Food processing sector to get a boost as govt approves SAMPADA

India Infoline News Service | Mumbai | May 04, 2017 11:45 IST

A Rs 6,000 crore centre government scheme, SAMPADA (Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters) has been approved by the government for the 2016-20 period. The decision to clear the scheme was taken at the meeting of Cabinet Committee on Economic Affairs (CCEA).

food processing
A Rs 6,000 crore centre government scheme, SAMPADA (Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters) has been approved by the government for the 2016-20 period. The decision to clear the scheme was taken at the meeting of Cabinet Committee on Economic Affairs (CCEA).
 
The scheme aims to boost processing of marine and agriculture produce
 
This new scheme will help generate an investment of Rs 31400 crore and facilitate managing of 334 lakh tonnes of agro-produce valuing more than Rs 1 lakh crore.
 
The scheme is expected to benefit 20 lakh farmers approximately and create almost 5,30,500 direct and indirect employment.
 
The main objective of the schemes is to supplement agriculture, decrease agri-waste and modernise processing.
 
GOI aims to double the farmer's income by 2022 and this scheme will help the government in achieving its target according to the government officials.

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