Central Sector Scheme – SAMPADA

Mentor for Bank Exams
Central Sector Scheme – SAMPADA
  • SAMPADA stands for Scheme for Agro-Marine Processing and Development of Agro-Processing Clusters.
  • It is an umbrella scheme incorporating ongoing schemes of the Ministry, namely Mega Food Parks, Integrated Cold Chain and Value Addition Infrastructure, Food Safety and Quality Assurance Infrastructure, Infrastructure for Agro-processing Clusters, Creation of Backward and Forward Linkages, Creation / Expansion of Food Processing & Preservation Capacities.
  • The Cabinet Committee on Economic Affairs (CCEA) gave approval for re-structuring the schemes of the Ministry of Food Processing Industries (MoFPI) under new Central Sector Scheme – SAMPADA for the period 2016-20 coterminous with the 14th Finance Commission cycle.
Aim and Objective:
  • The objective of SAMPADA is to supplement agriculture, modernize processing and decrease agri-waste.
  • It aims at development of modern infrastructure to encourage entrepreneurs to set up food processing units based on cluster approach, provide effective and seamless backward and forward integration for processed food industry, creation of processing and preservation capacities, and modernization/ expansion of existing food processing units.
  • SAMPADA with an allocation of Rs. 6,000 Crore is projected to help 20 lakh farmers and generate 5, 30,500 direct and indirect employment opportunities in the country by the year 2019-20.
  • It will help in generating an investment of Rs 31,400 Crore and facilitate handling of 334 lakh tonne of agro-produce valuing Rs 1,04,125 Crore.
Benefits of SAMPADA:
  • The implementation of SAMPADA is expected to handle 334 lakh MT agro-produce worth Rs. 104,125 crore benefiting 20 lakh farmers and generating 530,500 direct/indirect employment in the country by the year 2019-20.
  • It will result in creation of modern infrastructure with efficient supply chain management from farm gate to retail outlet.
  • It will not only provide a big boost to the growth of food processing sector in the country but also help in providing better prices to farmers and is a big step towards doubling of farmers’ income.
  • It will also help in reducing wastage of agricultural produce, increasing the processing level, availability of safe and convenient processed foods at affordable price to consumers and enhancing the export of the processed foods.
Food Processing Sector during 2015-16 constituted as much as 9.1 and 8.6 percent of Gross Value Added (GVA) in Manufacturing and Agriculture sector respectively. And in last three years, the Union Government has taken several initiatives to boost the sector. These are:
  • Allowing 100% FDI in trading including through e-commerce, in respect of food products manufactured and / or produced in India.
  • Setting up a Special Fund of Rs. 2000 crore in NABARD to make available affordable credit at concessional rate of interest to designated food parks and agro processing units in the designated food parks.
  • Food and agro–based processing units and cold chain infrastructure have been brought under the ambit of Priority Sector Lending (PSL).

Read More Articles Here

Questions Related to SAMPADA Scheme:

1. Who is the Minister of Food Processing?
Answer: Harsimrat Kaur Badal
2. Who launched the Scheme?
Answer: Shri. Narendra Modi
3. How much money is allocated for SAMPADA Scheme?
Answer: Rs.6000 crore
4. How much amount is alloted from NABARD for SAMPADA Scheme?
Answer: Rs.2000 crore
5. How many Mega Food Parks and Integrated Cold Chains are Approved under this Project?
Answer: 42 Mega Food Parks and 236 Integrated Cold Chains

Thank you!!!
Keep Visiting!!!