About Us KIP is a registered company, incorporated in 2008 to provide quality work, consultation and advisory services in the field of Accounting, Auditing and Assurance, Taxation and regulatory, Company registration, LLP formation, Project reports and Business registrations to its clients. KIP is managed by a very strong team of qualified and experienced professionals comprised of Chartered Accountants, Management Graduates and Post-Graduates.
Dear Businessman/Investors,
In Series of KIP: Business and Subsidy Update, today we are going to share with you benefit of MARKET DEVELOPMENT ASSISTANCE FOR PROMOTION OF ORGANIC FERTILIZERS.
As organic fertilizers are decomposed derivatives of plant and animal sources such as agri-wastes and such wastes help in improving the soil textures, increase carbon content soil etc. In order to increase use of organic fertilizers will help in balanced use of nutrients thereby reducing excess use of chemical fertilizers which is one of the key elements of sustainable agriculture
The market development assistance @1500/MT will be provided for the sale of FOM/LFOM/PROM produced at BG/CBG plants established under umbrella Galvanizing Organic Bio-Agro Resource Dhan (GOBARdhan) initiative only. These GOBARdhan units are supported under Sustainable Alternate Towards Affordable Transportation (SATAT) Scheme Of Ministry Of Petroleum & Natural Gas (MoP&NG), Waste to Energy programme of Ministry of New & Renewable Energy (MNRE) Swachh Bharat Mission (Grameen) of Development of Drinking Water & Sanitation (DDWS), etc.
Under the MDA scheme, eligible entities include Biogas/CBG plants producing Fermented Organic Manure (FOM), Liquid FOM (LFOM), or Phosphate Rich Organic Manure (PROM) as by-products, provided they are registered on the Unified GOBARdhan Portal. Fertilizer Marketing Companies (FMCs) such as cooperative federations, public sector, or private fertilizer companies can market, brand, and distribute these fertilizers in compliance with the Fertilizer (Control) Order, 1985. Additionally, PACS, FPOs, and FPCs may act as aggregators/distributors, while State Agriculture Departments and State Fertilizer Corporations can also participate in procurement and distribution through nominated agencies.
The MDA provision runs for three years (FY 2023–24 to FY 2025–26) and came into effect from April 1, 2023.
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