By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Gujarati
  • Hindi
  • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Lifestyle
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Gujarati
  • Hindi
  • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Follow US
Latest World News Update > Blog > National > Cabinet approves Rs 1 lakh crore for PM Rashtriya Krishi Vikas Yojana and Krishonnati Yojana to boost food security and sustainable agriculture – World News Network
National

Cabinet approves Rs 1 lakh crore for PM Rashtriya Krishi Vikas Yojana and Krishonnati Yojana to boost food security and sustainable agriculture – World News Network

worldnewsnetwork
Last updated: October 3, 2024 12:00 am
By worldnewsnetwork
Share
4 Min Read
SHARE

New Delhi [India], October 3 (ANI): The Union Cabinet, chaired by Prime Minister Narendra Modi, on Thursday, approved the PM Rashtriya Krishi Vikas Yojana (PM-RKVY) and the Krishonnati Yojana (KY) to enhance food security and promote sustainable agriculture, with a combined expenditure of over Rs 1 lakh crore, a press release said.
The release said, “The Union Cabinet chaired by PM Modi, today approved the proposal of the Department of Agriculture & Farmers Welfare (DA&FW) for rationalization of all Centrally Sponsored Schemes (CSS) operating under Ministry of Agriculture and Farmers into two-umbrella Schemes viz. Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY), and Krishonnati Yojana (KY).”
PM-RKVY will promote sustainable agriculture, while KY will address food security and agricultural self-sufficiency. All components shall leverage technology to ensure efficient and effective implementation of the various components, the release added.
The PM-RKVY and Krishonnati Yojana (KY) will be implemented with the total proposed expenditure of Rs 1,01,321.61 crore. These schemes are implemented through the state governments.
This exercise ensures that all the existing schemes are being continued. Wherever it was considered necessary to give a fillip to any area for the farmer’s welfare, the scheme has been taken up in mission mode, for example, the National Mission for Edible Oil-Oil Palm [NMEO-OP], the Clean Plant Programme, Digital Agriculture and the National Mission for Edible Oil-Oil Seeds [NMEO-OS].
The scheme Mission Organic Value Chain Development for North Eastern Region (MOVCDNER), a component under the KY, is being modified by adding a component namely MOVCDNER- Detailed Project Report (MOVCDNER-DPR), which will provide flexibility to the North Eastern states to address critical challenges.
The release said, “By rationalization of the schemes, the states are allowed to prepare a Comprehensive Strategic Document on the Agriculture Sector of the State holistically. The Strategic Document focuses not only on the production and productivity of the crops but also tackles the emerging issues of Climate Resilient Agriculture and the development of a value chain approach for agricultural commodities. These plans are envisaged to articulate the overall strategy and the schemes/programs, linked with the objectives flowing from the strategic framework.”
The rationalisation of various schemes has been undertaken to avoid duplication, ensure convergence, provide flexibility to states and focus on emergent challenges of Agriculture – Nutrition security, Sustainability, Climate resilience, value chain development and private sector participation, it added.
State governments will be able to draw up a comprehensive strategic plan suiting their requirements for the agriculture sector and the Annual Action Plan (AAP) of States can be approved in one go rather than approving individual scheme-wise AAPs.
One important change is to provide, in PM-RKVY, the state governments the flexibility to reallocate funds from one component to another based on their state-specific requirements.
Out of the total proposed expenditure of Rs 1,01,321.61 crore, the projected expenditure towards a central share of DA&FW is Rs 69,088.98 crore and the state share is Rs 32,232.63 crore. This includes Rs 57,074.72 crore for RKVY and Rs 44,246.89 crore for KY, the release said further. (ANI)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by
Share This Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Fast Four Quiz: Precision Medicine in Cancer

How much do you know about precision medicine in cancer? Test your knowledge with this quick quiz.
Get Started
CMA: The Credential That Transforms Careers – World News Network

Bengaluru (Karnataka) [India], September 27: If you are dreaming of a future…

APSEZ breaks records: Handles 420 MMT cargo globally, sets new milestones in March 2024 – World News Network

The company announced that it achieved its highest ever monthly cargo volumes,…

Stock market opens on a bullish note: Nifty-Sensex surge – World News Network

Simultaneously, the BSE Sensex followed suit, leaping by 317.27 points or 0.43…

Your one-stop resource for medical news and education.

Your one-stop resource for medical news and education.
Sign Up for Free

You Might Also Like

Ladakh: Restrictions continue in Leh under Section 163 of BNSS – World News Network

By worldnewsnetwork

“We thank PM Modi”: Union Minister Arjun Ram Meghwal on swift implementation of GST reforms – World News Network

By worldnewsnetwork

“Delhi Police have prevented potential large-scale fire accident,” says DCP West Delhi after recovery of large cache of illegal firecrackers in Rajouri Garden – World News Network

By worldnewsnetwork

Crowd at actor Vijay’s rallies will not be transformed into votes for TVK: MDMK leader Vaiko – World News Network

By worldnewsnetwork

Sports

“Our boys showed they can chase 200+”: Sanath Jayasuriya after India beats Sri Lanka in super over – World News Network
Sports
Asia Cup Super 4s: India edge Sri Lanka in dramatic Super Over finish to enter final unbeaten – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • Lifestyle
  • National
  • Science
  • Sports
  • Tech
  • Videos
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Press Release
  • Press Release Distribution Packages

Entertainment

Kolkata’s Durga Puja Pandal showcases stunning silicon idol with Maha Kumbh inspiration – World News Network
Entertainment
“Favorite day of the year”: Lady Gaga showers fiance Michael Polansky with love in birthday post – World News Network
Entertainment
Latest World News UpdateLatest World News Update
Copyright © 2024 World News Network. All Rights Reserved
Welcome Back!

Sign in to your account

Lost your password?