Pradhan Mantri Rashtriya Krishi Vikas Yojana Scheme

The Pradhan Mantri Rashtriya Krishi Vikas Yojana, or PM-RKVY, was introduced in 2007-08 as the Rashtriya Krishi Vikas Yojana (RKVY) to encourage holistic agricultural development in states. Initially offering 100% central assistance, the scheme has evolved into a centrally sponsored program with a funding pattern of 60:40 between the Centre and states. For special category states, the ratio stands at 90:10.

In 2014-15, the scheme was revamped and renamed as PM-RKVY. It merged seven central schemes to streamline implementation and improve efficiency. PM-RKVY supports innovative agricultural projects, promotes advanced irrigation systems, encourages mechanization, and facilitates organic farming and agroforestry. It aligns with the government’s broader goals of doubling farmers’ income and ensuring long-term sustainability in agriculture.

States and Union Territories receive financial support under this scheme, which is enhanced through digital platforms like RKVY registration and Gomhsparsh PM-RKVY, helping stakeholders access benefits and information with ease.

The main objectives of the Pradhan Mantri Rashtriya Krishi Vikas Yojana are:

• Enhance Agricultural Productivity: To increase crop yields and production through innovative practices and infrastructure development.
• Promote Sustainable and Climate-Resilient Farming: By encouraging organic farming, agroforestry, and balanced nutrient management to protect soil health and conserve resources.
• Encourage Micro-Irrigation and Efficient Water Use: Through the Per Drop More Crop (PDMC) sub-scheme, promoting water-saving technologies like drip and sprinkler irrigation.
• Support Mechanization and Crop Residue Management: o reduce labour costs, improve productivity, and mitigate environmental pollution from crop residue burning.
• Foster Innovation and Agro-Startups: By providing financial and technical support to startups that offer modern solutions for agricultural challenges.
• Improve Farmers’ Income and Rural Employment: By strengthening infrastructure, market linkages, and value addition processes.
• Provide States with Flexibility and Autonomy: Allowing states to prepare Detailed Project Reports (DPRs) based on their unique agricultural needs and priorities.

PM-RKVY is structured into three major components, each designed to cover different aspects of agricultural development:

A. DPR Based Component under PM-RKVY Guidelines

This component allows States and Union Territories to propose projects that address specific infrastructure gaps, production enhancement, and innovative agriculture activities not covered by other schemes.

• Funding Allocation: Up to 30% of the total budget (raised to 50% for North Eastern and Himalayan states).
• Focus Areas: Infrastructure such as cold storages, grading units, labs, compost units, production growth initiatives, Public-Private Partnerships (PPP) for value chain development.
• Project Evaluation: DPRs over Rs. 25 crore require third-party techno-financial evaluation and inter-ministerial review.
• Cost Norms: Align with ministry norms or state-level standards.
• Objective: To fill gaps in agricultural infrastructure and promote innovative activities.

B. Annual Action Plan (AAP) Component - RKVY Registration Based Sub-Schemes

A minimum of 70% of the PM-RKVY funds (50% for NER & Himalayan states) are allocated to AAP components consisting of eight focused sub-schemes targeting various critical aspects of agriculture:

1. Per Drop More Crop (PDMC) - PM-RKVY Drop for Micro-Irrigation

• Aims to enhance water use efficiency through micro-irrigation systems like drip and sprinkler irrigation.
• Launched in 2015-16, integrated under PM-RKVY since 2022-23.
• Subsidies up to 55% for small farmers, prioritizing rainfed and water-intensive crop areas.
• Aadhaar-linked DBT for transparent subsidy distribution.
• Emphasis on capacity building and after-sales service for 3 years.

2. Sub-Mission on Agricultural Mechanization (SMAM) - PM-RKVY Scheme Mechanization Support

• Promotes farm mechanization to reduce labour dependency and improve efficiency.
• Establishes Custom Hiring Centres and Village-level Machinery Banks.
• Special focus on NE regions with appropriate technology.
• Testing and certification of machinery to ensure quality.

3. Crop Residue Management (CRM) under PM-RKVY Guidelines

• Addresses environmental damage caused by crop residue burning.
• Promotes in-situ management with machinery and development of ex-situ usage supply chains.
• Cluster-based awareness campaigns to encourage farmer participation.

4. Soil Health and Fertility (SH&F) - RKVY Scheme Details for Soil Improvement

• Encourages balanced nutrient use through Soil Health Cards and soil testing labs.
• Supports Integrated Nutrient Management combining chemical, organic, and bio-fertilizers.
• ICT tools for monitoring and training programs to promote soil-based nutrient application.

5. Paramparagat Krishi Vikas Yojana (PKVY) - PM-RKVY Organic Farming Initiative

• Promotes organic farming and reduction of chemical inputs.
• Uses cluster approach and Participatory Guarantee System (PGS) for quality assurance.
• Supports value addition and direct marketing of organic products.

6. Rainfed Area Development (RAD) under Rashtriya Krishi Vikas Yojana

• Focuses on sustainable farming in rainfed areas through climate-resilient practices.
• Promotes integrated farming systems and watershed-plus approach.
• Encourages crops like millets, pulses, and oilseeds.
• Uses geo-tagging and involves scientific institutions for technical support.

7. Agroforestry Component under PM-RKVY

• Integrates tree cultivation with farming to enhance income and environmental benefits.
• Ensures quality-planting materials and supports market linkages for forest products.
• Supported by research institutions and encourages biodiversity and carbon sequestration.

8. Crop Diversification Programme (CDP) under PM-RKVY Guidelines

• Aims to shift from mono cropping (especially rice-wheat) to diversified cropping for better soil and water conservation.
• Encourages pulses, oilseeds, fruits, and vegetables.
• Supports climate-smart agricultural technologies.

C. Agricultural Start-Up & Accelerator Fund - PM-RKVY Full Form in Action

• A 100% central assistance component to nurture agro-innovation and entrepreneurship.
• 7% of the DPR component budget earmarked for startups.
• Provides financial and technical support to scale up innovative technologies.
• Focuses on improving supply chains, market linkages, and value addition to benefit farmers.

Here are six key benefits of the Pradhan Mantri Rashtriya Krishi Vikas Yojana:

• Improved Agricultural Productivity through advanced infrastructure and innovative farming practices.
• Increased Farmer Income via diversified crops, better market linkages, and reduced input costs.
• Water Conservation with promotion of micro-irrigation systems under PDMC, enhancing water-use efficiency.
• Promotion of Sustainable Farming practices including organic farming, agroforestry, and balanced nutrient use.
• Reduction of Environmental Pollution through crop residue management and climate-resilient agriculture.
• Support for Agro-Entrepreneurship by fostering startups that provide cutting-edge agricultural solutions.

Funds under PM-RKVY are released to States and UTs based on compliance with financial and administrative conditions:

• Submission of 100% Utilization Certificates (UCs) from previous allocations.
• Submission of physical and financial progress reports in prescribed formats.
• Funds are allocated based on performance, unutilized amounts can be re-allocated to better performing states.
• States must maintain component-wise and project-wise accounts audited by Chartered Accountants.
• Assets created under the scheme are inventoried and managed by the Nodal Agency for optimal use and redeployment.
• Administrative expenses up to 2.5% of the total funds can be utilized for monitoring, evaluation, and consultancy.

The eligibility conditions that states, UTs, and beneficiaries must fulfill to avail benefits under PM-RKVY.

• All States and Union Territories of India are eligible for funding under PM-RKVY.
• Projects must align with the State Agriculture Plan (SAP) and avoid duplication with other schemes.
• Beneficiaries under sub-schemes like PDMC, SMAM, and PKVY must meet criteria like landholding size and crop type as specified.
• For micro-irrigation subsidies, farmers must have Aadhaar-linked bank accounts for DBT.
• Public and private sectors can propose projects under DPR component, with specific funding norms.

Monitoring and evaluation are critical pillars for PM-RKVY’s success:

• States must update project data online regularly on the RKVY Management Information System (RKVY-MIS).
• Geo-tagging of assets is mandatory using the Krishi Mapper App, enabling real-time monitoring.
• Third-party evaluation of 25% of projects annually by reputed agencies ensures objective assessment.
• The Department of Agriculture and Farmers Welfare (DA&FW) conducts mid-term and end-term reviews through independent agencies.
• Performance is reflected transparently in the Ministry’s Outcome Budget, helping identify gaps and successes.
• Administrative expenses include funds for monitoring, consultancy, and IEC activities for wider awareness.

Corpseed is one of the top consulting firms, offering comprehensive assistance on government schemes and benefits, guiding businesses through necessary processes. Under the Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY), we provide end-to-end support to agribusinesses, startups, and farmer groups in accessing funding, preparing documents, and ensuring full compliance with the scheme’s requirements. Our services simplify the process and improve the chances of project approval under RKVY. How Corpseed Can Help in PM-RKVY:

• Project Report Preparation: Drafting detailed, compliant project reports tailored to RKVY components.
• Application Assistance: Support with online registration, document uploading, and timely submission.
• Eligibility Guidance: Identifying suitable scheme components based on business goals.
• Liaison with Authorities: Coordinating with State Agriculture Departments for approvals and clarifications.
• DPR and Feasibility Support: Preparing Detailed Project Reports with financial and technical analysis.
• Compliance Monitoring: Ensuring all scheme-related deadlines, reports, and documentation are met.