RS. 2936.69 Crore Released Under RKVY
Published on July 6, 2010 by INVC · No Comments
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INVC,,
Delhi,,
Rs. 2936.69 crore has been released to various States and Union Territories under the Rashtriya Krishi Vikas Yojana (RKVY) during 2010-11 so far. It includes 2600.17 crore under normal RKVY, 136.50 under oilseeds and pulses scheme and 200.02 crore under extending green revolution to eastern India. The budgetary allocation for RKVY for the current fiscal is Rs. 6055.04 crore under normal RKVY, Rs. 300 crore under oilseeds and pulses programme and Rs. 400 crore for extending green revolution to eastern part of the country. These components have been included in the budget of current financial year for increasing production in eastern States and also for raising production and productivity of oilseeds and pulses in 60,000 selected villages.
The RKVY was operationalised with effect from August, 2007 to achieve 4% annual growth in the agriculture sector by ensuring a holistic development of agriculture and allied sectors. The scheme aims at incentivising States to increase public investment in agriculture and allied sectors and enable them to generate additional growth in agriculture and allied sectors through better planning and by undertaking appropriate growth-oriented projects to achieve this goal.
Rashtriya Krishi Vikas Yojana
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