its livelihood. Slow growth in Agriculture and allied sectors can lead to acute stress in the economy because large nos of population dependent upon this sector facing problems of –

Though public and private investments are increasing manifold in sectors such as infrastructure, similar investments are not forth coming in Agriculture and allied sectors, leading to distress in the community of farmers, especially that of the small and marginal segment. Hence, the need for incentivizing state to increase their investments in the Agriculture and allied sectors had been felt. On this background, RKVY was launched from 2007-08 to achieve 4% annual growth in the Agricultural & allied Sector by ensuring holistic development of economic growth of farming community and country. MISSION: To incentivize state to draw up plans for their agriculture sector more comprehensively taking agro climatic conditions, natural issues and technology into account and integrating livestock, poultry and fisheries more fully and implement the same with convergence for inclusive development of Agriculture & Allied Sectors.

OBJECTIVES

RKVY aims at achieving and sustaining desired annual growth during the XIIth Plan period by ensuring holistic development of Agriculture and allied sectors. The main objectives of the schemes are: