PM Kisan Sampada Yojana

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PM Kisan Sampada Yojana

 

The Centrally Sponsored Scheme – “Pradhan Mantri Kisan Sampada Yojana (PMKSY)”. Old name SAMPADA (Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters) was approved by the cabinet in May 2017 with an allocation of Rs. 6,000 crore for the period 2016-20 coterminous with the 14th Finance Commission cycle. This Scheme implemented by Ministry of Food Processing Industries (MoFPI).

Quick Points
Scheme approved May 2017
Implemented by Ministry of Food Processing Industries
Total outlay For year 2016-2020 Rs. 6,000 crore
NABARD Special Fund for available affordable credit for food parks and agro processing units Rs. 2,000 crore
Total component schemes under this Scheme 7
FDI Allow in food processing and retail sector 100%

Pradhan Mantri Kisan Sampada Yojana (PMKSY) is an umbrella scheme incorporating 4 ongoing schemes of the Ministry like Mega Food Parks, Integrated Cold Chain and Value Addition Infrastructure, Food Safety and Quality Assurance Infrastructure, etc. and also 3 new schemes like Infrastructure for Agro-processing Clusters, Creation of Backward and Forward Linkages, Creation / Expansion of Food Processing & Preservation Capacities.

Objective of this Scheme:-

  • Creation of modern infrastructure for food processing mega food parks/ clusters and individual units
  • To create effective backward and forward linkages – linking farmers, processors and markets
  • To create robust supply chain infrastructure for perishables

Schemes To Be Implemented:-

The following schemes will be implemented under PM Kisan SAMPADA Yojana

Scheme Status
Mega Food Parks Ongoing
Integrated Cold Chain, Value Addition and Preservation Infrastructure Ongoing
Food Safety & Quality Assurance Infrastructure Ongoing
Human Resources and Institutions Ongoing
Creation/Expansion of Food Processing/Preservation Capacities New
Infrastructure for Agro Processing Clusters New
Scheme for Creation of Backward and Forward Linkages New

Financial Allocation For the Scheme :-

PMKSY with an allocation of Rs. 6,000 crore is expected to leverage investment of Rs. 31,400 crore, handling of 334 lakh MT agro-produce valuing Rs. 1,04,125 crore, benefit 20 lakh farmers and generate 5,30,500 direct/ indirect employment in the country by the year 2019-20.

Impact of the Scheme:-

  • The implementation of PMKSY will result in creation of modern infrastructure with efficient supply chain management from farm gate to retail outlet.
  • It will provide a big boost to the growth of food processing sector in the country.
  • It will help in providing better prices to farmers and is a big step towards doubling of farmers’ income.
  • It will create huge employment opportunities especially in the rural areas.
  • It will also help in reducing wastage of agricultural produce, increasing the processing level, availability of safe and convenient processed foods at affordable price to consumers and enhancing the export of the processed foods.
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