Maharashtra first to qualify for second RKVY instalment after timely fund utilisation

New Delhi, July 27 (IANS) Maharashtra has become the first state to qualify for the second instalment of the government's Rashtriya Krishi Vikas Yojana funding after utilising about Rs 260 crore of the Rs 335 crore first instalment, exceeding the 75 per cent utilisation benchmark, an official statement said on Monday.

Union Minister for Agriculture and Farmers' Welfare Shivraj Singh Chouhan chaired the virtual review meeting to assess the utilisation of funds released under the scheme and to consider the issuance of the second instalment to Maharashtra, the statement said, adding that the process for release is being taken up.