36 projects under Mega Food Parks and Integrated Cold Chain Units accorded Final Approval

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Capital Market
Last Updated : Dec 18 2017 | 2:31 PM IST
Government has sanctioned 42 Mega Food Parks (MFPs) to be set up in the country under Mega Food Park Scheme. Out of these, 36 projects have been accorded Final Approval and another 2 projects have been accorded In-Principle Approval. 9 Mega Food Parks have become functional. The project wise details is at Annexure.

Ministry of Food Processing Industries is implementing the Central Sector Scheme of Integrated Cold Chain and Value Addition Infrastructure with the objective of arresting post-harvest losses of horticulture & non-horticulture produce and providing remunerative price to farmers for their produce. Under the scheme, Ministry provides financial assistance in the form of grant-in-aid @ 35% for general areas and @ 50% for North East States, Himalayan States, ITDP areas and Islands for storage and transport infrastructure and @ 50% and 75% respectively for value addition and processing infrastructure subject to a maximum grant-in-aid of Rs. 10 crore for setting up integrated cold chain projects including irradiation facility without any break from the farm gate to the consumer. The integrated cold chain and preservation infrastructure can be set up by individuals, groups of entrepreneurs, cooperative societies, Self Help Groups (SHGs), Farmer Producer Organizations (FPOs), NGOs, Central/State PSUs, etc. The scheme is primarily private sector driven and proposals under this scheme are invited through Expression of Interest (EOI). The scheme is available in rural & urban areas in all States/UTs. State wise funds are not allotted under the scheme for Integrated Cold Chain and Value Addition Infrastructure. The Ministry is presently assisting 228 Integrated Cold Chain projects under the scheme. Details of funds allocated under the scheme for Integrated Cold Chain and Value Addition Infrastructure during current fiscal year is (Rs crore): -

Year 2017-18:

BE: 180

RE: 198.39

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First Published: Dec 18 2017 | 2:10 PM IST

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