Earlier, the permission to set up a mega food park was denied because the district was declared a 'dark zone' because of slow desertification and over-exploitation of water due to cash crops, the minister said in a statement.
"Since this would be a maize-based mega food park, (it) will promote crop diversification and water conservation," Badal said.
Special efforts been made to get the necessary approval from the Ministry of Water Resources, River Development and Ganga Rejuvenation, she added.
Badal said that the project will leverage an additional investment of about Rs 250 crore in 25-30 food processing units in the park and generate turnover of Rs 450-500 crore annually. The park will provide direct and indirect employment to 5,000 persons and benefit about 25,000 farmers.
Set up in an area of 55 acres, the first maize-based park is being built with an investment of Rs 123.7 crore with a grant of Rs 50 crore by Union Food Processing Industries Ministry for multipurpose cold storage of 3,000 metric tonnes, Individually Quick Frozen (IQF) and Deep Freezer 1 metric tonne/hour capacity, sorting and grading yard of 2,000 sqm and Food Testing Lab.
Badal also mentioned that there is an urgent need to turn to maize and the government would relentlessly work to make maize as the third viable staple crop of Punjab after wheat and rice.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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
