Food processing sector to get a boost as govt approves SAMPADA

IIFL

4th May 2017

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).

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.

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