Pradhan Mantri Kisan Sampada Yojana (PMKSY), a new Central Sector Scheme earlier named as SAMPADA (Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters) is launched for the period of 2016-20 coterminous with the 14th Finance Commission cycle. The government has extended the scheme till March 2026 with an allocation of Rs 4,600 crore
Pradhan Mantri Kisan Sampada Yojana
Pradhan Mantri Kisan Sampada Yojana is an umbrella scheme incorporating ongoing schemes of the Ministry of Food Processing Industries like Mega Food Parks, Integrated Cold Chain and Value Addition Infrastructure, Food Safety and Quality Assurance Infrastructure, etc. and also new schemes like Infrastructure for Agro-processing Clusters, Creation of Backward and Forward Linkages, Creation / Expansion of Food Processing & Preservation Capacities.
The objective of PMKSY is to supplement agriculture, modernize processing and decrease Agri-Waste.
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.
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