Rashtriya Krishi Vikas Yojana
Last Updated
July 2026 Fact Checked By: Schemewala Editorial Team
Quick Summary
| Detail | Information |
|---|---|
| Scheme Name | Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY) |
| Launched | 2007 (Restructured as PM-RKVY recently) |
| Ministry | Ministry of Agriculture and Farmers Welfare |
| Beneficiaries | States (indirectly benefits all farmers) |
| Benefit | Funding for state-specific agricultural infrastructure and projects |
| Official Website | rkvy.nic.in |
About the Scheme
The Rashtriya Krishi Vikas Yojana (RKVY), recently restructured as the Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY), is a massive Centrally Sponsored Scheme. Unlike schemes that transfer cash directly to farmers, PM-RKVY acts as an "umbrella" or "cafeteria" scheme. It provides massive funding to State Governments, giving them the flexibility to choose, design, and execute agricultural projects based on their unique local needs and agro-climatic conditions.Whether a state needs to build cold storage, promote organic farming, distribute tractors, or fund agri-startups, PM-RKVY provides the financial backing. The Central Government shares the cost with the States (usually 60:40) and links future fund allocations to state performance, pushing states to aggressively modernise their agricultural sectors.
Benefits & Financial Assistance
Farmers do not receive direct cash deposits from PM-RKVY. Instead, they benefit from the massive infrastructure and subsidised projects funded by the scheme in their state:
- Agricultural Mechanization: Funding for programs (like SMAM) that provide heavy subsidies to farmers for buying tractors, rotavators, and crop residue management machines.
- Soil & Water Management: Supports the Soil Health Card scheme and micro-irrigation setups (Per Drop More Crop) to improve farm yields.
- Organic Farming: Funds the Paramparagat Krishi Vikas Yojna (PKVY), helping farmers transition to highly profitable organic farming.
- Infrastructure Growth: Builds local warehouses, rural markets, and post-harvest storage facilities, reducing crop spoilage and increasing farmer profits.
- Agri-Startups: Provides seed money and accelerator funds for young entrepreneurs launching agricultural tech startups.
Eligibility Criteria
Who is eligible (To execute projects):
- State Governments and Union Territories: The primary recipients of RKVY funds.
- States must prepare comprehensive District and State Agriculture Plans to be eligible for fund release.
Who is eligible (To receive end benefits):
- All Indian Farmers: Farmers benefit by participating in the specific sub-projects launched by their State Agriculture Departments using RKVY funds (e.g., applying for a subsidized tractor in Punjab or a greenhouse in Maharashtra).
Documents Required
Since individual farmers do not apply directly to the central "RKVY Scheme," there is no central document list. However, when a farmer applies for a specific state project funded by RKVY (like a machinery subsidy), they generally need:
- Aadhaar Card
- Land Ownership Proof (Khatauni/7-12)
- Bank Account Details
- Quotation/Bill (if applying for machinery or infrastructure subsidy)
How to Apply
Farmers cannot apply directly to the Central Government for RKVY. To access the benefits:
- Visit your local District Agriculture Office or your State's Agriculture Department website.
- Look for active state schemes or subsidies (e.g., subsidy for farm ponds, fencing, or tractors). Many of these are secretly funded by RKVY.
- Fill out the application for that specific state project according to local rules.
Latest Updates (2026)
- Restructuring to PM-RKVY: The scheme has been fully rationalized into a massive umbrella program, merging several older, standalone agricultural missions into one streamlined funding channel.
- Performance-Linked Funding: The Centre has introduced strict performance indices. States that implement structural agricultural reforms and complete projects quickly receive larger budget allocations.
- Agri-Startup Focus: A significant portion of the latest funding is being aggressively pushed toward the Agri-Startup Accelerator Fund to bring AI and modern tech to traditional farming.
Important Links
| Purpose | Link |
|---|---|
| Official Central Portal | rkvy.nic.in |
| Ministry Information | agricoop.nic.in |
| Agri-Startup Portal | agristartup.gov.in |
(Note: For state-specific schemes, always visit your respective State Agriculture Department website).
FAQs
Can I get a loan or cash directly from RKVY?
No. RKVY does not give direct cash transfers or loans to individual farmers. It gives money to state governments to build infrastructure or run subsidy programs.
How do I know which RKVY projects are running in my state?
You must contact your local Block Agriculture Officer or check your State Government's agriculture portal. States frequently announce subsidies (like 50% off on a rotavator) which are actually funded by RKVY.
Are organic farming schemes part of RKVY?
Yes. The Paramparagat Krishi Vikas Yojna (PKVY), which promotes organic farming and certification, is a major component funded under the PM-RKVY umbrella.
What is the funding ratio between Centre and State?
For general states, the Centre pays 60% and the State pays 40%. For North-Eastern and Himalayan states, the ratio is 90:10. Union Territories get 100% central funding.
How are agri-startups funded under this scheme?
RKVY allocates a specific Accelerator Fund. Agri-tech entrepreneurs can pitch their ideas to recognized incubators and receive seed funding to scale their innovations in the agriculture sector.
Sources
- Rashtriya Krishi Vikas Yojana (RKVY) Portal
- Ministry of Agriculture and Farmers Welfare
- Press Information Bureau (PIB)
Conclusion
While the Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY) operates behind the scenes, it is the financial backbone of India's agricultural modernization. By empowering states to fund everything from advanced tractors to rural cold storages, it ensures that local agricultural problems are met with well-funded, locally designed solutions. Farmers should actively stay in touch with their state agriculture departments to take full advantage of the subsidies and projects rolling out under this massive scheme.
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