Name a scheme that provides financial assistance for the development of cold storage facilities.

cold storage facilities

The “Pradhan Mantri Kisan SAMPADA Yojana” (PMKSY) is one program that offers financial support for the construction of cold storage facilities in India. The Government of India introduced the PMKSY, a comprehensive program, to assist the growth of the food processing industry, including the building of cold chain infrastructure.

The financial support provided under PMKSY for the construction of cold storage facilities includes a number of different features, such as:

Capital Investment Subsidy: The program offers qualifying applicants a capital investment subsidy for the construction of new cold storage facilitie or the extension or upgrading of existing ones. The project cost and other predetermined criteria are used to determine the subsidy amount.

Technical Assistance and Training: To ensure the efficient planning, design, and operation of cold storage facilitie, PMKSY provides technical assistance and training to the beneficiaries. This assistance aids in maintaining the quality of the perishable produce that is stored while also maximizing the use of the infrastructure.

Quality Certification and Standards: The program makes it easier for cold storage facilities to accept quality certification and standards.