India approves 363 cr projects in food processing
22 February 2021
The Indian government has approved projects worth Rs 363.4 crore in the food processing space. The nod was given by the Inter-Ministerial Approval Committee chaired by the Union Minister of Food Processing Narendra Singh Tomar.
The proposals were received under the scheme for creation for infrastructure for Agro-Processing Cluster (APC) and the scheme for Creation/ Expansion of Food Processing and Preservation Capacities (CEFPPC) under Pradhan Mantri Kisan Sampada Yojana (PMKSY), the official statement added.
Eleven proposals under the CEFPPC scheme, with a total project cost of Rs 113.08 crore including grants-in-aid of Rs 36.30 crore in the states of Himachal Pradesh, Manipur, Arunachal Pradesh, Maharashtra, West Bengal, Karnataka, Mizoram & Gujarat have been approved. “These projects will leverage private investment of Rs 76.78 crore and are expected to generate employment to 3700 persons & benefit 6800 farmers,” the statement added.
Meanwhile, nine proposals with a total project cost of Rs 250.32 crore. including grants-in-aid of Rs 66.61 crore in the States of Madhya Pradesh, Andhra Pradesh, Karnataka, Maharashtra, Arunachal Pradesh, Assam, and Rajasthan have also been approved. “These projects will leverage private investment of Rs 183.71 crore and are expected to generate employment to 8,260 persons & benefit 36,000 farmers,” the Ministry stated.