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.
CATEGORY | REMARKS |
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 |
Beneficiaries | Indian Farmers |
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) |
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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.
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.
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.
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