ForumIAS announcing GS Foundation Program for UPSC CSE 2025-26 from 19 April. Click Here for more information.
ForumIAS Answer Writing Focus Group (AWFG) for Mains 2024 commencing from 24th June 2024. The Entrance Test for the program will be held on 28th April 2024 at 9 AM. To know more about the program visit: https://forumias.com/blog/awfg2024
News: The Ministry of Agriculture has been funding start-ups under the innovation and agri entrepreneurship component of Rashtriya Krishi Vikas Yojana in 2020-21.
Facts:
- Innovation and Agri-entrepreneurship Development programme: It is a component launched under Rashtriya Krishi Vikas Yojana in order to promote innovation and agri entrepreneurship by providing financial support and nurturing the incubation ecosystem.
Additional Facts:
- Rashtriya Krishi Vikas Yojana- Remunerative Approaches for Agriculture and Allied sector Rejuvenation(RKVY-RAFTAAR): It was launched in 2007 to ensure holistic development of agriculture and allied sectors.
- Objective: To make farming a remunerative economic activity through strengthening the farmers effort, risk mitigation and promoting agri-business entrepreneurship.
- Approach: It allows states to choose their own agriculture and allied sector development activities as per the district/state agriculture plan.
- Funding: It is a Centrally Sponsored Scheme with funds to be provided to the States as 60:40 grants between Centre and States (90:10 for North Eastern States and Himalayan States).For Union Territories the funding pattern is 100 % central grant.
