Govt proposes merging two farm schemes for greater state flexibility

• Government seeks inter-ministerial comments on merging Pradhan Mantri Rashtriya Krishi Vikas Yojana and Krishonnati Yojana.
• The merger aims to create a single umbrella scheme, offering states more flexibility in implementing need-based components.
• Currently, centrally sponsored schemes operate under two umbrellas: PM-RKVY and Krishonnati Yojana.
• An Expenditure Finance Commission (EFC) draft for the 16th Finance Commission period has been initiated.
• Restructuring details, funding framework, and allocation criteria will be finalized after consultations and EFC note approval.