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Friday, November 22, 2024

Proposals of M/o Food Processing Industries with total project cost of Rs. 363.4 Cr approved

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Union Minister of Food Processing industries Shri Narendra Singh Tomar chaired two Inter-Ministerial Approval Committee (IMAC) meetings through video conference yesterday to consider the proposals 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). Minister of State, Sh. Rameshwar Teli was also present in the meeting. The promoters of the projects also participated in the meeting through Video Conference.

The proposals for projects approved in the IMAC meetings are expected to increase the level of processing and value addition of horticultural / agricultural produce, which will result in increase in the income of the farmers and create employment at the local level.

The details of proposals approved in the meetings are as follows:

Under CEFPPC:

11 proposals with total project cost of Rs. 113.08 Cr including grants-in-aid of Rs. 36.30 Cr in the States of Himachal Pradesh, Manipur, Arunachal Pradesh, Maharashtra, West Bengal, Karnataka, Mizoram & Gujarat.
These projects will leverage private investment of Rs. 76.78 Cr and are expected to generate employment to 3700 persons & benefit 6800 farmers.

The Scheme was approved on 05.05.2017 under PMKSY to promote processing / preservation of agro food products and modernization / capacity enhancement of food processing. This will help in increasing the level of processing and value addition thereby reducing the wastage of agro-produce.

Under Creation of Infrastructure for APC:

9 proposals with total project cost of Rs. 250.32 Cr. including grants-in-aid of Rs. 66.61 Cr in the States of Madhya Pradesh, Andhra Pradesh, Karnataka, Maharashtra, Arunachal Pradesh, Assam, and Rajasthan.

These projects will leverage private investment of Rs. 183.71 Cr and are expected to generate employment to 8260 persons & benefit 36000 farmers.

The scheme for Creation of Infrastructure for APC was approved on 03.05.2017 under PMKSY for encouraging entrepreneurs to set up food processing units based on cluster approach.

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