Pradhan Mantri Kisan SAMPADA Yojana (PMKSY) is a central sector demand driven scheme and applications are invited from all eligible applicants including Farmers Producing Organisation (FPOs) through Expression of Interest (EoI) from all over India including Hazaribagh and Koderma districts in Jharkhand. The funds are not allocated/sanctioned/released state-wise under any of the component schemes of PMKSY.

Special benefits in financial assistance provided to FPO category applicants are as under:

 

1. Grants-in-aid in form of subsidy @ 50% of eligible project cost as compared to 35% in general areas/ categories and in case of Food Safety and Quality Assurance Infrastructure scheme the subsidy/grant-in-aid is @70% as compared to 50% in General areas/ categories;
2. Lower Equity Contribution – 10% required as against 20% for others;
3. Lower minimum credit/loan requirement – 10% required as against 20% for others;
4. Lower Net-worth requirement i.e. equal to grant-in-aid sought, in comparison to 1.5 times for General Category applicant.

 

This information was given by the Minister of State for Food Processing Industries Shri Ravneet Singh in a written reply in Lok Sabha today.

 

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