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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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