3119 Crore Released under Rashtriya Krishi Vikas Yojana

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    New Delhi: Rupees 3119.35 crore have been released to various States under the Rashtriya Krishi Vikas Yojana (RKVY) during 2011-12 as on today.

                Total allocation for this year is Rs. 7729.24 crore as against Rs. 6755.00 crore in 2010-11. It includes Rs. 5250.87 crore under normal RKVY and Rs. 2500 crore under 9 sub-schemes. Seven new sub-schemes have been introduced from the current financial year. These are initiative on vegetable clusters, accelerated fodder development programme, rainfed area development programme, promotion of  oil palm, nutri-cereals, National Mission for Protein Supplements and saffron mission.   Two sub-schemes, which were introduced last year, are for Bringing Green Revolution to Eastern India and Special Initiative for Pulses and Oilseeds in Dryland Areas by organising 60, 000 Oilseeds and Pulses Villages in Rainfed Areas.

                The RKVY was launched in August, 2007 to achieve 4% annual growth in the agriculture sector by 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.

                The scheme has succeeded in incentivising States to increase their share in agriculture and allied sectors and thereby imparting a definite momentum to agriculture. Rs. 17735.45 crore have been released as on today under the scheme since its inception as against total allocation of Rs. 22955.35 crore.