About the Scheme
A state-plan scheme launched to incentivize states to increase public investment in agriculture and allied sectors, thereby achieving a 4% annual growth rate in the sector. It provides flexibility to states to choose their own development strategies based on local needs.
Target Beneficiaries: 12 crore farmers and agricultural workers across all states through enhanced agricultural infrastructure, productivity improvement, agribusiness development, post-harvest facilities, and income generation activities with ₹1.01 lakh crore investment
Implementing Agency: Department of Agriculture, Cooperation & Farmers Welfare, Ministry of Agriculture & Farmers Welfare (Central Level); State Agriculture Departments (State Level).
Key Features
- State-centric approach: States formulate their own agricultural development plans.
- Incentive-based: Provides additional central assistance to states that maintain or increase their share of expenditure in agriculture.
- Broad scope: Covers various allied sectors like horticulture, animal husbandry, fisheries, dairy.
- Focus on infrastructure: Supports creation of agricultural infrastructure, research, and extension services.
- Sub-schemes/components: Includes initiatives like RKVY-RAFTA (Remunerative Approaches for Agriculture and Allied Sector Rejuvenation), which focuses on entrepreneurship and innovation.
- Flexibility: States can choose projects based on their specific needs and priorities.