Overview :
The food processing sector plays a critical role in adding value to agricultural produce, reducing post-harvest losses, and enhancing food security in India. To incentivize investments and growth in this sector, the government offers various food processing subsidies to stakeholders across the value chain.
Types of Subsidies:
Pradhan Mantri Kisan SAMPADA Yojana (PMKSY): A flagship program aimed at strengthening the food processing infrastructure and promoting value addition across the sector.
Mega Food Park Scheme: Supports the development of large food processing parks with integrated infrastructure facilities.
Scheme for Integrated Cold Chain and Value Addition Infrastructure: Provides financial assistance for setting up cold storage facilities and processing units to reduce post-harvest losses and enhance value addition.
Production Linked Incentive Scheme for Food Processing Industry (PLISFPI): Incentivizes the manufacturing of specific food product categories to boost the sector's growth and competitiveness.
