Government Scheme through MCQs : Ministry of Agriculture and Farmer Welfare

Government Scheme through MCQs : Ministry of Agriculture. Understand the concept of Government schemes through MCQs for RBI Grade B, NABARD Grade A, UPSC 2021. This Article provide information about Important Government schemes of Ministry of Agriculture.

Paragraph -  In order to contribute directly and indirectly to enhancing the income of farmers by providing opportunities to them and to provide employment to youth, start-ups are being encouraged. A component, Innovation and Agri-entrepreneurship Development programme has been launched under Rashtriya Krishi Vikas Yojana in order to promote innovation and agripreneurship by providing financial support and nurturing the incubation ecosystem

Q-1. How many startups will be funded in the First Phase of innovation and agripreneurship component of Rashtriya Krishi Vikas Yojana in 2020-21

A. 72

B. 86

C. 102

D. 112

E. 124

Q - 2. When did the government launched Rashtriya Krishi Vikas Yojana

A. 2005

B. 2007

C. 2011

D. 2014

E. 2017

Q - 3. Which of the following statement is/are correct RKVY-RAFTAAR

I. Government in the Year 2017 renamed the Rashtriya Krishi Vikas Yojana (RKVY) as Rashtriya Krishi Vikas Yojana- Remunerative Approaches for Agriculture and Allied Sector Rejuvenation (RKVY-RAFTAAR).

II. The main objective of RKVY-RAFTAAR is to develop farming as a main source of economic activity

III. RKVY-RAFTAAR is a Central Sector Scheme

Choose the Correct Code :

A. Only I & II

B. Only II

C. Only II & III

D. Only I & III

E. All I, II & III

Explanations :-

Ministry of Agriculture funding start-ups under the innovation and agripreneurship component of Rashtriya Krishi Vikas Yojana in 2020-21

In addition to 112 startups already funded for a sum of Rs. 11.85 Crore in First Phase in Current Financial Year, 234 startups in the agriculture and allied sectors will be funded for a sum of Rs. 24.85 Crore.

The funds will be given to the start-ups selected by different knowledge partners and agribusiness incubators in the area of agro-processing, food technology and value addition, he said.

The funds will be provided under the Innovation and Agri-entrepreneurship Development Programme launched under the revamped Rashtriya Krishi Vikas Yojana (RKVY).

These start-ups were trained for two months at 29 agribusiness incubation centers (KPs & RABIs) spread across India

The government has identified five knowledge partners as centres of excellence and 24 RKVY-RAFTAAR agribusiness incubators (R-ABIs) from across the country

DAC&FW has selected 5 Knowledge Partners (KPs) as Centres of Excellence.  These are –

• National Institute of Agricultural Extension Management (MANAGE), Hyderabad,
• National Institute of Agricultural Marketing(NIAM) Jaipur,
• Indian Agricultural Research Institute (IARI) Pusa, New Delhi,
• University of Agriculture Science , Dharwad, Karnataka and
• Assam Agriculture University, Jorhat, Assam

The following are the components of this scheme:

• Agripreneurship Orientation – 2 months duration with a monthly stipend of Rs.  10,000/- per month.  Mentorship is provided on financial, technical, IP issues etc.
• Seed Stage Funding of R-ABI Incubatees – Funding upto Rs. 25 lakhs (85% grant & 15% contribution from the incubatee).
• Idea/Pre-Seed Stage Funding of Agripreneurs – Funding up to Rs. 5 lakhs (90% grant and 10% contribution from the incubatee).

RKVY scheme was initiated in 2007 as an umbrella scheme for ensuring holistic development of agriculture and allied sectors.

The scheme incentivizes States to increase public investment in Agriculture & allied sectors.

States initiate the process of decentralized planning for agriculture and allied sectors through preparation of District Agriculture Plans (DAPs) and State Agriculture Plan (SAP) based on agro-climatic conditions, availability of appropriate technology and natural resources to ensure accommodation of local needs, cropping pattern, priorities etc.

The Cabinet has approved (as on 1st November 2017) for the continuation of the ongoing Centrally Sponsored Scheme – Rashtriya Krishi Vikas Yojana (RKVY) as Rashtriya Krishi Vikas Yojana- Remunerative Approaches for Agriculture and Allied Sector Rejuvenation (RKVY-RAFTAAR).

The main objective of Rashtriya Krishi Vikas Yojana is to develop farming as a main source of economic activity. 

Fund Sharing in RKVY-RAFTAAR will continue to be in the ratio of 60: 40 for states except in the case of northeastern and hilly states where the sharing pattern is 90:10. For UTs the grant is 100% as Central share