Launch of the PM Micro Food Enterprises Upgradation Scheme, the Agriculture Infrastructure Fund Scheme, and the PM Kisan Sampada Yojana convergence modul


New Delhi:The convergence module between the Agriculture Infrastructure Fund (AIF) scheme of the Ministry of Agriculture and Farmers Welfare, Pradhan Mantri Micro Food Enterprises Upgradation Scheme (PMFME), and Pradhan Mantri Kisan Sampada Yojana (PMKSY) of the Ministry of Food Processing Industries was launched today as part of Azadi Ka Amrit Mahotsav by Union Ministers Shri Narendra Singh Tomar and Shri Pashupati Kumar Paras. The goal of Prime Minister Shri Narendra Modi of operating the government collaboratively for the welfare of the people is being realised, according to Shri Tomar, who spoke at the event. According to him, this will help a variety of groups in the nation, including farmers and small-scale business owners in the processing sector. According to Shri Paras, Union Minister of Food Processing Industries, this new effort will help and inspire the agricultural and food processing industries.

Shri Tomar continued by saying that in keeping with the Prime Minister’s philosophy, the convergence module was created through collaboration across several ministries with the intention of bringing the advantages of government programmes to the populace. In order for people to benefit from various programmes, he said, Prime Minister Shri Modi has been advocating for all ministries to collaborate rather than operate alone. By giving marginalised groups more clout, this approach will help the Atma Nirbhar Bharat campaign come to fruition, advance public welfare projects, and aid in the creation of the New India.While there are more employment prospects, according to Shri Tomar, farmers and business owners continue to benefit from numerous programmes run by the Ministries of Agriculture and Farmers Welfare and Food Processing Industries. According to Shri Tomar, farmers and business owners are continuously benefiting from the many programmes run by the Ministries of Agriculture and Farmers Welfare and of Food Processing Industries, and job prospects have also increased.

The Ministry of Food Processing Industries’ Pradhan Mantri Kisan Sampada Yojana, a Central Sector Scheme, is envisioned as a comprehensive programme that will result in the development of modern infrastructure and effective supply chain management from the farm gate to the retail outlet. It is an umbrella system made up of several smaller schemes. Through this convergence, qualified recipients of the PMFME and PMKSY credit-linked subsidies can obtain interest subsidy at the rate of interest charged by the banks. By submitting an application through the PMFME MIS portal, qualifying AIF recipients under PMFME can benefit from the subsidy. The application for the 3% interest subsidy has been made very simple, and the recipient can use the DPR and acceptance letter from PMFME and PMKSY that have already been accepted to submit the application online.

The long-term economic growth of farmers and food processing business owners in rural areas is the ultimate goal of the Ministry of Food Processing Industries and the Ministry of Agriculture and Farmers Welfare. The objective of this project is to ensure that all beneficiaries receive the advantages of the programmes and give them financial, technical, and professional empowerment. Shri Paras expressed the expectation that this alliance will prove to be a turning point in the development of an independent India, raising the bar for the Prime Minister’s campaign adage, “Vocal for Local.” To ensure that the recipients of AIF, PMFME, and PMKSY received the maximum benefits, a Standard Operating Procedure (SOP) was also released. The SOP will be accessible on the scheme’s websites.