PM Kisan FPO Yojana 2021 - Ensuring Smooth Agricultural Journey

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In order to bring improvement in the economic condition of the farmers and to encourage agricultural activities and farmers, the government is continuously running several schemes keeping the welfare of farmers in mind. In this series, the PM Kisan FPO Yojana is also being run and monitored by the Central Government, wherein financial assistance of about Rs. 15 lakh is granted to an organization of farmers for the purpose of farming. With the help of this, farmers will be able to buy agricultural equipment, fertilizers, seeds, and other agricultural items in an easy way.

Through this scheme, in case if the organization works in the field, then there must be at least 300 farmers engrossed in it. In a similar way, if this organization works in the hilly areas, then 100 farmers must be associated with it. Then only he will be able to take advantage of this Yojana.

To cherish the benefits of PM Kisan FPO Yojana 2021, farmers of the Nation would have to apply under this Yojana. Through this scheme, the farmers living in our country will also acquire different types of benefits, like the farmers linked with the organizations formed will be able to gain access to the market for their produce. In addition to this, it will become very easy for them to purchase essential materials such as fertilizer, medicines, seeds, as well as agricultural equipment. Another major benefit will be that the farmers will be freed from the middlemen involved. Under the FPO system^[1], farmers will reap good rates for their crops. Farmers of all parts of the country can easily gain benefits from this Yojana.

Synopsis

1. PM Kisan FPO Yojana 2021: Ensuring Smooth Agricultural Journey

2. PM Kisan FPO Yojana turned out to be a Source of Farmers’ Income

3. Special Features of the Scheme

4. Objectives of PM Kisan FPO Yojana 2021

5. What is an FPO?

6. Benefits of PM Kisan FPO Yojana

7. How to Apply under PM Kisan FPO Yojana 2021?

8. To Wrap Up

PM Kisan FPO Yojana turned out to be a Source of Farmers’ Income

Agriculture & Farmers Welfare Minister Narendra Singh Tomar has made an announcement concerning the establishment of beekeeping in five states of India.
This announcement took place under the PM Kisan FPO Yojana of the Central Government.
Through this scheme, the government has set a target of formulating 10000 FPOs.
FPO has been brought into the open sky on 26 November 2020 in 5 districts.
These five districts are East Champaran in Bihar, Morena in Madhya Pradesh, Bharatpur in Rajasthan, NAFED in Mathura district of Uttar Pradesh, and Sundarbans in West Bengal.
India must make efforts to move ahead in honey production under the roof of this scheme.
Four to five thousand honey growers of the above-mentioned five districts will benefit.
Around 60,000 quintal honey will be hopefully generated, which will be passed on to consumers with the aid of NAFED.
All the member organizations associated with the SPO will be able to regulate their activities on their own to have better access to the Indian market.
Through this Yojana, farmers will reap the benefit, and their income will also move on an accelerating path.
A target of about Rs. 500 crores have been fixed by the government for the PM Kisan FPO Yojana 2021 under the Atmanirbhar Bharat Campaign.
The FPO is likely to play a very substantial contribution in doubling the income of farmers.

Special Features of the Scheme

Union Minister of State for Agriculture Shri Kailash Chaudhary Ji said that the Modi-led BJP government would establish around 10,000 new farmer producer organizations.
Around 6865 crore rupees will be spent on this by the year 2024.
All the FPO farmers will be receiving government support for 5 years.
Through this Yojana, the amount of money to be delivered to the farmers of the Nation will be in the form of cash.
Under PM Kisan FPO Yojana, groups of small as well as marginal farmers will be formed, which will eventually benefit them.
The assistance of 15 lakh rupees will be provided by the Central Government after witnessing the work of the organization.
The complete amount concerning the support will be received in the time frame of three years.
It will attain the same benefits that a company gets.
About 30 lakh farmers will be reaping advantage from this.
The objective of this Yojana is to obtain profits from farming as per the industry standards.
There will be an expansion of agriculture in the Nation.
In addition to this, the economic conditions of the farmers will also improve.

Objectives of PM Kisan FPO Yojana 2021

As it’s a well-known fact by all that there are many farmers in India whose economic situation is not at all right.
They are not attaining many benefits from farming.
The central government started this PM Kisan FPO Yojana 2021 in order to lend financial assistance to these farmers.
Through this Yojana, the Central Government has rendered financial support of Rs. 15 lakhs to the Farmer Producer Organizations (Known as FPO in short).
The core objective of this great scheme is to usher the agricultural sector of the country on the path of advancement.
This Yojana will lead to an increase in the income of farmers.
Also, it will work in the interest of farmers.
Through this PM Kisan FPO Yojana 2021, the farmers of the country are likely to gain profit in the same way as in business.

What is an FPO?

FPO is a form of farmer producer organization that is inclined towards working for the welfare of farmers and is registered under the Companies Act. These organizations will be promoted under Pradhanmantri Kisan FPO Scheme 2021. The government will grant financial assistance of about Rs. 15 lakh to the organizations via this scheme. Now farmers of the country will be reaping benefits just like people who are doing business. In order to avail of the PM Kisan FPO Yojana 2021, a minimum of 11 farmers would have to get organized and form their own agricultural company.

The government will be providing all the benefits to FPO organizations in the same way as benefits are being provided to a company. The amount to be provided under this Yojana will be delivered in 3 years. Under this scheme, an organization that is likely to be constituted of 10,000 new farmers will create history in the Nation.

Benefits of PM Kisan FPO Yojana

The benefit of this scheme will be open for the farmers of the country.
Through PM Kisan FPO Yojana, the Central Government will be extending financial aid of about 15 lakh rupees to the country farmer producer organizations.
Moreover, the government will be providing this amount within three years.
Under Pradhanmantri Kisan FPO Yojana, the farmers of our country will be getting other types of benefits, such as the farmers related with the organizations constituted will get the market for their produce.
Most importantly, it will be very easy for the farmers to purchase requisite items such as seeds, fertilizer, medicines as well as agricultural equipment.
Under PM Kisan FPO Scheme 2021, there will be an involvement of around 300 farmers if the organization works in the field.
Similarly, 100 farmers should be associated if the organization works in the hilly areas.
Only then he can gain maximum benefits associated with this scheme.
Interested beneficiaries of India who are keeping their eyes availing benefits of this scheme must apply under this scheme.

How to Apply under PM Kisan FPO Yojana 2021?

Interested beneficiaries of the Nation planning to apply online under PM Kisan FPO Yojana 2021 will have to wait a little longer. As this scheme has been commenced recently, no official information has been brought into light by the government to apply online under this Yojana. As soon as the application process is initiated by the Central Government in order to apply online under this Pradhanmantri Kisan FPO Scheme 2021, we will bring it to your notice via this article, after which the farmers of India can apply under this Yojana and can receive benefits by the central government.

To Wrap Up

PM Kisan FPO Yojana is a noble initiative by the Central Government to promote agricultural activities in India and grant financial support to Indian farmers. This scheme will help farmers purchase seeds, fertilizer, and various agricultural equipment. Furthermore, this Yojana will simplify the agricultural lives of the farmers. Under the FPO system, Indian farmers will reap exceptional rates for their crops. At Aatmnirbhar Sena, we are endeavouring to make this scheme reach the maximum number of farmers in India so that all the advantages will be gained by them in the future course of time.

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