Nov 30, 2020
While holding a meeting with the key stakeholders of the food processing industry, Food Processing Minister Narendra Singh Tomar informed that the government is planning to build processing facilities in far-off regions of India and needs the food industry’s help for it.
The minister held a consultation with industry leaders for making detailed guidelines for Product Linked incentive (PLI) scheme, which will help in enhancing manufacturing capability and exports from the country. The suggestions of industry leaders would be examined and necessary action would be taken
While the whole nation was closed during the lockdown, relaxations were given by the government so that food processing sector, pesticides industry, seed industry, and rural economy as a whole continued to function smoothly. And hence agri and food sector ended being the highest contributors to India’s GDP
The government has intensely recognized that for ”Atmanirbhar Bharat”, processing of local products needs to be focused upon. And it has become vital to increase food production and income of farmers. And the Prime Minister has propelled Rs 1 lakh crore Agriculture Infrastructure Fund (AIF) for this.
Demand for frozen food, superfoods, ready-to-eat foods have increased during COVID-19, showing the capability of the processing industry.