How much funding has been disbursed for food processing units under the PMKSY scheme?

Click to start listening
How much funding has been disbursed for food processing units under the PMKSY scheme?

Synopsis

The PMKSY scheme has disbursed over Rs 6,411 crore to enhance food processing in India, benefiting millions of farmers. This funding aims to reduce waste and improve supply chains, creating new job opportunities in the agricultural sector. Discover how this initiative is transforming the food processing landscape in India.

Key Takeaways

  • Rs 6,411.61 crore allocated for food processing projects.
  • 1,601 projects approved under the PMKSY scheme.
  • Over 34 lakh farmers beneficiaries nationwide.
  • Focus on reducing post-harvest losses.
  • Creation of modern infrastructure and efficient supply chains.

New Delhi, Aug 7 (NationPress) The Ministry of Food Processing Industries has given the green light to 1,601 projects under the Pradhan Mantri Kisan SAMPADA Yojana (PMKSY), with a total of Rs 6,411.61 crore allocated as grants-in-aid by June 30. This initiative has positively impacted over 34 lakh farmers across the country, as reported in Parliament on Thursday.

The primary goal of the PMKSY scheme is to foster the comprehensive growth of the food processing industry in India. This scheme provides financial assistance in the form of grants-in-aid to qualified organizations and entities for establishing food processing and preservation facilities, as stated by the Minister of State for Food Processing Industries, Ravneet Singh, in a written response in the Lok Sabha.

The initiative focuses on constructing modern infrastructure, ensuring efficient supply chain management from the farm gate to retail, minimizing post-harvest losses, and enhancing value addition. This will lead to better financial returns for farmers, job creation, reduced waste, increased processing levels, and improved export of processed foods, ultimately supporting the growth of the food processing sector in India.

The facilities developed under the various components of the PMKSY are crucial for preserving and processing raw agricultural products, as well as transporting both raw and finished goods, thereby mitigating post-harvest losses.

To improve the effectiveness of the PMKSY, the ministry conducts regular monitoring through Project Management Agencies (PMAs) involved in the component schemes and conducts physical inspections of the projects. Additionally, the ministry coordinates with the relevant states and Union Territories for the effective execution of the scheme when necessary, the minister added.

Point of View

It is imperative to highlight that the PMKSY scheme represents a significant commitment by the government to bolster the agricultural sector. By addressing post-harvest losses and enhancing food processing capabilities, this initiative not only supports farmers but also strengthens the nation's food security and economic growth. Our stance should be to consistently advocate for such transformative policies that align with national interests.
NationPress
09/10/2025

Frequently Asked Questions

What is the PMKSY scheme?
The Pradhan Mantri Kisan SAMPADA Yojana (PMKSY) is a government initiative aimed at the overall development of the food processing sector in India, providing financial assistance to eligible organizations for infrastructure development.
How much funding has been allocated under PMKSY?
As of June 30, a total of Rs 6,411.61 crore has been disbursed for 1,601 projects under the PMKSY scheme.
Who benefits from the PMKSY scheme?
The PMKSY scheme benefits farmers by providing better infrastructure, reducing post-harvest losses, and creating employment opportunities in the food processing sector.
How does the PMKSY improve supply chains?
The PMKSY aims to create a modern supply chain management system from farm gate to retail outlet, enhancing efficiency and reducing wastage.
What measures are taken to ensure PMKSY's effectiveness?
Regular monitoring by Project Management Agencies and physical inspections of projects are conducted to ensure the effective implementation of the PMKSY scheme.
Nation Press