Table of Contents
CURRENT AFFAIR
- 32 projects have been sanctioned under the Pradhan Mantri Kisan Sampada Yojana (PMKSY) of the Ministry of Food Processing Industries (MoFPI).
DETAILS
- The projects are spread across almost 17 States, leveraging an investment worth ₹406 crores.
- These projects envisage the creation of direct and indirect employment, especially in rural areas.
Pradhan Mantri Kisan SAMPADA Yojana
- In 2016, MoFPI introduced an umbrella Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters or SAMPADA, which was proposed to be implemented with an allocation of ₹6,000 crores for the period of 2016-20.
- In 2017, SAMPADA was renamed as the Pradhan Mantri Kisan Sampada Yojana (PMKSY).
- It is a Central Sector Scheme.
Objectives
- To supplement agriculture.
- To create processing and preservation capacities.
- To modernise and expand existing food processing units with a view to increasing the level of processing.
- To add value leading to the reduction of wastage.
Seven component schemes under PMKSY
- Mega Food Parks.
- Integrated Cold Chain and Value Addition Infrastructure.
- Infrastructure for Agro-Processing Clusters.
- Creation of Backward and Forward Linkages.
- Creation/Expansion of Food Processing & Preservation Capacities.
- Food Safety and Quality Assurance Infrastructure.
- Human Resources and Institutions.
CAPITAL SUBSIDY
- Under PMKSY, capital subsidy in the form of grants-in-aid ranging from 35% to 75% of the eligible project cost subject to a maximum specified limit is provided to investors under the various schemes.
- For undertaking infrastructure, logistic projects and setting up of food processing units in the country.
What is Food Processing
- Food Processing includes process under which any raw product of agriculture, dairy, animal husbandry, meat, poultry or fishing is transformed through a process in such a way that its original physical properties undergo a change and the transformed product has commercial value and is suitable for human and animal consumption.
- It also includes the process of value addition to produce products through methods such as preservation, addition of food additives, drying etc. with a view to preserve food substances in an effective manner, enhance their shelf life and quality.
FOOD PROCESSING- SIGNIFICANCE
- Food processing plays an important role in connecting Indian farmers to domestic and international consumers and markets.
- The introduction of modern processing techniques for food results in improved shelf-life of the agricultural produce and ensures steady revenue to farmers.
- The processed food market is expected to grow to $543 billion by 2020 from $322 billion in 2016, at a Compound Annual Growth Rate (CAGR) of 14.6%
- Employment Generation
- Doubling of farmers’ income
- Reduce malnutrition
- Reduce food wastage
- Boosts Trade and Earns Foreign exchange
- Preserve the nutritive quality of food and prolongs the shelf life
- Enhances the quality and taste of food
- Enhances consumer choices
- Curbing Migration
- Curbing Food Inflation
- Crop-diversification
Status of Food Processing In India
- India is the world’s second largest producer of fruits & vegetables after China but hardly 2% of the produce is processed.
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