Why in News?
Union Ministry of Agriculture has proposed a major restructuring of agricultural schemes by merging three schemes into Pradhan Mantri-Rashtriya Krishi Vikas Yojana (PM-RKVY).
Three schemes to be merged under PM-RKVY:
- Krishonnati Yojana (KY) – Focus on food security & farmers’ income
- National Mission on Natural Farming (NMNF) – Promotes chemical-free farming
- National Bee and Honey Mission (NBHM) – Supports apiculture & pollination
Key Features of the Restructured Scheme:
Performance-Linked Funding Framework: For the first time, the allocation of central funds will be tied to a “Reform Score,” shifting from an expenditure-driven approach to an outcome-oriented one.
- 30% of funds will depend on a “Reform Score”.
- States will be incentivized for: Land leasing reforms, Agricultural market liberalization and Structural policy improvements.
Funding Pattern:
- General States: 60:40 (Centre:State).
- Northeastern and Himalayan States: 90:10.
- Union Territories: 100% central funding
