Ministry of Food Processing Industries (MoFPI) introduced Pradhan Mantri Kisan Sampada Yojana (PMKSY) scheme. PMKSY is a comprehensive program launched by the Indian government to modernize the agriculture sector and promote food processing and preservation. The scheme aims to benefit farmers, consumers and the food processing industry as a whole. The objective of the scheme is to create employment opportunities in rural areas, double the farmer’s income, modernize processing, reduce agriculture produce waste and to enhance the export of processed foods.
- Scheme Name: Pradhan Mantri Kisan SAMPADA Yojana
- Scheme Implemented: 2016 as SAMPADA (Scheme for Agro-Marine Processing & Development of Agro Processing Clusters) and Renamed as PMKSY in 2017.
- Scheme Fund Allocated: Rs. 4600 crores
- Type of Government Scheme: Central Sector Scheme
- Sponsored / Sector Scheme: Ministry of Food Processing Industries
- Website to apply: https://www.mofpi.gov.in/
- Helpline No: NA
Features of PMKSY
|Aim||To modernize processing, decrease agriculture waste and supplement agriculture.|
|Scheme Extended Period||2021-22 to 2025-26|
|Capital Subsidy||Provided in the form of grants in aids ranging from 35% to 75% of the eligible project cost to investors under various components|
|Pattern of Assistance||Ministry will provide subsidy @ 50% of the cost for Transportation of crops from Production Cluster and Hiring of storage facilities for crops (max 3 months)|
|Minimum quantity to be procured, transported & stored per Entity (one / more crops)||
Latest News about the scheme
- 18,06,027 farmers have been assisted so far since the introduction of PMKSY. Out of 4,026 project proposals, 1,002 proposals have been approved by state governments and entrepreneurs under various sub-schemes of PMKSY from 2017-18 to 2022-23.
- Gross value added in the food processing sector has increased from Rs. 1.79 lakh crore in in the year 2016-17 to Rs. 2.37 lakh crore in the year 2020-21, at a Compounded Annual Growth Rate of 7.27%.
Components of PMKSY scheme
- Operation Green
- Food Safety and Quality Assurance Infrastructure
- Human Resources and Institutions – Research & Development (R&D)
- Expansion of Food Processing & Preservation Capacities
- Integrated Cold Chain and Value Addition Infrastructure
- Infrastructure for Agro-Processing Clusters
Benefits of Pradhan Mantri Kisan Sampada Yojana
- The scheme provides good returns to farmers and also helps in boosting the growth of the food processing sector.
- The PMKSY scheme will create employment opportunities in the food processing sector, particularly in the rural areas, by promoting food processing industries.
- The scheme helps in setting up of quality assurance mechanisms, such as food testing laboratories and quality certification, to ensure the safety and quality of processed food products.
- The scheme will enhance the competitiveness of the food processing sector and help in increasing exports of processed food products.
Drawbacks of PMKSY
Many farmers and food processing units are not aware of the scheme, and as a result, they are not able to take advantage of its benefits. Increasing awareness and encouraging participation are critical to the success of the scheme.
How to apply?
Step 1: Visit the official of Ministry of Food Processing Industries i.e. https://www.mofpi.gov.in/
Step 2: Click on “Schemes” tab and select Pradhan Mantri Kisan Sampada Yojana from drop-down menu.
Step 3: After clicking on Schemes tab, click on the “Apply Online” option.
Step 4: Fill the required details mentioned in the application form
Step 5: Upload all the necessary documents such as identity proof, address proof and bank account details.
Step 6: After completing the application form, Submit it online.
- Identity Proof
- Age Proof
- Income Certificate
- Caste Certificate
- Ration Card
- Passport size photograph
- Mobile Number
Therefore, the PMKSY is a significant initiative that has the potential to transform the agricultural and food processing sector in India. By promoting value addition and reducing wastage, the scheme can increase farmers’ incomes, create job opportunities and improve the availability and quality of processed food for consumers.