The Rashtriya Krishi Vikas Yojana (RKVY) – Remunerative Approaches for Agriculture and Allied Sector Rejuvenation (RAFTAAR) scheme aims to make farming a profitable economic activity by supporting farmers, mitigating risks, and promoting agri-business entrepreneurship. This scheme incentivizes states to increase public investment in agriculture and allied sectors, offering them flexibility and autonomy in planning and execution. It focuses on addressing local agricultural priorities based on agro-climatic conditions and available resources. RKVY-RAFTAAR seeks to reduce yield gaps in key crops and improve productivity across agriculture and allied sectors through focused interventions. The scheme operates on a project-based approach, requiring states to prepare Detailed Project Reports (DPRs) outlining feasibility, implementing agencies’ competencies, and expected benefits, with clear timelines for implementation.
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