The Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY) is a Centrally Sponsored Scheme launched in 2007 by the Ministry of Agriculture and Farmers Welfare with the objective of accelerating agricultural growth and enhancing farmers income. The primary aim of this scheme is to encourage greater investment in agriculture and allied sectors by providing states with the flexibility to formulate projects based on local requirements. It places special emphasis on boosting productivity, strengthening infrastructure such as irrigation and warehousing facilities and promoting the adoption of modern technologies in farming. Subsequently revamped as RKVY-RAFTAAR, the scheme also extends support to agri-startups and innovative initiatives; thereby paving the way for enhanced opportunities for farmers, entrepreneurs, and rural communities, while simultaneously ensuring sustainable agricultural development across India.
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