PM Kisan Bhai Scheme Set to Roll Out Central Govt Launching Very Soon

In order to improve the financial status of farmers both Central and state government implements various kinds of schemes. Through these schemes, financial and social security benefits are provided to the farmers. Recently the Government of India launched the PM Kisan bhai Scheme. Through this scheme, various kinds of initiatives will be taken for the benefit of farmers. This article will cover complete information regarding the scheme 2023. You will get to know how you will be able to apply under the scheme. Other than that you will also get to know about its objective, benefits, features, eligibility, required documents, application procedure etc

PM Kisan Bhai Scheme

The Government of India is all set to roll out the PM Kisan Bhai Scheme. Under this scheme, the government is going to help small and marginal farmers who do not have the capacity to hold their produce in warehouses. The government will provide subsidies on the storage cost of the produce. Now farmers will be able to retain their crops for a minimum of 3 months post harvest. This scheme has been launched in order to break the Monopoly of traders in deciding the prices of the crop. The first phase of the scheme will be piloted in Andhra Pradesh, Assam, Madhya Pradesh, Maharashtra, Rajasthan, Tamil Nadu, and Uttar Pradesh. The government is going to spend Rs 170 crore in 3 years for the implementation of this scheme

Also Read: PM Kisa Registration

Objective Of PM Kisan Bhai Scheme

• The main objective of the Kisan Bhai Scheme is to provide a warehousing facility to the farmer
• So that they will be able to store their produce and sell them at a better price
• The government is going to provide them with warehouses free of cost
• This scheme will improve the financial condition of the farmers
• Other than that the farmers will also become self-dependent
• With the implementation of this scheme, the farmers will be empowered and they will get to retain their crops for a minimum of three months post-harvest

Key Highlights Of PM Kisan Bhai Scheme

Name of the scheme	PM Kisan Bhai Scheme
Launched by	Government of India
Beneficiary	Farmers
Objective	To provide warehousing benefits
Official website	Click Here
Year	2024

Benefits And Features

• The Government of India has launched the Kisan Bhai Scheme
• Under the scheme, the government is going to provide housing facilities to the farmers for a period of 3 months
• So that farmers will be able to store their crops and sell them at a better price
• All those farmers who are unable to build their own warehouse will be able to avail benefit of this scheme
• This scheme has been launched in order to break the Monopoly of traders in deciding the prices of crops
• The first phase of this scheme will be rolled out in Andhra Pradesh, Assam, Madhya Pradesh, Maharashtra, Rajasthan, Tamil Nadu and Uttar Pradesh
• After that, this scheme will be rolled out in the country
• The government will spend rupees 170 crore for a period of 3 years for the implementation of this scheme
• With the implementation of this scheme, the farmers will become financially independent
• Other than that the quality of farming will also be improved

Also Read: PM Kusum Yojana

Components Of PM Kisan Bhai Scheme

• There are two components of the Kisan Bhai Scheme which are warehousing rental subsidy and prompt repayment incentive
• Small and marginal farmers as well as farmers’ producer organisations will be eligible for the benefit of this scheme
• Beneficiaries will be eligible for the warehousing rental subsidy benefit of 4 rupees per quintal per month respective of the rate of warehousing rental charges
• The government has proposed that storage in centers will be provided for a maximum of 3 months
• Products stored for 15 days or less will not be eligible for the subsidy
• The incentive will be calculated on a day-to-day basis

Eligibility And Required Documents

• Applicant must be a permanent resident of India
• The applicant should be a farmer
• Aadhar card
• Residence certificate
• Passport size photograph
• Mobile number
• Email ID etc

Procedure to apply under PM Kisan Bhai Scheme

The central government has just announced the pm Kisan bhai scheme. Soon government is going to launch this scheme. As soon as the government launches the scheme we are going to update you through the article. So you are requested to be in touch with this article

FAQs