Home India 28 food processing units approved at a cost of Rs 320 crores

28 food processing units approved at a cost of Rs 320 crores

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New Delhi, 21 November (Sanmarg) The government has approved 28 food processing units with a project cost of Rs 320.33 crore.
These projects approved in ten states will provide employment to more than 10 thousand people. These include six projects in Northeast India.

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The food processing units were approved in a meeting chaired by Union Food Processing Industries Minister Narendra Singh Tomar on Saturday. Union Minister of State for Food Processing Industries Rameshwar Teli was also present in the meeting. The promoters of the projects also participated in the video conference. The Food Processing and Preservation Capacity Building / Extension Scheme was approved on 3 May 2017 under the Pradhan Mantri Kisan Sampada Yojana for setting up food processing units. The main objective of the scheme is to build processing and preservation capabilities and to modernize / expand the existing food processing units, which will increase the level of processing, add value and reduce grain wastage.
The Inter-Ministerial Approval Committee approved 28 food processing units in Madhya Pradesh, Uttar Pradesh, Gujarat, Maharashtra, Jammu and Kashmir, Karnataka, Tamil Nadu, Uttarakhand, Assam and Manipur with a total project cost of Rs 320.33 crore, including 107.42 crore. Rs Funding assistance is also included. These projects will be executed with a private investment of Rs 212.91 crore, in which about 10,500 persons will be employed. In addition, their food processing capacity will be 1,237 tonnes per day. 48.87 crores under the unit scheme in these projects. There are also six projects with a total cost of Rs. 20.35 crore and a grant which will prove to be helpful in the development of food processing in Northeast India. It will also create direct and indirect employment for the people there.
Arun Asha
Sunrise

Source: Univarta.

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