Video summary

Rashtriya Krishi Vikas Yojana (RKVY) Explained | Latest Agri Current Affairs for IBPS AFO

Main summary

Key takeaways

Educational

Main ideas / lessons conveyed

  • The video explains Rashtriya Krishi Vikas Yojana (RKVY) as a highly exam-relevant umbrella scheme for agricultural development.
  • Timeline/restructuring is emphasized as “current affairs” because the scheme is periodically modified/restructured:
    • Started as RKVY in 2007
    • Modified in 2017 into RKVY Raftaar
    • Restructured again in 2024 into RKVY Cafeteria
  • The scheme is a centrally sponsored scheme under the Ministry of Agriculture and Farmers Welfare.
  • Core goals across versions include:
    • Sustainable agriculture
    • Increasing productivity, ultimately improving farmers’ income
    • Giving flexibility to states to implement activities as appropriate
    • Promoting agri-startups / agri-entrepreneurship
    • Building pre- and post-harvest infrastructure
    • Supporting value chain addition and income-generating activities
    • Attracting youth toward agriculture via skills, innovation, and entrepreneurship
  • The video highlights funding priorities for RKVY Raftaar (2017) with a percentage split and explains the logic:
    • Allocate a major share to infrastructure, some to sub-schemes, and some to innovation/startups.
  • A later structural change is also explained: under 2024 umbrella planning, schemes are grouped under two main umbrellas:
    • PM RKVY Cafeteria (sustainable agriculture)
    • Krishi Unnati Yojana (food security)

Detailed methodology / instructions-like content (what to remember)

1) Basic identification facts to memorize (RKVY)

  • Name: Rashtriya Krishi Vikas Yojana (RKVY)
  • Launched: 2007
  • Ministry: Ministry of Agriculture and Farmers Welfare
  • Type: Centrally sponsored scheme
  • Funding logic (sharing pattern):
    • General States: Centre 60%, State 40%
    • North Eastern / Himalayan states: Centre 90%, State 10%
    • Union Territories: 100% by Central Government
  • Core objective themes:
    • Promote sustainable agriculture
    • Increase agricultural productivity to raise farmers’ earnings
    • Provide flexibility to states
    • Promote agri-entrepreneurship / startups

2) Restructuring to remember (versions and years)

  • 2007: RKVY
  • 2017: RKVY Raftaar
    • Revised to improve efficiency and effectiveness
    • Reorganized for better coverage/benefits
  • 2024: RKVY Cafeteria
    • Restructured by merging seven schemes to improve convergence and reduce duplication
    • Result: more schemes fall under the umbrella (described as expanding into a “very big scheme”)

3) Full form & meaning to remember (RKVY Raftaar)

  • RKVY Raftaar
    • Raftaar full form: Regenerative Approach for Agriculture and Allied Sector Rejuvenation
  • Emphasis:
    • Regenerative: farming becomes more remunerative (money-making)
    • Rejuvenation: revive/start afresh in allied sectors (non-farm/agri-allied work)

4) RKVY Raftaar: key focus areas (2017) — what work it supports

  • Creation of pre- and post-harvest agri infrastructure
  • State autonomy to run the scheme as per local needs
  • Value chain addition
  • Income generation through activities such as:
    • intermediary farming
    • mushroom cultivation
    • beekeeping
    • aromatic plant cultivation
    • floriculture
  • Skill development and innovation/agripreneurship to attract youth
  • Risk mitigation to reduce farmer risk
  • Promote agribusiness entrepreneurship

5) Funding allocation pattern inside RKVY Raftaar (percentages to memorize)

  • Total allocation split:
    • 70%: infrastructure
    • 20%: sub-schemes
    • 10%: innovation / startups
  • Breakdown inside 70% infrastructure:
    • 20% of total: pre-harvest infrastructure
    • 30% of total: post-harvest
    • 30% of total: value addition
    • Remaining flexibility allows categories to shift based on needs
  • Video reminder: “70% infrastructure, 20% sub-schemes, 10% startups”

6) Innovation & Agri Entrepreneurship component (startup assistance)

  • Focus areas:
    • promoting agri startups
    • bringing innovation in agriculture
  • Reported achievements (as stated):
    • Started around 2018–19 (video mentions 2018-19 and 2019-20)
    • Up to 2024–25, it supported 1554 startups
    • 387 were run by women
    • Financial assistance reported: ₹111 crore
  • Startup stages + assistance:
    • Two stages:
      • Pre-seed stage: idea/prototype stage (before full start)
      • Seed stage: startup is operational/starting implementation
    • Pre-seed stage assistance:
      • Financial assistance up to ₹5 lakh
      • Government bears 90%, entrepreneur bears 10%
      • Example logic: if expense = ₹1 lakh → gov gives ₹90,000; you pay ₹10,000
    • Seed stage assistance:
      • Financial assistance up to ₹25 lakh
      • Government bears 85%, entrepreneur bears 15%
      • Example logic: if total cost = ₹20 lakh → assistance = 85% = ₹17 lakh (not ₹25 lakh)
      • To reach max: if cost ≈ ₹30 lakh → 85% ≈ ₹25 lakh
    • Clarification:
      • Described as financial assistance (not a loan), so repayment is not emphasized.

7) RKVY Cafeteria grouping in 2024 (two umbrella schemes)

  • Government groups centrally sponsored schemes under two umbrella schemes:
    • PM Rashtriya Krishi Vikas Yojana (PM RKVY) Cafeteria → sustainable agriculture umbrella
    • Krishi Unnati Yojana → food security umbrella

RKVY Cafeteria (described as having nine schemes under it)

Includes:

  • Soil health management
  • Rainfed area development
  • Agroforestry
  • Traditional Agriculture Development Programme (as mentioned)
  • Agriculture Mechanization
  • Crop Residue Management

Plus program names described as merged/created:

  • Per Drop More Crop Crop Diversification Programme
  • RKVY District Project Report (DPR) component
  • Accelerated Fund for Agri Startups

Krishi Unnati Yojana (described as having nine schemes under it)

Includes:

  • NFSM
  • SMSSP (seed/planting material component referenced)
  • NMEO-OP (Mission on Oil Palm referenced)
  • Mission for Integrated Development
  • National Bamboo Mission
  • Integrated Scheme for Agri Marketing
  • Plus others referenced about extension/digital agriculture (e.g., “Agriculture Extension and Digital Agriculture”)

8) Budget/outlay figures given (as stated)

  • Total outlay for both umbrella schemes described:
    • ₹1,32,1321 crore (as transcribed; exact formatting may be unclear in subtitles)
  • Split described (as stated):
    • RKVY: ₹57,000 crore
    • Krishi Unnati Yojana: approximately ₹44,000 crore
    • Centre share vs state share mentioned with numbers ₹69,000 crore and ₹32,000 crore (subtitle formatting appears inconsistent, but those figures were stated)

9) “No duplication” rationale (conceptual instruction)

  • The video explains duplication conceptually:
    • If two schemes support similar farming approaches (example mentioned: zero budget natural farming vs sustainable agriculture), restructuring aims to reduce duplication and improve efficiency/monitoring.

Speakers / sources featured

  • Primary speaker: The instructor/host (male), teaching in an IBPS AFO current affairs context.
  • No external named guest sources, besides mentions such as:
    • “Agriculture by ACC” (an app mentioned in a warning/clarification about data safety)
    • “YouTube Agri” and a YouTube channel (used as an example)
  • Mentions of students/comments (non-authoritative): Amar Singh, Vidit Singh, Leela ji/Leela sister, Pushpendra, Somnath, Somnath Bhai, Hail India (closing phrase).

Original video