Describe the major components of Rashtriya Krishi Vikas Yojana (RKVY) and explain how these components contribute to holistic agricultural development.
Rastriya Krishi Vikas Yojana (RKVY) is a centrally sponsored scheme launched by the Government of India in 2007 to promote the holistic development of agriculture and allied sectors.
Production Growth: Focuses on increasing production through interventions in crop production, horticulture, and animal husbandry. States are encouraged to invest in modern technology and infrastructure.
Infrastructure and Assets: Investments in infrastructure like irrigation systems, cold storage, warehouses, and processing units help reduce post-harvest losses and improve value addition.
Increased Farmer Incomes: Boosts productivity and access to markets, enabling farmers to sell their produce at better prices.
Sustainable Farming Practices: Promotes practices like soil health management, water conservation, and organic farming for long-term agricultural growth.