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The Ministry of Food Processing Industries of India approved the operation greens scheme, along the line of “operation flood”. It aims for a sustainable supply of Tomato, Onion and Potato (TOP) crops across the country with a stable price throughout the year.
The Finance Minister of India introduced this scheme in the union budget on 2018-19. With an expenditure of ₹500 crores, it aids FPOs, processing facilities, agri-logistics and professional management.
Keep reading to know about this scheme along with its objectives, strategies and benefits.
The Ministry of Finance announced a new scheme, named “operation greens”, to stabilise the price and supply of TOP crops. This program aims to ensure that the farmers get a fair price on their produce. Thus, NAFED acts as a coordinating body to execute price stabilisation measures.
The Government extended this scheme in June 2020 to comprise all vegetables and fruits for 6 months. This step was a trial to incorporate the Aatmanirbhar Bharat Abhiyan with this scheme.
Below are some key objectives of the operation green scheme in India:
The operation greens scheme has 2 strategies that aim at the following objects-
The farmers will receive a 50% subsidy from MOFPI on these 2 elements:
Followings are the components of this plan:
The operation greens scheme will provide a grant of 50% of qualified project costs in every area. Although it extends up to 70% for FPOs, it is curbed at a maximum limit of ₹ 50 crores for each project.
Eligible organisations include:
Applicants who fulfil the eligibility criteria must submit the online application on the SAMPADA portal.
Nevertheless, the operation greens scheme is framed to replicate the “operation flood” scheme’s benefits. The Indian Government is aiming to increase farmers’ income by providing them justified crop value through this scheme.
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Disclaimer: This information is added only for informative purposes and collected from different sources across the Internet. Digit Insurance is not promoting or recommending anything here. Please verify the information before making any decisions.
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