Allocation of Rs.2000 Crore to Food Processing Industries to Give A Big Boost to the Sector

Food Processing Minister, Smt. Harsimrat Kaur Badal has welcomed the allocation of Rs. 2000 crore for Food Processing. She has been pitching for linking food processing industries to the credit given by NABARD and this is being seen as a quantum step in the right direction. Smt. Harsimrat Kaur Badal exuded confidence that this allocation shall give a big boost to food processing industries in the country.

During his reply on the discussions on the General Budget in the Parliament, the Finance Minister Shri Arun Jaitley had announced an allocation of Rs.2000 crores as a separate NABARD fund for food processing industries.

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