The Ministry of Food Processing Industries is implementing a number of Central Sector Schemes for promotion and development of food processing sector in the country since 12th Plan. The major highlights are:
Government has allowed 100% FDI for trading including through Ecommerce
in respect of food products manufactured or produced in
100% FDI is already permitted in manufacturing of food products
through Automatic Route.
Reduction in Excise Duty on Refrigerated Containers from 12.5% to
Reduction in Basic Custom Duty on Refrigerated Containers from 10% to 5%
Foundation Stone of Punjab Agro Industries Corporation (PAIC) Mega Food Park Project in
Ludhiana was laid. Total 8 Mega Food Parks have been made operational so far.
20 projects have been operationalised in 2016. With their operationalisation from which
Ministry has created an additional capacity of 0.63 lakh MTs of cold storage, 15 Mts
per hour of individual Quick Freezing (IQF) & 0.65 lakh Ltrs per day of Milk of processing/
storage and 99 reefer vans during 2016
NABARD has sanctioned term loan of Rs. 427.69 Crore to 10 Mega Food Park projects and 2
processing units under âFood Processing Fundâ of Rs. 2000 Crore and out of this an amount of
Rs. 81.10 Crore has been disbursed. The Ministry has notified 157 designated fooo parks in
different States for the purpose of availing affordable credit from special fund with
The National Institute of Food Technology, Entrepreneurship and Management (NIFTEM) at
Kundli, Sonepat, Haryana and Indian Institute of Crop Processing Technology (IICPT) at
Thanjavur, Tamil Nadu are being developed by Govt. as the Centers of Excellence.
The Ministry is also taking steps to implement a new scheme namely Scheme for Agro-Marine
produce Processing and Development of Agro-clusters (SAMPADA) for overall development of
food processing sector, for providing enabling infrastructure, expanding processing and
preservation capacities, controlled temperature logistics and backward and forward linkages,
with an allocation of Rs.6000 Crore for a period co-terminus with 14th Finance Commission..