CM Bhajan Lal Sharma Welcomes ₹340.59 Cr Farm Fund for Rajasthan
Synopsis
Rajasthan secured a ₹340.59 crore central sanction under PM-RKVY and Krishonnati Yojana after utilising 75% of earlier allocations. CM Bhajan Lal Sharma thanked Union Agriculture Minister Shivraj Singh Chouhan, with funds earmarked for farm infrastructure, Kisan Credit Cards, and production improvement across the state.
Key Takeaways
Union Agriculture Minister Shivraj Singh Chouhan approved ₹340.59 crore for Rajasthan under PM-RKVY and Krishonnati Yojana on 13 August 2026 .
The sanction was triggered by Rajasthan utilising 75 per cent of the first mother-section allocation under both schemes.
Prior allocations stood at ₹216 crore under PM-RKVY and ₹240 crore under Krishonnati Yojana.
Funds will be directed toward agricultural infrastructure, Kisan Credit Card strengthening, production improvement, and farmer welfare programmes.
CM Bhajan Lal Sharma credited Prime Minister Narendra Modi's leadership and thanked the Union Agriculture Ministry on behalf of Rajasthan's farming community.
Rajasthan's farmers scored a significant fiscal win on Thursday, 13 August 2026, as the Union government cleared a fresh tranche of ₹340.59 crore for the state under two flagship agricultural schemes — a direct reward for the state's high utilisation of earlier allocations. Rajasthan Chief Minister Bhajan Lal Sharma publicly acknowledged the sanction, thanking Union Agriculture Minister Shivraj Singh Chouhan and crediting Prime Minister Narendra Modi's leadership for the continued central support.
What triggered the ₹340.59 crore release
The fresh approval was not routine. Rajasthan earned it by utilising 75 per cent of the first 'mother section' allocation under two centrally sponsored schemes: PM-RKVY (Pradhan Mantri Rashtriya Krishi Vikas Yojana), where the state had received ₹216 crore, and the Krishonnati Yojana (KY), where it had received ₹240 crore. Hitting that utilisation threshold unlocked the next tranche — a performance-linked mechanism designed to push states to spend, not just receive.
CM Sharma conveyed gratitude on behalf of the state's farming community, writing 'प्रदेश के समस्त अन्नदाताओं की ओर से हार्दिक आभार' — 'heartfelt gratitude on behalf of all the food-providers of the state.'
PM-RKVY and Krishonnati Yojana: the schemes behind the money
PM-RKVY, rooted in the original Rashtriya Krishi Vikas Yojana launched in 2007-08, gives states flexibility to design agriculture projects suited to local conditions — from irrigation infrastructure to farm mechanisation. Krishonnati Yojana functions as an umbrella framework, bundling multiple crop development and farmer-support missions under a single administrative roof. Together, they represent the central government's primary instrument for channelling farm-sector investment to the states.
Where Rajasthan's ₹340.59 crore is headed
CM Sharma outlined four priority areas for the incoming funds: agricultural infrastructure development, strengthening the Kisan Credit Card network, improving crop production outcomes, and broader farmer welfare schemes. Rajasthan, one of India's largest states by area and home to a predominantly agrarian population in its rural districts, has consistently sought stronger central support for water-stressed farming regions.
The state government, he said, remains 'fully committed to the all-round development of farmers and to providing every possible assistance in a timely manner.'
A state that spent fast enough to unlock fresh central funds — that is the story Rajasthan now carries into the next agricultural season, and the pressure is on to prove the money moves as quickly from treasury to field.
Point of View
Publicly acknowledging the sanction serves a dual purpose: signalling administrative competence to Rajasthan's rural electorate and reinforcing the state's alignment with New Delhi's farm-sector agenda. The centre-state coordination on PM-RKVY and Krishonnati Yojana also reflects a broader pattern of using umbrella schemes to consolidate agricultural spending under measurable metrics, though the real test remains whether the fresh tranche translates into ground-level infrastructure rather than remaining locked in state accounts.
NationPress
13 Aug 2026
Frequently Asked Questions
What is the ₹340.59 crore approved for Rajasthan?
The ₹340.59 crore is a central government financial sanction for Rajasthan under two schemes — PM-RKVY (Pradhan Mantri Rashtriya Krishi Vikas Yojana) and Krishonnati Yojana — approved by Union Agriculture Minister Shivraj Singh Chouhan on 13 August 2026.
Why did Rajasthan receive this new tranche of farm funds?
Rajasthan unlocked the fresh funds by utilising 75 per cent of its first mother-section allocation under both PM-RKVY (₹216 crore) and Krishonnati Yojana (₹240 crore), meeting the performance threshold required for the next release.
What is PM-RKVY and how does it help farmers?
PM-RKVY, or Pradhan Mantri Rashtriya Krishi Vikas Yojana, is a centrally sponsored scheme launched in 2007-08 that gives states flexibility to fund state-specific agricultural projects, including infrastructure, mechanisation, and productivity improvements.
What is Krishonnati Yojana?
Krishonnati Yojana is an umbrella agricultural scheme that integrates multiple crop development and farmer welfare missions under a single framework, channelling central government support for production improvement and farmer assistance.
How will Rajasthan use the ₹340.59 crore agriculture funds?
CM Bhajan Lal Sharma stated the funds will be used for agricultural infrastructure development, strengthening the Kisan Credit Card network, improving crop production, and implementing farmer welfare schemes across the state.
