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POLICY & REGULATIONS

MoFPI implementing Pradhan Mantri Kisan Sampada Yojana across the country
Tuesday, 13 February, 2024, 08 : 00 AM [IST]
Our Bureau, New Delhi
The Ministry of Food Processing Industries (MoFPI) has been implementing an umbrella scheme- Pradhan Mantri Kisan Sampada Yojana (PMKSY) since 2017-18, across the country. PMKSY is a comprehensive package of component schemes, which is aimed at creation of modern infrastructure with efficient supply chain management from farm gate to retail outlet. It provides a boost to the growth of food processing sector in the country, helps in providing better prices to farmers, creates employment opportunities especially in the rural areas, reduces wastage of agricultural produce, increases the processing level and enhances the export of the processed foods.

During the last three years i.e. 2020-21, 2021-22, 2022-23 and 2023-24, 540 projects have been approved under the component schemes of PMKSY; and 399 projects have been completed resulting in creation of 86.06 Lakh Metric Ton (LMT) processing and 22.63 LMT preservation capacities. A total of 1,78,781 employment opportunities have been generated over the said period.

MoFPI, rather than supporting projects under Public Private Partnership model, provides financial assistance to eligible entities for setting up of food processing projects wherein 948 cold storages with the capacity of 18.16 LMT has been established under various component schemes of PMKSY since their inception.

Under various sub-schemes of PMKSY viz. Operation Greens Scheme - Long Term Interventions, Integrated Cold Chain & Value Addition Infrastructure Scheme and Creation/ Expansion of Food Processing and Preservation Capacities Scheme, financial assistance in the form of grants-in-aid is provided for setting up of food processing projects which helps to curtail produce wastage and elevate processing percentage in the country.
 
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