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Saturday, July 28, 2018

Rashtriya Krishi Vikas Yojana



Rashtriya Krishi Vikas Yojana (Hindi: राष्ट्रीय कृषि विकास योजना, lit. 'National Agriculture Development Programme'[1]) is a State Plan Scheme of Additional Central Assistance[2] launched in August 2007 as a part of the 11th Five Year Plan by the Government of India. Launched under the aegis of the National Development Council, it seeks to achieve 4% annual growth in agriculture through development of Agriculture and its allied sectors (as defined by the Planning Commission (India)) during the period under the 11th Five Year Plan (2007–11)


A State is eligible for funding under the RKVY if it maintains or increases the percentage of its expenditure on Agriculture and its Allied Sectors with respect to the total State Plan Expenditure, where the Base Line (which will move every year) for this expenditure is the average of the percentage of expenditure incurred by a State Government for the previous three years on Agriculture and its Allied Sectors minus any funds related to Agriculture and its allied sectors that it may already have received in that time under its State Plan.


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