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Prime Minister Narendra Modi announced that under PM Krishi Sampada Yojana, approximately 6,500 projects such as mega food parks, cold chain infrastructure, agro-processing clusters had been authorized while waving off the 100th 'Kisan Rail' from Sangola to Shalimar. He also noted that under the government 'Atmanirbhar' package, Rs 10,000 crores had been approved for micro food processing industries.

What is Sampada Yojana's Pradhan Mantri Kisan?

It was a Central Sector Scheme and was supported by the middle in May 2017 by the 14th Finance Commission cycle for the 2016-2020 period. The framework is now called the "Pradhan Mantri Kisan Sampada Yojana (PMKSY)" scheme.

Objective: Supplementing agriculture, modernizing processing and reducing agri-waste is the objective of PMKSY.

What are schemes under PMKSY being implemented?

Health Parks Super

Integrated Cold Chain, Value Addition and Preservation Facilities

Food processing/preservation capability creation/expansion

Infrastructure for Clusters for Agro Production

Backward and Forward Linkage Formation Scheme

Infrastructure for food safety & quality assurance

Institutions and Human Capital

Financial allocation: PM Kisan Sampada Yojana has a Rs 6,000 crore budget and is planned to exploit Rs 31,400 crore of investment, handling Rs 1,04,125 crore of 334 lakh MT agro-produce. This scheme will help 20 lakh farmers generate 5,30,500 jobs in the country by the year 2019-20.