Policies and Incentives

Pradhan Mantri Kisan Sampada Yojana (PMKSY)

PM Kisan SAMPADA Yojana is expected to leverage investment of Rs. 31,400 crore for handling of 334 lakh MT agro-produce valued at Rs. 1,04,125 crore, benefiting 20 lakh farmers and generating 5,30,500 direct/indirect employment in the country by the year 2019-20.

PM Formlisation of Micro Food Processing Enterprises Scheme

Ministry of Food Processing Industries (MoFPI), in partnership with the State/ UT Governments, has launched an all India Centrally Sponsored PM Formalisation of Micro food processing Enterprises Scheme (PM FME Scheme) for providing financial, technical and business support for upgradation of existing micro food processing enterprises.

Production Linked Incentive Scheme for Food Processing Industry (PLISFPI)

PLISFPI for implementation during 2021-22 to 2026-27 has an outlay of Rs. 10,900 crore. The objective of the scheme is:

  • To support the creation of global food manufacturing champions

  • Promote Indian brands of food products

  • Increase employment opportunities for off-farm jobs

  • Ensure remunerative prices of farm produce and higher income to farmers.

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