"I want these 42 mega food parks become operational by 2019 and we are working on the same as this will benefit about 12.5 lakh farmers. At the same time, these parks are expected to generate about 3-4 lakh jobs also," Badal told PTI.
Under the scheme (2008-09) of mega food parks, the Ministry had sanctioned 42 projects throughout the country. Of these, 17 parks were allotted in March this year to state governments and private firms, including Adani Ports & SEZ.
Badal added that it's estimated that these food parks would entail an investment of more than Rs 14,000 crore, including the Rs 50 crore subsidy the government provides for each park.
She said three mega food parks became operational after she assumed office whereas "only two started in the previous government's complete tenure".
"My focus is on perishables, especially fruits and vegetables, as their processing in the country is as low as two per cent. I am optimistic that in the next four years, it will improve substantially, benefiting all stakeholders, including farmers, consumers and the industry," Badal added.
It aims at facilitating the establishment of a strong food processing industry backed by an efficient supply chain, which includes collection centres, a central processing centre (CPC) and cold chain infrastructure.
The scheme envisages one-time capital grant of 50 per cent of the project cost excluding land cost subject to a maximum of Rs 50 crore in general areas, and 75 per cent of the project cost, excluding land cost too, subject to a ceiling of Rs 50 crore in difficult and hilly areas, including the North -East and J&K.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
