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Government Eyes Merging PM-RKVY And Krishonnati Yojana into Single Agriculture Scheme

Written by: Team Angel OneUpdated on: 9 Feb 2026, 7:13 pm IST
The Centre is considering merging PM-RKVY and Krishonnati Yojana into one umbrella scheme to give states greater flexibility.
Government Eyes Merging PM-RKVY And Krishonnati Yojana into Single Agriculture Scheme
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The Union government is exploring the consolidation of 2 key centrally sponsored agriculture schemes into a single umbrella programme, a move aimed at improving flexibility and state-level implementation efficiency, as per PTI reports. 

Centre Seeks Inputs on Unified Scheme 

Minister of State for Agriculture Ramnath Thakur informed the Rajya Sabha that the Ministry of Agriculture and Farmers Welfare currently operates its centrally sponsored schemes under two umbrellas: the Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY) and the Krishonnati Yojana (KY).  

An Expenditure Finance Commission (EFC) draft proposing a unified umbrella scheme for the 16th Finance Commission period has been prepared and circulated for inter-ministerial consultations. “The draft has been circulated for inter-ministerial consultations,” Thakur said in a written reply. 

Objective And Next Steps 

According to the minister, the proposal is intended to allow states greater freedom to select need-based components rather than being constrained by rigid scheme structures.  

Once feedback is received from concerned ministries and NITI Aayog, the EFC note may be revised before being finalised. 

Details related to restructuring, funding architecture, allocation criteria, weightage for states and Union Territories, and any performance-linked funding will be finalised only after the EFC note completes the approval process. 

Read More: PM Kisan Scheme: Is Farmer ID Mandatory for All Beneficiaries to Get 22nd Instalment? 

Conclusion 

If implemented, the merger could streamline agricultural scheme delivery and provide states with more operational flexibility, marking a shift toward outcome-oriented programme design. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipieplnts should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Feb 9, 2026, 1:43 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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