New Delhi (NVI): Giving renewed push to the drive for doubling farmers income by 2022, Government has approved projects worth Rs 271 crore related to food processing, which will create direct employment of about 9,000.
The projects were approved at an Inter-Ministerial Approval Committee (IMAC) meeting under the chairmanship of Minister of Food Processing Industries Smt Harsimrat Kaur Badal here recently. The projects fall under the Creation/Expansion of Food Processing & Preservation Capacities (CEFPPC) scheme.
The CEFPPC projects cover over 100 agro-climatic zones in the country.
While clearing the new projects worth Rs 270 crore, Smt Badal laid focus on rural areas and generating direct employment. The projects would create direct employment of about 9 thousand and would emphasize on linking agriculture and marketing with modern food processing technologies.
Besides this, the Ministry is also implementing the PM Krishi Sampada Yojna with a total outlay of Rs 6,000 crore wherein capital subsidy in the form of grants-in-aid ranging from 35 per cent to 75 per cent of the eligible project cost is being provided to investors. This is being done to undertake infrastructure and logistic projects besides setting up of food processing units in the country.
