Maharashtra First to Qualify for Second RKVY Installment
In July 2026, Maharashtra became the first Indian state to qualify for the second installment of the Rashtriya Krishi Vikas Yojana (RKVY). The state utilized nearly Rs 260 crore out of the first Rs 335 crore, surpassing the 75% utilization benchmark. This approval will lead to the release of another Rs 335 crore for the state.
🔑 Key Points
- •Maharashtra first state for RKVY second installment.
- •Utilized Rs 260 crore from first Rs 335 crore.
- •Exceeded 75% fund utilization benchmark.
- •RKVY launched in 2007-08, Centrally Sponsored Scheme.
- •Funding: 60:40 (GoI: States), 90:10 (NE/Himalayan), 100% (UTs).
🎯 Why It Matters for Your Exam
This item is important for national schemes, state achievements, and funding patterns for government exams. Questions might cover the scheme's purpose, funding, and recent milestones.
🧠 Practice Question
Which state recently became the first to qualify for the second installment under the Rashtriya Krishi Vikas Yojana (RKVY)?
- A.Maharashtra
- B.Uttar Pradesh
- C.Madhya Pradesh
- D.Gujarat
Show answer ▼▲
✅ Answer: A. Maharashtra
Maharashtra qualified for the second RKVY installment by utilizing nearly Rs 260 crore from its initial Rs 335 crore.
Source: CIVILGYAN Current Affairs Desk
Test yourself on today's current affairs
A free 8-question quiz built from today's updates — no payment needed.
Take Today's Free Quiz →More in National Affairs
NSC Approves Rs. 1,194.92 Crore for Five ITI Clusters Under PM-SETU Scheme
21 October 2026
Union Minister Ashwini Vaishnaw Launches World Development Report 2026: The Promise of AI
21 October 2026
VP C. P. Radhakrishnan Inaugurates KAUMARACON-2026 and AIIA's Digital Initiatives
21 October 2026
Pakistan Test-Fires Extended-Range Variant of Fatah-II Missile
21 October 2026
India–Russia Conduct Joint Military Exercise INDRA 2026 in Russia
21 October 2026
MoSJE: PM-AJAY Declares 18,093 Adarsh Grams; Rs. 1,730 Crore Released to States
21 October 2026