Class : B.A/B.SC HONORS 2012,geography_3

Jun 28th, 2015
Studypool Tutor
Arapahoe Community College
Price: $30 USD

Tutor description

A new State Plan Scheme of Additional Central Assistance (ACA) for agriculture and allied sectors, the Rashtriya Krishi Vikas Yojana (RKVY) was launched during 2007-08 with an envisaged outlay of Rs.25,000 crore for the 11th Five Year Plan.

Word Count: 1891
Showing Page: 1/7
Bestcurrentaffairs.comAGRICULTUREAgriculture is the mainstay of the Indian economy. Agriculture and allied sectors contributenearly 15.7% of Gross Domestic Product (GDP), while about 60% of the populationis dependent on agriculture for their livelihood.The agricultural output depends on monsoon as nearly 56% of area sown isdependent on rainfall.RASHTRIYA KRISHI VIKAS YOJANAA new State Plan Scheme of Additional Central Assistance (ACA) for agriculture andallied sectors, the Rashtriya Krishi Vikas Yojana (RKVY) was launched during 2007-08 withan envisaged outlay of Rs.25,000 crore for the 11th Five Year Plan.The broad objective of RKVY is to incentivize the States to increase public investment toachieve 4 %growth rate in agriculture and allied sectors during the 11th Five YearPlan.The new Scheme requires the States to prepare District and State Agriculture Plansand at least maintain or increase the percentages share of expenditure in agriculture andallied sectors in the State Plan.The ACA would be made available to the States as 100 per cent. The funds under theScheme are provided to the States as 100 %grant by the Central Government.Since the RKVY Scheme is a State Plan Scheme being implemented by the States, the Statesare required to take appropriate steps for identification of Schemes for prioritydevelopment under RKVY.The State Level Sanctioning Committee (SLSC) headed by the Chief Secretaryapproves the projects under RKVY.The distribution of the fun

Review from student

Studypool Student
" Thanks for the help. "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1825 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors