Cabinet Renames SAMPADA Scheme as PMKSY

The Cabinet Committee on Economic Affairs has approved the renaming of the new Central Sector Scheme- SAMPADA (Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters) as “Pradhan Mantri Kisan Sampada Yojana (PMKSY)” for the period of 2016-20 coterminous with the 14th Finance Commission cycle.

The new Central Sector Scheme- SAMPADA was approved in May 2017 with same allocation and period. The objective of PMKSY is to supplement agriculture, modernize processing and decrease Agri-Waste.

Important Takeaways from Above News-

  • The Agricultural Minister of India is Radha Mohan Singh.
Source- Press Information Bureau (PIB)

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