Farmers' Schemes Merge: PM-RKVY Expands with Rs 1.75 Lakh Crore Budget

• Union Ministry of Agriculture merges three schemes into Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY).
• A massive budget of Rs 1.75 lakh crore allocated for the next five years, effective April 2026.
• Schemes like Krushonnati Yojana, National Mission on Natural Farming, and National Bee and Honey Mission are integrated.
• Fund allocation to states will now be performance-based, prioritizing reforms and target achievement.
• Central-state fund distribution: 60:40 for general states, 90:10 for NE/Himalayan states, 100% for UTs.

Why It Matters: Major agricultural reforms are underway, merging schemes and linking state funding to performance for holistic development.