In order to ensure overall growth and development of food processing sector across the country including Karnataka, Ministry of Food Processing industries (MoFPI) has been implementing Central Sector Umbrella Scheme - Pradhan Mantri Kisan SAMPADA Yojana (PMKSY) since 2016-17, centrally sponsored PM Formalization of Micro Food Processing Enterprises Scheme (PMFME) since 2020-21and Production Linked Incentive Scheme for Food Processing Industry (PLISFPI) since 2021-22.

Under component schemes of PMKSY, MoFPI mostly provides credit linked capital subsidy with total outlay of Rs 4600 Cr for 15 Finance Commission Cycle. Ministry also provides financial, technical and business support to micro food processing enterprises through PMFME scheme with outlay of Rs 10,000 Cr for a period of 5 Years (2020-21 to 2024-25), whereas PLISFPI is targeted to facilitate expansion of food processing capacity by creating champion brands in Food Processing Sector with total outlay of Rs 10,900 Cr for a period of 6 years (2021-22 to 2026-27).

Since 2019-20, a total of 373 food processing units have been approved for assistance under Creation/ Expansion of Food Processing & Preservation Capacities (CEFPPC), a component scheme of PMKSY, out of which 16 units are located in Karnataka.

A total of 38466 micro food processing enterprises have been approved for assistance under PMFME since 2020-21, out of which 2444 micro food processing enterprises are located in Karnataka.

This information was given by Union Minister of State for Food Processing Industries Shri Prahlad Singh Patel in a written reply in the Rajya Sabha.

 

******

 

MJPS/NSK

(Release ID: 1941377) Visitor Counter : 1120