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Schemes of cold chain, value addition & preservation infra provides up to Rs 10 cr assistance to entrepreneurs

Updated: May 19, 2015 12:09:02pm
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New Delhi, May 19 (KNN) The Ministry of Food Processing Industries is focusing on boosting the food processing sector such as supply chain infrastructure so that agriculture sector grows exponentially.

“To address the challenges of insufficient infrastructure leading to huge wastage, undue advantage to middlemen at the cost of farmers remuneration, the government’s focus is on compressing supply chains and to make them consistent, quicker and efficient for supply of farm produce for food processing,” stated Minister of Food Processing Industries, Harsimrat Kaur Badal here on Monday.

She said the government is also focusing on creating a cold chain Infrastructure to link the farmer to the consumer seamlessly and creating a cold chain grid in the entire country.

“The ministry has identified creation of modern infrastructure for food processing as a focus area and encouraging private investment. Sanctioning of 17 new mega food parks and 30 cold chain projects will attract total investment of about Rs 3,077 crore in the creation of infrastructure in food processing sector,” said Badal.

The minister further informed that the scheme of cold chain, value addition and preservation infrastructure provides financial assistance up to Rs 10 crore for entrepreneurs. A total of 138 integrated cold chain projects were approved by the Government, out of which 108 projects are under the implementation by the ministry. Of these, 52 projects have already achieved completion and commenced commercial operation.

To boost the creation of infrastructure for food processing, the ministry has, in the last one year, inaugurated two mega food parks - one in Karnataka and another in Fazilka in Punjab. Three more mega food parks are to be inaugurated shortly in West Bengal, Madhya Pradesh and Assam.

The ministry is working with the industry for imparting industry relevant skill training including development of course content in identified sectors of food processing. The investor-friendly Investor’s Portal has all the required information available online, she said.

Badal expressed her confidence that these measures taken up by the government will create modern infrastructure for arresting post-harvest losses of horti and non-horti produces and provide impetus to the growth of this sector.

The timely completion of these integrated cold chain and mega food park projects will not only provide a big boost to the growth of food processing infrastructure in the concerned states but also help in providing better price to famers, reduce wastage of perishables, add value to the agricultural produce and create huge employment opportunities especially in rural areas. These will lead to the stabilization of food products prices and contain inflation in the country, she added. (KNN/ST)

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