To transform farmers into entrepreneurs, the government of Rajasthan is implementing the Rajasthan Agricultural Processing, Agricultural Business, and Agricultural Export Promotion Policy and Subsequent Scheme 2019. This scheme aims to empower farmers by offering financial assistance to those who wish to establish industries in the agricultural sector.
Through this initiative, farmers can receive support to set up agricultural processing units, start agricultural businesses, and engage in agricultural exports. The policy encourages farmers to diversify their activities, fostering economic growth in the agriculture sector.
Under the Rajasthan Agricultural Processing, Agricultural Business, and Agricultural Export Promotion Policy and Subsequent Scheme 2019, the state government is offering significant financial support to both farmers and traders involved in the agricultural sector. Farmers are eligible to receive a grant of up to 50 per cent of the scheme’s total cost, with a maximum grant of one crore rupees. This grant is aimed at encouraging farmers to invest in agricultural processing, businesses, and exports.
Support for Traders
Traders are eligible for a grant of 25% of the total cost, capped at ₹50 lakh. This is designed to encourage trade-related activities within the agricultural sector.
Application Process
To apply, applicants must submit their grant applications online through the Rajkisan portal within 90 days of receiving bank loan approval.
Encouraging Entrepreneurship in Agriculture
This scheme aims to modernize the agricultural sector and boost entrepreneurship by providing financial aid to both farmers and traders.
To apply for the Krishi Niryat Protsahan Niti Scheme:
- Eligibility: Ensure you’re a farmer or trader involved in agricultural processing, business, or exports.
- Online Application: Visit the Rajkisan Portal (https://rajkisan.rajasthan.gov.in), log in or create an account.
- Submit Details: Complete the application with your project details and upload documents like bank loan approval.
- Document Submission: Upload identity proof, project plan, and loan approval within 90 days of loan approval.
- Approval: If approved, you’ll receive a grant—50% (up to ₹1 crore) for farmers and 25% (up to ₹50 lakh) for traders.