Thursday, July 24, 2014
The Government has launched a scheme for technology up-gradation and establishment and modernizationof food processing industries across the country in order to minimize wastage of perishable fruits and vegetables.
The National Mission of Food Processing will be implemented during the 12th Plan period to set up primary processing centers, collection centers besides technology up-gradation, establishment and modernization of such industries.
Under technology up-gradation scheme, grant-in-aid has been sanctioned by the Ministry to 3438 units in 11th Plan and 2509 units in 12th Plan for setting up and modernization of food processing industries.
The government has decided to review the policy to set up Mega Food Parks as out of the 40 such Parks sanctioned, only 22 are in process while proposals of 14 applicants were rejected.
Source: Indian Brokers Association