Correct Option: B

The former Prime Minister Dr. Manmohan Singh announced the launch of Rashtriya Krishi Vikas Yojana at the 53rd meeting of NDC with a Central allocation of ₹ 25,000 crore to increase the share of investment in agriculture in their state plans so as to hike agriculture and allied sector's growth from the existing 2% to 4%. 7,810.87 crore was the allocation under RKVY for the year 2011-12.