Cabinet Clears ₹1,920 Crore Boost for PMKSY Scheme

Quick Summary

• The Union Cabinet raised the budget allocation for the Pradhan Mantri Kisan Sampada Yojana (PMKSY) by ₹1,920 crore to ₹6,520 crore on July 31, 2025.
• The funds will support initiatives such as establishing 50 multi-product food irradiation units and 100 food testing labs.
• This fiscal year’s enhanced allocation aims to boost India’s food processing sector under PMKSY,which was initially launched in 2017.
• PMKSY received an earlier extension till the end of FY 2025-26 with a prior allocation of ₹4,600 crore; the revised amount is now part of executing this year’s budget announcement.
• Information Broadcasting Minister Ashwini Vaishnaw confirmed these decisions during a press briefing.

Indian Opinion Analysis

The increased funding for PMKSY reflects India’s commitment to strengthening its food processing infrastructure-a vital area for agricultural growth and export competitiveness. Developing irradiation units and testing labs could substantially enhance product quality and safety standards while supporting farmer incomes through better post-harvest management. With over ₹6,520 crore allocated this fiscal year alone,the initiative underscores recognition of value addition in agriculture to drive economic gains. Neutral observers may note that its effective implementation could have long-term implications for rural development and global trade positioning for Indian-made processed foods.

Read more: The Hindu Article