Pradhanmantri Kisan Sampada Yojana

Who Can Apply

Central and State PSUs

Farmer Producer Organizations (FPOs)

Self Help Groups (SHGs)

Non-Governmental Organizations (NGOs)

Joint Ventures / Cooperatives / Corporate entity / Proprietorship firms

Which Projects Are Eligible Under Pradhanmantri Kisan Sampada Yojana

Mega Food Parks (on going)

Ensure remunerative prices to the farmers for their produce

Integrated Cold Chain and Value Addition Infrastructure (on going)

Ensure remunerative prices to the farmers for their produce

Creation / Expansion of Food Processing & Preservation Capacities (new)

Ensure remunerative prices to the farmers for their produce

Infrastructure for Agro-Processing Clusters (new)

Ensure remunerative prices to the farmers for their produce

Creation of Backward and Forward Linkages (new)

Ensure remunerative prices to the farmers for their produce

Food Safety and Quality Assurance Infrastructure (on going)

Ensure remunerative prices to the farmers for their produce

Human Resources and Institutions (on going)

Ensure remunerative prices to the farmers for their produce

Benefit

  • The scheme offers subsidies on capital costs for setting up food processing units.
    This can significantly reduce the investment needed for entrepreneurs and FPOs.
  • Grants are available for infrastructure projects like cold storage and market linkages.
    This reduces the financial burden on building critical infrastructure.
  • FPOs can avail loans for food processing projects at concessional interest rates. This makes financing more accessible and affordable.

Type of incentives

  • Grant-in-Aid: Grant-in-Aid @ 50% of eligible project cost in general areas and 75% of eligible
    project cost in NE Region and difficult areas subject to maximum of Rs.50 crore per project.
  • Interest Subvention: Up to 3% interest subvention on loans availed from banks for food
    processing projects.
  • Credit Guarantee: Credit guarantee coverage of up to 75% of the loan amount for loans
    availed from banks by FPOs for food processing projects.
  • Technical Consultancy: Technical consultancy services for setting up and operating food
    processing units.
  • Training and Skill Development: Training and skill development programs for
    entrepreneurs, farmers, and workers in the food processing sector.
  •  Research and Development: Support for research and development in food processing
    technologies.