Correct Answer - Option 3 : Both I and II
Both the statement are correct. So, option 3 is the correct option.
Rainfed Area Development Programme:
- This scheme was implemented as a sub-scheme under Rashtriya Krishi Vikas Yojana (RKVY).
- The aim of this programme is to minimize the adverse impact of possible crop failure due to drought, flood or un-even rainfall.
- This programme also works for the enhancement of farmer’s income and livelihood support for the reduction of poverty in rainfed areas
Rashtriya Krishi Vikas Yojana (RKVY):
- Rashtriya Krishi Vikas Yojana is now known as Remunerative Approach for Agriculture and Allied sector Rejuvenation.
- Rashtriya Krishi Vikas Yojana was launched in the year 2007.