The Centre has released around 7 thousands crore rupees to various states under the Rashtriya Krishi Vikas Yojana, RKVY, till February of this fiscal.

According to an official release, the government has made provision of over 9 thousands crore rupees for this scheme in the Budget for next financial year.

Under the RKVY scheme, special initiative for pulses and oilseeds development in selected areas has also been proposed.

It has focused to accelerated fodder development programme and promotion of oil palm in different region. The scheme aims to achieve four percent annual growth in the agriculture sector by a holistic development of agriculture and allied sectors in the country.