The Pradhan Mantri Kisan Sampada Yojana is a central sector scheme and it was approved by the parliament in May 2017 for 2016-20 in the 14th finance commission cycle. The scheme is quite big and incorporates many other schemes under its shed. The related schemes are from mega food parks, value addition infrastructure, quality assurance, food quality, etc. The main objective of PMKSY is to supplement agriculture bring in modernize processing and lessen agriculture waste.
The government of India has passed a distinct Central Sector Scheme called the Pradhan Mantri Kisan SAMPADA Yojana (Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters) and has allocated an amount of Rs 6,000 crore and it will be launched by the Ministry of Food Processing Industries (MoFPI).
Today Update
Pradhan Mantri Kisan Sampada Yojana Applications are Open so Register Now.
Reasons for Implementation of PMKSY
PM Kisan SAMPADA Yojana is a full unit that will develop state-of-the-art support with effective stock chain administration from farm to retail outlet. The scheme will not only offer a significant boost to the majority of the food processing division in the nation but further help in implementing more regular profits to farmers. Moreover, it is a huge step towards increasing farmer’s income, generating huge employment possibilities, particularly in the agricultural areas, lessening the wastage of farming produce, developing the processing level, and improving the trading of the treated foods.
The following Scheme will be benefitted under PMKSY
- Creation/ Expansion of Food Processing/ Preservation Capacities (Unit Scheme)
- Mega Food Parks
- Integrated Cold Chain and Value Addition Infrastructure
- Assurance Infrastructure
- Human Resources and Institutions
- Creation of Backward and Forward Linkages
Pradhan Mantri Kisan Sampada yojana Overview
| Name of the organization | Government of India |
| Name of the scheme | Pradhan Mantri Kisan Sampada Yojna (PMKSY) |
| Launched on | 2020 |
| Implementation in | India |
| Announced by | PM Narendra Modi |
| Aid to | Farmers |
| Beneficiary | Landholding Farmers |
| Amount | Rs. 6000/- Per Year (In Three Instalments) |
| Official Website | http://mofpi.nic.in/ |
The scheme will help the majority of the sectors working under the agricultural belt giving them a boost for their produce. Moreover, the implementation will help all farmers scale at large. The food processing sector is an important sector of the nation’s economy when it comes to its contribution to the GDP. In the year 2015-2016, the entire section contributed 8.6% of GVA in manufacturing as well as from the agriculture sector.
Benefits of Pradhan Mantri Kisan Sampada Yojana
The government of India has taken several measures earlier. But, the PMKSY will work on boosting the importance of food processing and agriculture. It will offer better prices to the Indian farmers and will try to enhance their income. Furthermore, it will also create employment opportunities in rural areas. Farmers and traders can receive safe processed food and reduce wastage of goods to a great extent.
How to Apply for PMKSY?
- First of all, you can open the browser and log in to the official website http://mofpi.nic.in and then search for the scheme.
- Once you click on the scheme, you will get all the details about PMKSY.
- The aforesaid areas will be benefitted under the scheme.