Question

    Which of the following Statements is/are about PM Sampada Yojana True?

    I- It is a Central Sector Scheme.

    II- Under PMKSY, capital subsidy in the form of grants-in-aid ranging from 35% to 75% of the eligible project cost subject to a maximum specified limit is provided to investors under the various schemes for undertaking infrastructure, logistic projects and setting up of food processing units in the country.

    III- Creation of Integrated Cold Chain and Value Addition Infrastructure is one of the objectives of the scheme.

    A Only I Correct Answer Incorrect Answer
    B I & II Correct Answer Incorrect Answer
    C II & III Correct Answer Incorrect Answer
    D Only III Correct Answer Incorrect Answer
    E I, II, & III Correct Answer Incorrect Answer

    Solution

    In 2016, MoFPI introduced an umbrella Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters or SAMPADA, which was proposed to be implemented with an allocation of ₹6,000 crores for the period of 2016-20. In 2017, SAMPADA was renamed as the Pradhan Mantri Kisan Sampada Yojana (PMKSY). It is a Central Sector Scheme. Objectives: To supplement agriculture. To create processing and preservation capacities. To modernise and expand existing food processing units with a view to increasing the level of processing. To add value leading to the reduction of wastage.  

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