A sum of Rs. 5,990 crore has been allocated under various schemes of the Food Processing Industries ministry for promotion and development of the food processing sector. The sector has high potential for employment generation and optimal utilisation of perishable farm produce such as vegetables and fruits.
Infrastructure development activities, including setting up of mega food parks, integrated cold chains and abattoirs, gets Rs. 2,800 crore. The National Mission on Food Procession, launched in this Plan itself, gets Rs. 1,850 crore. The rest, Rs. 1,340 crore, will be spent on other activities such as strengthening of institutions, quality assurance and standardisation, technology upgradation and human resource development in the sector.
In the current year (2013-14), Rs. 708 crore has been allocated, out of which Rs. 247 crore will go towards infrastructure development.
Powered by Capital Market - Live News
