Farmers will Get Rs. 15 Lakh through PM Kisan FPO Yojana 2020 Online Registration, Objectives, Eligibility & Benefits
The government has announced big gifts to farmers. Now farmers can rise up to Rs 15 lakh. However, there are some conditions for getting this amount. This amount is often obtained only on the idea of those conditions. it’s been named PM Kisan FPO Scheme 2020. alongside this, it’s believed that it can improve the condition of farmers. the govt will spend Rs 6,865 crore on the scheme by 2024.
PM Kisan FPO Yojana 2020
The central government has started it to supply economic relief to farmers. So on getting obviate intermediaries. It means Farmer Producer Organization (FPO) An FPO is going to be found out for Rs 15 lakh. it’ll have a farmer’s group. The group will get Rs 15 lakh. This group should have a minimum of 11 farmers. These 11 farmers need to form a corporation or a corporation.
Seeing the benefits of this FPO scheme, you will be able to apply in it soon! But the government has not issued any instructions for the application process! For example, the website related to the application of the scheme and procedures related to other applications will be released! We will inform you through this post.
Benefits of Pm Kisan FPO Yojana
This is a central government scheme, farmers from all over the country can take advantage of this scheme.
At least 11 farmers will have to form a group and register themselves under the Companies Act.
If this group of 11 farmers works in the flat area, then they will have to add at least 300 farmers with them, while the group in the hilly area will have to add 100 more farmers with them.
It will be very easy for the farmers associated with this group to buy pesticides, seeds, medicines and farming equipment.
The central government is going to spend Rs 6,865 crore on this scheme by 2024.
Under this scheme, the central government will provide financial assistance of up to 15 lakhs to each FPO ie Farmers Group. This amount will be provided within 3 years.
How To Apply For This Scheme
Farmers will have to wait a little longer to take advantage of this scheme. Soon the government will start the application process for this. As soon as the process of application of this scheme will continue. The ground report will inform its farmer brothers.
Read Also 0% વ્યાજે મહિલા લૉન યોજના
What are FPOs?
It is a Producer Organisation (PO) where the members are farmers. Small Farmers’ Agribusiness Consortium (SFAC) is providing support for the promotion of FPOs.
Read Also ઘર વિહોણા માટે મફત પ્લોટ યોજના
Under this scheme, 300 farmers will have to be formed to work in the plains. There should be an organization of 100 farmers in the hilly areas. For this, at least 11 farmers will have to get organized and form their own agricultural company or organization.