Pradhan Mantri Kisan Sampada Yojana
( PMKSY ) Scheme
Introduction :
Pradhan Mantri Kisan Sampada Yojana (PMKSY) is a comprehensive scheme launched by the Government of India to modernize and strengthen the food processing sector in the country. It aims to boost agricultural and horticultural production, enhance processing capabilities, and promote value addition of agricultural produce. Here are some key features and components of the PMKSY scheme:
Objective: The main objective of PMKSY is to create modern infrastructure and enable the setting up of efficient supply chains for the agro-processing sector. It aims to reduce post-harvest losses, increase income for farmers, and generate employment opportunities in rural areas.
Sub-Schemes: PMKSY consists of several sub-schemes that cover various aspects of the food processing sector. These sub-schemes include the Mega Food Parks Scheme, Cold Chain Infrastructure Scheme, Agro-Processing Clusters Scheme, Creation/Expansion of Food Processing and Preservation Capacities, and Infrastructure for Agro-Processing Clusters.
Infrastructure Development: The scheme focuses on the development of infrastructure facilities such as food parks, cold storage units, processing centers, packaging units, and other modern processing and preservation infrastructure. This includes setting up common facilities and amenities for processing, storage, and logistics.
Financial Assistance: PMKSY provides financial assistance to entrepreneurs, farmers, self-help groups, cooperatives, and other stakeholders in the food processing sector. The assistance is in the form of grants, subsidies, and loans to support infrastructure development, establishment of processing units, and capacity building initiatives.
Capacity Building and Skill Development: The scheme emphasizes the training and skill development of farmers, entrepreneurs, and workers in the food processing industry. It aims to enhance their knowledge and skills related to processing technologies, quality control, packaging, and marketing.
Quality and Standards: PMKSY promotes the adoption of quality control measures and adherence to food safety standards. It encourages the establishment of quality testing laboratories and certification facilities to ensure the production of safe and high-quality processed food products.
Market Promotion: The scheme supports market promotion activities, including the branding and marketing of processed food products. It aims to improve market access for farmers and processors by facilitating linkages with organized retail, export markets, and institutional buyers.
Value Addition and Agri-Exports: PMKSY focuses on promoting value addition of agricultural produce by encouraging processing, value chain development, and diversification of agricultural products. It also aims to boost agricultural exports by enhancing processing capabilities and meeting international quality standards.
Main Features :
The main features of the Pradhan Mantri Kisan Sampada Yojana (PMKSY) scheme include the following:
Comprehensive Approach: PMKSY takes a comprehensive and integrated approach to develop the food processing sector in India. It covers various aspects such as infrastructure development, capacity building, value addition, and market promotion.
Sub-Schemes: PMKSY consists of multiple sub-schemes that target specific areas of the food processing sector. These sub-schemes include the Mega Food Parks Scheme, Cold Chain Infrastructure Scheme, Agro-Processing Clusters Scheme, Creation/Expansion of Food Processing and Preservation Capacities, and Infrastructure for Agro-Processing Clusters.
Infrastructure Development: The scheme focuses on developing modern and efficient infrastructure for food processing. It includes the establishment of food parks, cold storage units, processing centers, packaging units, and other necessary infrastructure to reduce post-harvest losses and enhance value addition.
Financial Assistance: PMKSY provides financial assistance in the form of grants, subsidies, and loans to support infrastructure development, setting up of processing units, and capacity building initiatives. This helps entrepreneurs, farmers, self-help groups, and cooperatives in the food processing sector.
Capacity Building and Skill Development: PMKSY emphasizes the training and skill development of farmers, entrepreneurs, and workers in the food processing industry. It aims to enhance their knowledge and skills related to processing technologies, quality control, packaging, and marketing.
Quality and Safety Standards: The scheme promotes adherence to quality control measures and food safety standards. It encourages the establishment of quality testing laboratories and certification facilities to ensure the production of safe and high-quality processed food products.
Market Promotion: PMKSY supports market promotion activities to enhance market access for farmers and processors. It includes branding and marketing initiatives, facilitating linkages with organized retail, export markets, and institutional buyers.
Value Addition and Agri-Exports: PMKSY focuses on promoting value addition of agricultural produce by encouraging processing and value chain development. It aims to boost agricultural exports by enhancing processing capabilities and meeting international quality standards.
Employment Generation: The scheme aims to generate employment opportunities in rural areas through the development of the food processing sector. It supports the establishment of processing units and related infrastructure, leading to increased economic activities and job creation.
Technology Upgradation: PMKSY encourages the adoption of advanced technologies in food processing to improve efficiency and productivity. It supports the modernization and upgradation of processing units with the latest equipment and machinery.
These features of the PMKSY scheme collectively aim to transform the food processing sector in India by modernizing infrastructure, enhancing value addition, improving market access, and generating employment opportunities in rural areas.
Finance and Subsidy :
The finance and subsidy aspects of the Pradhan Mantri Kisan Sampada Yojana (PMKSY) scheme involve the provision of financial assistance to various stakeholders in the food processing sector. Here are some key points related to finance and subsidy under PMKSY:
Budget Allocation: The central government allocates a specific budget for the implementation of PMKSY each year. The budget varies from year to year and is subject to government priorities and available resources.
Subsidy Support: PMKSY provides subsidies to eligible individuals, farmers, entrepreneurs, self-help groups, cooperatives, and other entities involved in the food processing sector. The subsidy support is aimed at reducing the financial burden and promoting investment in infrastructure, processing units, and other related activities.
Subsidy Percentage: The percentage of subsidy provided under PMKSY may vary depending on the specific sub-scheme and the category of beneficiaries. The subsidy percentage is determined by the implementing agency or the government department responsible for administering the scheme.
Eligibility Criteria: To avail of the subsidy, applicants must meet the prescribed eligibility criteria set by the government. These criteria may include factors such as the type of project, location, size, investment amount, and compliance with scheme guidelines.
Project Cost and Subsidy Cap: PMKSY typically sets a maximum limit on the project cost for which subsidies can be availed. The subsidy amount is calculated based on the eligible project cost and the applicable subsidy percentage, up to the specified cap.
Disbursement Process: The disbursement of subsidies under PMKSY is usually done in a phased manner. It involves the submission of necessary documents, verification of project details, and compliance with scheme guidelines. The subsidy amount is released to the beneficiaries through a designated channel, such as direct transfer to the bank account.
Loan Assistance: In addition to subsidies, PMKSY may also provide loan assistance to eligible beneficiaries through financial institutions. These loans are often offered at concessional interest rates and aim to facilitate access to finance for setting up processing units or investing in infrastructure.
.jpg)
.jpg)
