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Rashtriya Krishi Vikas Yojana (PM-RKVY)

At a glance

RKVY began in 2007 as a flexible fund that lets states design their own agriculture projects. In October 2024, the Cabinet reorganised most agriculture schemes into two umbrellas: PM-RKVY (sustainable agriculture) with Rs 57,074.72 crore, and Krishonnati Yojana (food security) with Rs 44,246.89 crore — Rs 1,01,321.61 crore in total. PM-RKVY is a "cafeteria" scheme: states pick from a menu of components and can move money to what their farmers need most. Farmers do not apply to RKVY directly at a national portal; benefits reach them through state department projects.

Who is eligible

  • All farmers, through projects run by their state agriculture and allied departments
  • FPOs, cooperatives, agri-entrepreneurs, and agri-startups (through specific components such as the innovation/agripreneurship fund)
  • States and UTs are the direct implementers; cost sharing is generally 60:40 Centre:State (90:10 for North-Eastern and Himalayan states, 100% central for UTs)

Benefits

PM-RKVY brings together these components (states choose the mix):

  • Soil Health Management — soil testing and soil health cards, balanced fertiliser use
  • Rainfed Area Development — support for farming in non-irrigated areas
  • Agroforestry — trees on farms, quality planting material and nurseries
  • Paramparagat Krishi Vikas Yojana (PKVY) — organic farming clusters and certification
  • Agricultural Mechanisation — machine subsidies, custom hiring centres, crop residue management
  • Per Drop More Crop — drip and sprinkler micro-irrigation subsidies
  • Crop Diversification Programme — shifting to less water-hungry, higher-value crops
  • RKVY DPR component — state infrastructure projects (markets, storage, farm assets)
  • Accelerator Fund — support for agri-startups Subsidy rates and unit costs differ by component and state — confirm on your state agriculture department's portal.

How to apply

  1. Watch your state agriculture department's announcements — most states open component-wise applications (e.g., farm machinery, drip irrigation, organic clusters) on their own portals each year.
  2. Apply through the state portal, district agriculture office, or Krishi Vigyan Kendra as directed.
  3. Selection is often first-come or by lottery when demand is high; subsidy is paid after purchase/verification or directly to the supplier.

Documents required

  • Aadhaar and bank account details
  • Land record (khata/khasra or state equivalent)
  • Caste certificate if applying under reserved-category quotas
  • Quotations for machinery/equipment where applicable — state portals list exact requirements

Key dates & status

  • Running since 2007; rationalised as PM-RKVY under Cabinet approval of 3 October 2024
  • Active through the 15th Finance Commission period (to 2025-26); state application windows vary

Common questions

Q: Can I apply for RKVY money directly? Not at the national level. You apply for specific benefits (machines, drip systems, organic farming) through your state's schemes, which PM-RKVY funds.

Q: Is drip irrigation subsidised under this? Yes — Per Drop More Crop, now a PM-RKVY component, subsidises drip and sprinkler systems. Rates vary by state and farmer category.

Q: What happened to the old schemes like PKVY and SMAM? They were not closed — they were merged as components under PM-RKVY in October 2024. Benefits continue via states.

Q: I run an agri-startup. Is there anything for me? Yes, the innovation and agri-entrepreneurship (accelerator) component supports startups — check rkvy.da.gov.in for current calls.

Sources: https://rkvy.da.gov.in/, https://www.pib.gov.in/Pressreleaseshare.aspx?PRID=2061650, https://www.pmindia.gov.in/en/news_updates/cabinet-approves-the-pm-rashtriya-krishi-vikas-yojana-pm-rkvy-to-promote-sustainable-agriculture-and-krishonnati-yojana-ky-to-achieve-food-security-for-self-sufficiency/, https://www.uasbangalore.edu.in/wp-content/uploads/2024/11/PM-RKVY-Guidelines-as-on-14.11.2024.pdf. Last verified: 2026-08-07. Always confirm current details on the official portal before acting.