Cabinet approves New Central Sector Scheme – SAMPADA

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for restructuring the schemes of the Ministry of Food Processing Industries (MoFPI) under new Central Sector Scheme – SAMPADA (Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters) for the period 2016-20 coterminous with the 14th Finance Commission cycle.

SAMPADA with an allocation of Rs. 6,000 crore is expected to leverage the investment of Rs. 31,400 crore will benefit 20 lakh farmers and generate 5,30,500 direct/ indirect employment in the country by the year 2019-20. The objective of SAMPADA is to supplement agriculture, modernize processing and decrease agri-waste. The SAMPADA is a comprehensive package to give a renewed thrust to the food processing sector in the country.

    Important Takeaways from above News for Dena Bank PO Exam-
    • Cabinet has approved a New Central Sector Scheme – SAMPADA
    • Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters is the full form of SAMPADA
    • The objective of SAMPADA is to supplement agriculture, modernize processing and decrease agri-waste.
    Source- Press Information Bureau (PIB)
    If you have any other takeaways, do share with us in the comment section

    ×

    Download success!

    Thanks for downloading the guide. For similar guides, free study material, quizzes, videos and job alerts you can download the Adda247 app from play store.

    Thank You, Your details have been submitted we will get back to you.

    Leave a comment

    Your email address will not be published. Required fields are marked *

    Join India's largest learning destination

    What You Will get ?

    • Job Alerts
    • Daily Quizzes
    • Subject-Wise Quizzes
    • Current Affairs
    • Previous year question papers
    • Doubt Solving session

    Login

    OR

    Forgot Password?

    Join India's largest learning destination

    What You Will get ?

    • Job Alerts
    • Daily Quizzes
    • Subject-Wise Quizzes
    • Current Affairs
    • Previous year question papers
    • Doubt Solving session

    Sign Up

    OR
    Join India's largest learning destination

    What You Will get ?

    • Job Alerts
    • Daily Quizzes
    • Subject-Wise Quizzes
    • Current Affairs
    • Previous year question papers
    • Doubt Solving session

    Forgot Password

    Enter the email address associated with your account, and we'll email you an OTP to verify it's you.


    Join India's largest learning destination

    What You Will get ?

    • Job Alerts
    • Daily Quizzes
    • Subject-Wise Quizzes
    • Current Affairs
    • Previous year question papers
    • Doubt Solving session

    Enter OTP

    Please enter the OTP sent to
    /6


    Did not recive OTP?

    Resend in 60s

    Join India's largest learning destination

    What You Will get ?

    • Job Alerts
    • Daily Quizzes
    • Subject-Wise Quizzes
    • Current Affairs
    • Previous year question papers
    • Doubt Solving session

    Change Password



    Join India's largest learning destination

    What You Will get ?

    • Job Alerts
    • Daily Quizzes
    • Subject-Wise Quizzes
    • Current Affairs
    • Previous year question papers
    • Doubt Solving session

    Almost there

    Please enter your phone no. to proceed
    +91

    Join India's largest learning destination

    What You Will get ?

    • Job Alerts
    • Daily Quizzes
    • Subject-Wise Quizzes
    • Current Affairs
    • Previous year question papers
    • Doubt Solving session

    Enter OTP

    Please enter the OTP sent to Edit Number


    Did not recive OTP?

    Resend 60

    By skipping this step you will not recieve any free content avalaible on adda247, also you will miss onto notification and job alerts

    Are you sure you want to skip this step?

    By skipping this step you will not recieve any free content avalaible on adda247, also you will miss onto notification and job alerts

    Are you sure you want to skip this step?