Nod to 27 projects under the Pradhan Mantri Kisan Sampada Yojana (PMKSY)

  • IASbaba
  • September 2, 2020
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Nod to 27 projects under the Pradhan Mantri Kisan Sampada Yojana (PMKSY)

Part of: GS-Prelims and GS-III – Cold chain Industries; Supply chain management

In News:

  • Recently, 27 projects under the PMKSY were approved. 
  • Objective: For development of integrated cold chains and value addition infrastructure in India.
  • Ministry: Ministry of Food Processing Industries 

Key takeaways 

  • The new integrated cold chain projects will generate direct and indirect employment and benefit nearly lakhs of farmers.
  • Cold chain facilities shall be created for the food processing sector across various states. 
  • States included: Andhra Pradesh, Bihar, Gujarat, Haryana, Karnataka, Kerala, Madhya Pradesh, Punjab, Rajasthan, Tamil Nadu and Uttar Pradesh.

Important value additions 

Central Sector Scheme of Integrated Cold Chain and Value Addition Infrastructure

  • It is a component scheme under PMKSY.
  • The government provides financial assistance in the form of grant-in-aid at the rate of 35% for general areas and the rate of 50% for North-Eastern States, Himalayan States, ITDP Areas, and Islands for storage and transport infrastructure.
  • The assistance at 50% and 75% respectively are also given for value addition and processing infrastructure subject to a maximum grant-in-aid of Rs 10 crores per project. 

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