The Center will allocate ₹ 235 crore to Karnataka for agricultural development under the RKVY programme.

Agriculture Minister Shobha Karandlaje on Thursday said the Center has released the third installment of the Rashtriya Krishi Vikas Yojana (RKVY) to Karnataka for 2023-24. The Center has also approved the procurement of Bengal Gram (chana) in the state at a minimum support price (MSP) of ₹ 5,440 per quintal with a maximum quantity of 1,39,740 tonnes in 2023-24 under the Agricultural Price Support Scheme. said the ministry in a statement. Agriculture Minister Shobha Karandlaje on Thursday said the Center has allocated Karnataka under the third tranche of the Rashtriya Krishi Vikas Yojana (RKVY) for 2023-24. The Center has also approved the procurement of Bengal Gram (chana) in the state at a minimum support price (MSP) of ₹ 5,440 per quintal of a maximum quantity of 1,39,740 tonnes for the rabi season 2023-24 under the price support scheme, A statement from the agriculture ministry said.

The state will use the amount to implement components of the RKVY scheme such as soil health and fertility, rain fertility, paramparagat krishi Vikas yojana and proposal for agricultural mechanization (SMAM), drop by drop. cultivation, agroforestry and crop diversification program. The sanctioned amount will be used to improve the infrastructure of the agricultural sector with the above components of road construction, construction of water intake facilities, establishment of demonstration units, acquisition of mineral resource tractors, tillers and drones, promotion of integrated agriculture. , healthy soil fertility and setting up of customized rental centers etc.

Karandlaje also mentioned in Delhi on Thursday that the Agriculture Ministry has allocated a total of ₹ 761.89 crore under RKVY 2023-24 to Karnataka for this year to implement all the above. components for the welfare of farmers in Karnataka. In January, the ministry allocated an additional ₹ 178.65 crore to Karnataka under the RKVY scheme. Additional allocation for the implementation of SMAM (120 kroner), soil health card (12.00 kroner) and RKVY – DPR (46.65 million kroner) was approved. The original allocation for the RKVY scheme was ₹ 583.24 crore, which was increased to ₹ 761.89 crore in 2023-24. Out of the total allocation of ₹761.89 crore, the Center has so far released a total of ₹526.75 crore and the rest will be released after utilizing the amount already released to the state, the statement said.

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