New Delhi: While flagging off the 100th ‘Kisan Rail’ from Sangola in Maharashtra to Shalimar in West Bengal, Prime Minister Narendra Modi stated that under PM Krishi Sampada Yojana, around 6500 projects like mega food parks, cold chain infrastructure, agro-processing clusters have been approved. He also stated that Rs 10,000 crores have been approved for micro food processing industries under government’s ‘Atmanirbhar’ package. Also Read - PM Modi Sounds Poll Bugle in Assam, Distributes 1.06 Lakh Land Allotment Certificates in Sivasagar | LIVE

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It is a Central sector scheme and was approved by the Centre in May 2017 for the period of 2016-20 coterminous with the 14th Finance Commission cycle. The scheme has now been renamed as the “Pradhan Mantri Kisan Sampada Yojana (PMKSY)”. Also Read - 'Not 1, But 2 Made in India Vaccines': Modi in Interaction With Covid Vaccinators in Varanasi | Top Points

Objective: The objective of PMKSY is to supplement agriculture, modernize processing and decrease Agri-Waste.

Which Schemes Are Implemented Under PMKSY?

Mega Food Parks

Integrated Cold Chain, Value Addition and Preservation Infrastructure

Creation/Expansion of Food Processing/Preservation Capacities

Infrastructure for Agro Processing Clusters

Scheme for Creation of Backward and Forward Linkages

Food Safety & Quality Assurance Infrastructure

Human Resources and Institutions

Financial allocation: PM Kisan Sampada Yojana has an allocation of Rs 6,000 crore and is expected to leverage investment of Rs 31,400 crore, handling of 334 lakh MT agro-produce valuing Rs 1,04,125 crore. This scheme will benefit 20 lakh farmers and generate 5,30,500 direct/ indirect employment in the country by the year 2019-20.