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Cupboard Briefing: PM Rashtriya Krishi Vikas Yojana authorized with complete proposed expenditure of Rs 1 lakh cr


The Cupboard on Thursday authorized the PM Rashtriya Krishi Vikas Yojana (PM-RKVY), which goals to advertise sustainable agriculture and Krishonnati Yojana (KY) to realize meals safety for self sufficiency with mixed complete proposed expenditure of Rs 1 lakh crore. Through the Cupboard briefing, union minister Ashwini Vaishnaw mentioned the 2 schemes will promote agricultural mechanisation together with crop residue administration and accelerator fund for agri startups.

He mentioned the agri schemes will deal with emergent challenges within the agricultural panorama together with local weather resilience, worth chain improvement, and startups.

Through the July Finances, the federal government made a dedication to boost agricultural productiveness as a high precedence for farmers. In Finances 2024-25, Union Finance Minister Nirmala Sitharaman allotted Rs 1.52 lakh crore to agriculture and allied actions, a rise from Rs 1.40 lakh crore within the earlier fiscal yr.

The 2024-25 Union Finances has allotted Rs 7,550 crore for the Rashtriya Krishi Vikas Yojana, a scheme that was launched in 2007 to enhance agriculture and allied sectors by enhancing pre- and post-harvest infrastructure. It’s anticipated that the scheme will probably be renamed as PM Krishi Vikas Yojana within the upcoming assembly.

The scheme provides precedence to initiatives resembling ‘Paramparagat Krishi Vikas Yojana’ for natural farming, Per Drop Extra Crop, and the Accelerator Fund for Agri Begin-ups. The minister highlighted that these schemes intention to enhance the worth chain and incorporate know-how.

Krishonnati Yojana, a complementary scheme, helps total agricultural improvement by way of packages just like the Nationwide Meals Safety and Diet Mission, Mission for Built-in Improvement of Horticulture, and Sub-Mission on Agriculture Extension.

PM- Rashtriya Krishi Vikas Yojana

1. Soil Well being and Fertility
2. Rainfed Space Improvement
3. Paramparagat Krishi Vikas Yojana
4. Agricultural Mechanization together with Crop Residue
Administration
5. Per Drop Extra Crop together with MIF
6. Agro-Forestry
7. Crop Diversification Programme
8. RKVY DPR part
9. Accelerator Fund for Agri Begin-ups

Krishonnati Yojana
1. Nationwide Meals Safety and Diet Mission
2. Nationwide Mission on Edible Oils – Oilpalm
3. Nationwide Mission on Edible Oils – Oilseed
4. Mission for Built-in Improvement of Horticulture
5. Sub-Mission on Agriculture Extension
6. Mission Natural Worth Chain Improvement for NER
7. Built-in Scheme for Agricultural Advertising
8. Digital Agriculture Mission
9. Built-in Scheme on Agriculture Census, Economics
and Statistics.

The scheme additionally goals to spice up oil manufacturing with the Nationwide Mission on Edible Oils and promote fashionable farming strategies by way of the Digital Agriculture Mission.

To attain self-sufficiency in oilseed manufacturing, the Cupboard has authorized the Nationwide Mission on Edible Oils – Oilseeds (NMEO-Oilseeds) which is able to span seven years. The federal government has earmarked Rs 10,103 crore for this initiative.

Chennai metro Part-2

The Union Cupboard on Thursday authorized the section two of Chennai Metro with a mission price of Rs 63,246 crore. The brand new section will cowl three corridors with a size of 119 km and likewise add a capability of 13 lakh passengers day by day. This mission will probably be carried out by each state and central authorities in a 50:50 enterprise, the minister mentioned. The mission will probably be carried out by each state and central authorities in a 50:50 enterprise, Union Minister Ashwini Vaishanaw.

• Inhabitants: 1.26 Cr in 2026 and 1.80 Cr in 2048
• Complete Mobility Plan (2018) for Chennai Metropolitan
• Space recognized the three potential Mass Transit Corridors
• Chennai Metro Rail Challenge Part 2 overlaying size of 119 km
• Whole Completion Price is ₹ 63,246 crore
• 3 Corridors – Partially Underground/Elevated – 120 Stations
• Applied by Chennai Metro Rail Ltd (CMRL) the present SPV with 50:50 share of Govt of India and Govt of TN

• 3 New Corridors
• Madhavaram to SIPCOT
• Lighthouse to Poonamallee Bypass
• Madhavaram to Sholinganallur
• Whole Size of Hall – 119 km
• Elevated 64%
• Underground 36%
• Stations – 128*
• Elevated – 80
• Underground – 48

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