Budget 2026: ₹8,550 Crore Allocated for Rashtriya Krishi Vikas Yojana

• Finance Minister Sitharaman allocated ₹1,62,671 crore for the agriculture sector in Budget 2026, a 7% increase from FY2025-26.
• The flagship Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY) received ₹8,550 crore, a marginal increase from the previous budget.
• The budget emphasizes farmer welfare, food security, rural livelihoods, high-value agriculture, and technology-led farming.
• Initiatives were announced to support high-value crops like coconut, sandalwood, cocoa, cashew, agarwood, walnuts, almonds, and pine nuts.
• PM-RKVY aims for inclusive, sustainable agricultural development, focusing on infrastructure, agri-entrepreneurship, and modern farming methods.

Why It Matters: Budget 2026 boosts agriculture with increased allocation for PM-RKVY and focus on farmer welfare and high-value crops.