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Title: Fresh funds for scheme to make farmers market ready
Source:Mint
Date:2 November 2017

The Union government earmarked fresh funds for an agricultural programme designed to enable farmers to produce and sell crops which net better remuneration. The government has already committed itself to doubling farm income by 2022. The Union cabinet renamed the Rashtriya Krishi Vikas Yojana (RKVY) as RKVY-RAFTAAR (Remunerative Approaches for Agriculture and Allied sector Rejuvenation) with an allocation of Rs15,722 crore for the next three years. The RKVY-RAFTAAR funds would be provided in the ratio of 60:40 to all states except for North-East and Himalayan states which will get 90:10 grant. For 2017-18, the scheme has been allocated Rs4,750 crore.




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