Kisan Credit Card Scheme for Fisheries- Chief Minister Fishermen Prosperity Scheme 2026

This scheme by the Madhya Pradesh government aims to boost crop diversification by offering essential support to Read More... farmers who switch from wheat and paddy, primarily benefiting the implementing organizations through HR and marketing incentives. Read less

Details

Looking to grow something different? The Madhya Pradesh Fasal Vividhikaran (Crop Diversification) Encouragement Scheme is here to help farmers in the state explore new crops beyond wheat and paddy. Launched by the Farmer Welfare and Agriculture Development Department, this initiative is designed to make crop diversification more attractive and practical for everyone involved.

What Is This Scheme?

Simply put, this scheme encourages farmers to try new crops, especially those not covered by the Minimum Support Price (MSP), including horticultural varieties. It provides support to farmers for adopting these new crops. The focus is on helping the companies, firms, or institutions that manage this diversification effort. They receive assistance to cover costs for crucial inputs given to farmers and for marketing the new crops.

Who Can Benefit From This Scheme?

The scheme is designed to help both farmers and the organizations that facilitate crop diversification. Farmers get better advice and the necessary inputs to grow different crops. The main beneficiaries are the Companies, Firms, or Institutions that apply. They need to be ready to guide farmers, arrange for the purchase of these new crops, and manage the whole process effectively.

Why This Scheme Is Important

This scheme plays a vital role in promoting sustainable agriculture and improving farmer incomes in Madhya Pradesh. By encouraging farmers to diversify, it helps reduce reliance on traditional crops, manage risks better, and potentially tap into new markets. The support provided to implementing organizations ensures that the entire process is well-managed, from advising farmers to ensuring their produce is sold.

Objective

This scheme by the Madhya Pradesh government aims to boost crop diversification by offering essential support to farmers who switch from wheat and paddy, primarily benefiting the implementing organizations through HR and marketing incentives.

Benefits

Short-term working capital loans for fisheries activities under the Kisan Credit Card (KCC) facility.

Fish farmers receive interest subvention, enabling access to zero-percent interest loans through cooperative banks.

The loan amount is determined as per bank norms and scheme provisions, based on the financial requirement of the fish farmer.

Sources and references

Guidelines

Eligibility Criteria

Applicants must be registered Companies, Firms, or Institutions.
Applicants must possess all necessary records and qualifications to be recognized as a qualifying entity.
Applicants must provide guidance to farmers on sowing 'Eligible Crops' and related agricultural practices (Krishi Karyapranali).
Applicants must confirm the purchase of the 'Eligible Crop' grown by farmers.
Applicants must actively carry out the crop diversification work.
Applicants must establish a mandatory tie-up with another Company, Firm, or Institution for purchasing the 'Eligible Crop'.
Applicants themselves are strictly prohibited from purchasing the crop.
An 'Eligible Crop' is any crop, excluding wheat (Gehun) and paddy (Dhan), grown in place of these traditional crops.
The 'Eligible Crop' must not be covered under the Minimum Support Price (MSP).
Horticultural crops are also considered as 'Eligible Crops'.

How To Apply

Prepare a Detailed Project Report (DPR) for your crop diversification initiative.
Present the Detailed Project Report (DPR) to the Director, Farmer Welfare and Agriculture Development Department, Government of Madhya Pradesh.
Ensure your application meets all eligibility criteria and includes all required documents.

Applications are accepted by presenting the Detailed Project Report (DPR) to the Director, Farmer Welfare and Agriculture Development Department.

Documents Required

Detailed Project Report (DPR)
Record of Qualifications (to establish your entity's eligibility)
Project Viability Report
Proposed Expenditure Justification Report
Tie-Up Agreement with Purchasing Company/Firm/Institution

FAQ’s

Can the implementing organization directly buy the diversified crops from the farmers?

No, the implementing Company, Firm, or Institution must not purchase the 'Eligible Crop' themselves. They are required to arrange for its purchase through a mandatory tie-up with another designated entity.

What is the minimum duration for which the State Government provides financial support under this scheme?

The State Government provides assistance for a minimum period of 3 years. This timeframe can be extended based on the specific requirements and progress of the project.

What kinds of costs are typically covered and prioritized by this scheme?

The scheme primarily sanctions costs associated with Human Resources (Manav Sansadhan) allocated for area overlap and for Marketing (Vipanan) activities aimed at promoting crop diversification.

Are there any exceptions where capital expenditure can be sanctioned?

Yes, capital expenditure might be approved under exceptional circumstances, specifically for the purchase of Critical Equipment needed for the diversification project.

What are the consequences if a sanctioned organization fails to follow the guidelines of the Detailed Project Report?

If the applicant Company, Firm, or Institution violates the terms of the sanction or fails to adhere to the Detailed Project Report (DPR), regulatory actions may be taken, or funds may be recovered.

What specific type of crops are considered eligible for diversification, and which ones are excluded?

Eligible crops are any that are grown instead of wheat and paddy, provided they are not covered under the Minimum Support Price (MSP). Horticultural crops are also included. Wheat and paddy themselves are excluded from being 'Eligible Crops'.

Does the scheme assist organizations if they are eligible for other funding sources for capital investment?

Absolutely. If an applicant organization is eligible for other Central Government or State Government schemes related to capital investment, they will be helped to access that funding.

What is the main document that must be submitted with the application?

The applicant Company, Firm, or Institution must submit a Detailed Project Report (DPR) along with their application. This report is crucial for the screening and approval process.

What is the mandatory requirement for purchasing the 'Eligible Crop'?

The applicant must make a formal tie-up with another Company, Firm, or Institution specifically for the purchase of the 'Eligible Crop'. The applicant is not allowed to buy the crop themselves.

Which types of entities can apply for this scheme?

Only Companies, Firms, or Institutions are eligible to apply for this scheme. They must also be able to demonstrate their ability to execute crop diversification work.

What guidance must the applicant provide to farmers regarding their crops?

The applicant must advise farmers on sowing the 'Eligible Crop' and the related agricultural practices. They also need to confirm that the crop will be purchased.

Are general capital expenses like building infrastructure covered by the scheme?

Generally, Capital (Poonji) expenditure is not covered. However, in special situations, costs for Critical Equipment may be sanctioned.

What official status and operational records must an applicant entity maintain?

The applicant must maintain all official records and qualifications that prove their status as a legitimate Company, Firm, or Institution. This is a key requirement for eligibility.

Besides wheat and paddy, what other crops can be considered under this program?

Any crop that is not covered by the Minimum Support Price (MSP) and is grown in place of wheat and paddy is considered an eligible crop. This also includes horticultural crops.