Mega food parks to provide state of the art infra for food processing units
Updated: Sep 05, 2014 04:07:01pm
New Delhi, Sept 5 (KNN) The Ministry of Food Processing Industries (MOFPI) has launched an infrastructure development scheme of mega food parks to provide state of the art infrastructure for food processing in the country and to provide a mechanism for producers, processors and retailers to work together to build the supply chain for enhanced value additions.
The scheme will enable fresh investments into the food processing sector, increased realisation for farmers and employment generation, according to official data.
Each of the mega food parks will have a central processing centre (CPC) where food processing units would be established and supported by common infrastructure and farm level facilities in the form of collection centres and primary processing centres and other need based infrastructure.
To ensure that requisite volume of raw materials such fruits and vegetables are available, the mega food parks will be set up in high potential zones.
A project specific special purpose vehicle (SPV), a registered company, promoted by a group of stakeholders including financial institutions/banks, retailers, processors, producers and others will be responsible for establishment, ownership, operation and maintenance of each of the mega food parks.
The SPV will be eligible to receive one time capital grand support from the government, to the extent of 50 per cent of the project cost, excluding the land component, in general areas and 75 per cent in difficult areas with a maximum of Rs 50 crore per project.
In this context, the MOFPI will be appointing a program management agency (PMA)to implement the mega food park projects.
The PMA will assist the Ministry in organising workshops, media campaigns, awareness programmes, evaluation, reporting, maintaining database and undertaking measures for improvement of the Scheme and implementation. (KNN/ES)
The scheme will enable fresh investments into the food processing sector, increased realisation for farmers and employment generation, according to official data.
Each of the mega food parks will have a central processing centre (CPC) where food processing units would be established and supported by common infrastructure and farm level facilities in the form of collection centres and primary processing centres and other need based infrastructure.
To ensure that requisite volume of raw materials such fruits and vegetables are available, the mega food parks will be set up in high potential zones.
A project specific special purpose vehicle (SPV), a registered company, promoted by a group of stakeholders including financial institutions/banks, retailers, processors, producers and others will be responsible for establishment, ownership, operation and maintenance of each of the mega food parks.
The SPV will be eligible to receive one time capital grand support from the government, to the extent of 50 per cent of the project cost, excluding the land component, in general areas and 75 per cent in difficult areas with a maximum of Rs 50 crore per project.
In this context, the MOFPI will be appointing a program management agency (PMA)to implement the mega food park projects.
The PMA will assist the Ministry in organising workshops, media campaigns, awareness programmes, evaluation, reporting, maintaining database and undertaking measures for improvement of the Scheme and implementation. (KNN/ES)
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