The ‘Pradhan Mantri Kisan Sampada Yojana (PMKSY)’ has been extended till March 2026 with an allocation of Rs 4,600 crore. The scheme is administered by the Ministry of Food Processing Industries. The scheme aims for the overall growth and development of the food processing sector. In May 2017, the Central Government had launched SAMPADA (Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters) with an allocation of Rs 6,000 crore. The scheme was renamed as PMKSY in August 2017.
About the scheme:
The scheme will boost the growth of the food processing sector but also help in providing better prices to farmers and creating huge employment opportunities. PMKSY is an umbrella scheme incorporating ongoing schemes of the ministry like Integrated Cold Chain and Value Addition Infrastructure, Food Safety and Quality Assurance Infrastructure, Infrastructure for Agro-processing Clusters, Creation /Expansion of Food Processing and Preservation Capacities and Operation Greens.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Goa Liberation Day 2025 is observed on 19 December across the state of Goa with…
Honorable Prime Minister Narendra Modi has been conferred Oman’s highest national honour which is The…
A historic moment for India’s armed forces 23 year old Sai Jadhav has become the…
India and Saudi Arabia have taken another significant step to deepen their growing strategic relationship…
India’s ride hailing market is set to witness a significant shift with the upcoming rollout…
Significant boost to India’s defense logistics and operational readiness, the Indian Army has successfully inducted…