
RKVY-RAFTAAR Scheme: Funding & Mentorship for Agri-Startups and Farmers
The RKVY-RAFTAAR (Rashtriya Krishi Vikas Yojana – Remunerative Approaches for Agriculture and Allied Sector Rejuvenation) scheme is a government initiative to empower agri-startups, farmers, and agripreneurs with funding, infrastructure, and mentorship for technology-driven innovation in agriculture.
Benefits
Access to Grants, Loans & Equity Funding
Technology Integration for Modern Farming
Expert Mentorship and Capacity Building
Support for Essential Agri-Infrastructure
Enhanced Agricultural Productivity
Creation of Rural Employment Opportunities
Topics
The scheme aims to make agriculture more productive, profitable, and sustainable through technology and entrepreneurial development.
- •Promote Innovation and Technology in agriculture and allied sectors.
- •Support Agri-Startups with financial assistance to scale their businesses.
- •Enhance Agricultural Productivity through better practices and sustainable solutions.
- •Develop Agri-Infrastructure like cold storage, processing units, and market linkages.
- •Create Employment by supporting new ventures and businesses in the sector.
- •Financial Assistance: Subsidized loans, grants, and equity funding for project development and equipment purchase.
- •Technology Support: Funding for R&D, development of new technologies, and agriculture-based innovations.
- •Mentorship and Capacity Building: Training programs focused on leadership, business management, and technical skills.
- •Agri-Infra Support: Assistance in building essential infrastructure (cold storage, processing units, warehouses).
- •Market Linkages: Support for accessing wider domestic and international markets.
- •Focus on Youth and Women: Special benefits and opportunities for youth and women entrepreneurs.
- •Agri-Startups: Focusing on agri-tech, food processing, organic farming, and rural development.
- •Farmers and Producer Organizations: FPOs, SHGs, and cooperatives improving farm productivity and market access.
- •Women Entrepreneurs: Special provisions to help them scale their businesses.
- •Agricultural Universities and Research Institutes: Focused on research, technology development, and commercialization.
- •Other Entrepreneurs and Organizations: Working on sustainable practices and social enterprises in agriculture.
A simplified, step-by-step process for agri-entrepreneurs to secure funding.
Step 1. Understand the Scheme's Guidelines: Review eligibility and objectives for project alignment.
Step 2. Prepare Your Proposal: Include a detailed business plan, impact analysis, financial projections, and technology details.
Step 3. Submit Your Application: Apply through the official RKVY-RAFTAAR portal or authorized agencies.
Step 4. Evaluation and Selection: Pitch your project to an expert panel for evaluation of feasibility, scalability, and social impact.
Step 5. Funding and Implementation: Receive funds in installments based on project milestones and progress.
- •Detailed Business plan and model.
- •Impact analysis and sustainability plan.
- •Financial projections and funding utilization plan.
- •Details of the technology or innovations to be implemented.
- •Expected outcomes and scalability of the project.
