Question

Q9. Consider the following statements with reference to Rashtriya Krishi Vikas Yojana
1. Rashtriya Krishi Vikas Yojana is a State Plan Scheme of Additional Central Assistance launched as a part of the 12th Five Year Plan by the Government of India)
2. RKVY was started to incentivize the states in order to increase their investment in Agriculture and allied sectors
3. The pattern of funding under RKVY is 100% Central Government Grant
Choose the correct statement/s from the options given below

• A. a) 1 and 2
• B. b) 2 and 3
• C. c) 1 and 3
• D. d) 1, 2 and 3

Answer 1

The correct option is B b) 2 and 3

Rashtriya Krishi Vikas Yojana
1. Rashtriya Krishi Vikas Yojana is a State Plan Scheme of Additional Central Assistance launched in August 2007 as a part of the 11th Five Year Plan by the Government of India)
2. Launched under the aegis of the National Development Council, it seeks to achieve 4% annual growth in agriculture through development of Agriculture and its allied sectors during the period under the 11th Five Year Plan (2007–11).
3. It was started to incentivize the states in order to increase their investment in Agriculture and allied sectors
4. The scheme encourages convergence with other programmes such as NREGS
5. The pattern of funding is 100% Central Government Grant