Gram Samridhi Yojana, a Centrally-sponsored scheme is being launched shortly to support the unorganised food processing sector concentrated in rural areas. It also aims to provide common facility centres and business incubators in rural areas
The scheme aims to offer subsidies to small farmer producers’ organisations and individual food processors, who makes very low capital investments and have poor access to credit, to set up food processing capacities, enhance and upgrade their existing capacities, enhancing their performances and strengthening the farm-to-market supply chain.
Niti Aayog has given the in-principle approval to the scheme and now the proposal has gone to the Expenditure Finance Committee for clearance
The Rs 3,000 crore scheme will be funded by the World Bank. World Bank will be giving Rs 1,500 crore while Rs 1,000 crore will be borne by the centre while state governments will put in Rs 500 crore
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