Pradhan Mantri Gram Samridhi Yojana 2019-20

Pradhan Mantri Gram Samridhi Yojana 2019-20
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Pradhan Mantri (PM) Gram Samridhi Yojana 2019-20 [Jobs in Micro Food Processing Sector]

As Modi took the oath as the Prime Minister of India for the second term, he made sure that the common people understand that his government will work hard to elevate the position of Indian food processing business, by offering assistance to the rural folks. For this, the new minister, who has been placed at the helm of Ministry of Food Processing Industries, announced the central government’s plan to launch Pradhan Mantri Gram Samridhi Yojana. The scheme will trigger the growth and expansion of food processing units in the villages.

PM Gram-Samridhi-Yojana

Name of the scheme Pradhan Mantri Gram Samridhi Yojana
Launched in India
Launched by Narendra Modi
Date of primary announcement May 2019
Announced by Harsimrat Kaur Badal
Target sector Unorganized Food Processing Units
Supervised by Ministry of Food Processing Industries

Key features of the scheme

  1. Development of rural business ventures – With the implementation of the scheme, people, associated with food processing ventures, located in the villages will get the financial and technical support necessary. It will assist in a substantial growth of the food processing units, in the unorganized sector.
  2. Creating entrepreneurs – The scheme comes with the promise of paving the path for an increase in the number of business owners in the villages. It will also lower the issues of unemployment in the rural areas, as food processing units, even on a small scale, will require manpower.
  3. Estimated units to be set up – Under the project, the central and state governments will work together to create as many as 70,000 farm-based food processing units.
  4. Estimated expenditure for each unit – The minister also highlighted that no more than Rs. 10 lakhs will be required for the establishment and operation of every food processing unit.
  5. Pilot implementation of the scheme – Before the full-fledged implementation of the scheme in all rural area, a test run is necessary. Thus, a pilot version of the program will be activated in the Punjab Uttar Pradesh, Maharashtra, and Andhra Pradesh.
  6. Funding for the scheme – It has been announced by the minster that the estimated expenditure, for the successful operation will be around Rs. 3000 crore. The central government has successfully roped in the World Bank that will contribute Rs. 1,500 crore. The remaining Rs. 1,500 crore will be divided among the central and stare governments, where the central authority will contribute Rs. 1000 and the states will need to shell out around Rs. 500 crore.
  7. Tenure of the scheme – The central government has decided to run this unique scheme for a term of five years to start with. Depending on the results, the government will take the decision whether to extend it or not.

Eligibility and documents necessary for application

The Food Processing Industries Minister has announced that the central government will implement this scheme, as soon as the monetary arrangements are complete. As the blue print of the scheme is in the process of being completed, the eligibility and documentation related requirements are not clear. But the financial assistance will go to the applicants, associated with the unorganized food processing units, based in the villages. Once the details about the eligibility and other requirements are published, you will get the update on this site.

How to get application form and enroll for the scheme?

The project has not yet been launched on the pilot basis. There is still time for the official launch and implementation of the scheme. Not much has been divulged by the Minister of Food Processing Industries. Thus, everyone is in the dark about the application process and benefit distribution procedure. When the central government will make official announcements regarding these matters, you will learn about it first on this site.

The farmers in the villages don’t have enough capital to do something constructive with the food that they produce and process. The lack of vocational opportunities compels the younger generations to migrate to the cities in search of a livelihood. The scheme’s implementation will ensure that people in the villages can develop food processing and packaging properly, by forming their own units. The central government will take care of the financial and technical training requirements to ensure that things get done correctly.

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