The Ministry of Food Processing Industries (MOFPI) in India is responsible for formulating and implementing policies and plans to promote the food processing industry. Their primary aims include stimulating sector growth, increasing farmers' income, and generating employment opportunities. Recently, MOFPI issued an Expression of Interest (EOI) for the Food Processing Sector as part of the Pradhan Mantri Kisan SAMPADA Yojana (PMKSY), a government initiative designed to strengthen the food processing industry. SAMPADA, which stands for "Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters," focuses on key objectives such as reducing post-harvest losses, enhancing supply chain management, and providing substantial support to the food processing sector. Following are the benefits made available to the entities
1. Creation of Infrastructure for the Agro Processing Cluster
- Quantum of benefit available under the scheme: 35% to 50% of the eligible project cost subject to a maximum of Rs. 10.00 Crore.
2. Creation/Expansion for Food Processing & Preservation Capacities
- Quantum of benefit available under the scheme: 35% to 50% of the eligible project cost subject to a maximum of Rs. 5.00 Crore.
3. Integrated Cold Chain and Value Addition Infrastructure
- Quantum of benefit available under the scheme: 35% to 50% of the eligible project cost subject to a maximum of Rs. 10.00 Crore.
4. Setting up/Upgradation of Food Testing Laboratories
- Quantum of benefit available under the scheme: 50% to 70% of the eligible project cost. There is no ceiling on the maximum amount of benefit. Further benefit for Technical Civil Works and Furniture & Fixtures Cost, 2% of eligible cost or 15.00 Lakhs whichever is lower.
5. Operation Greens- Long-Term Intervention
- Quantum of benefit available under the scheme: 35% to 50% of the eligible project cost subject to a maximum of Rs. 15.00 Crore.For further details, refer the PDF File Attached.
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