To provide financial assistance to farmers, the central government has launched the PM Kisan FPO Yojana.
The Modi government at the Center is continuously working to double the income of farmers. After the introduction of the new Agriculture Bill , the government is going to give another big gift to the farmers to make agriculture a business. Due to which farmers will get up to Rs 15 lakh to start their new agri business.
Farmers will get Rs 15 lakh on this condition
To provide financial assistance to farmers, the central government has launched the PM Kisan FPO Yojana. Under this scheme, 15 lakh rupees will be provided to the Farmers Producer Organization i.e.FPO (Farmer Producer Organizations). In this scheme, the farmers of the country will get benefit like business in farming.
However, to take advantage of this scheme of the government, 11 farmers will have to form their own Agricultural Company or their organization. It will be very easy for the farmers associated with this organization to buy fertilizer, seeds, medicines and agricultural equipment .
Also Read: GST Registration Cancell Through These 5 Steps, Know The Entire Process
This is the purpose of this scheme
The government has started this scheme with the aim of directly benefiting the farmers. So that he can be free from middlemen. At the same time, farmers will get money in installments in three years under the scheme. Explain , the government will spend Rs 6,865 crore on this plan by 2024.
How to apply
Farmers will have to wait a little longer to take advantage of PM Kisan FPO Yojana . Because, the government has not yet started its registration process. After some time, when the government starts it, only then applications can be made. The government believes that notifications of this scheme will be released soon.
