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PM Kisan Sampada UPSC NOTE

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  Why in news 1,646 food processing projects sanctioned under the PM Kisan Sampada Yojana (PMKSY) till December 2024. Total value of the p...

 Why in news

  • 1,646 food processing projects sanctioned under the PM Kisan Sampada Yojana (PMKSY) till December 2024.

  • Total value of the projects: ₹31,830.23 crore with potential private investment of ₹22,722.55 crore.

  • Aim to create processing capacity of 428.04 LMT/annum, generate 13.42 lakh jobs, and benefit 51.24 lakh farmers.

PM Kisan Sampada

  • In 2016, Ministry of Food Processing Industries (MoFPI introduced an umbrella Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters or SAMPADA, which was proposed to be implemented with an allocation of ₹6,000 crores for the period of 2016-20.

  • In 2017, SAMPADA was renamed as the Pradhan Mantri Kisan Sampada Yojana (PMKSY).

  • It is a Central Sector Scheme.

Objectives:

  • To supplement agriculture.

  • To create processing and preservation capacities.

  • To modernise and expand existing food processing units with a view to increasing the level of processing.

  • To add value leading to the reduction of wastage.

Seven component schemes under PMKSY:

  • Mega Food Parks.

  • Integrated Cold Chain and Value Addition Infrastructure.


  • Infrastructure for Agro-Processing Clusters.

  • Creation of Backward and Forward Linkages.

  • Creation/Expansion of Food Processing & Preservation Capacities.

  • Food Safety and Quality Assurance Infrastructure.

  • Human Resources and Institutions.

  • Under PMKSY, investors receive capital subsidies ranging from 35% to 75% of the eligible project cost, with specified maximum limits, for infrastructure, logistics projects, and food processing units.


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Learnerz IAS | Concept oriented UPSC Classes in Malayalam: PM Kisan Sampada UPSC NOTE
PM Kisan Sampada UPSC NOTE
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