- An Inter-Ministerial Approval Committee (IMAC) meeting has acceded to 21 projects, leveraging investment worth Rs. 443 crores
- This is backed by a grant of 189 crores, under the Scheme for Integrated Cold Chain and Value Addition
- These projects are spread across 10 states of India- Andhra, Gujarat, HP, J&K, Kerala, Nagaland, Punjab, Telangana, UK and UP
THoD Newsdesk, New Delhi: Led by Narendra Singh Tomar, Union Minister for Food Processing Industries, an Inter-Ministerial Approval Committee (IMAC) meeting has acceded to 21 projects, leveraging investment worth Rs. 443 crores. This is backed by a grant of 189 crores, under the Scheme for Integrated Cold Chain and Value Addition. 8 projects leveraging investment worth 62 crores with grants of 15 crores under the BFL Scheme, were approved in another meeting chaired by Union FPI Minister. The meeting was also attended by Rameswar Teli, MoS, FPI.
Tomar stated that these financially-heavy ventures would benefit farmers and consumers and he further requested the officers to speed up the execution of the approved projects. Approximately 21 projects are probably going to generate employment for nearly 12,600 people and benefit 200,592 farmers. These projects are spread across 10 states of India- Andhra, Gujarat, HP, J&K, Kerala, Nagaland, Punjab, Telangana, UK and UP. The Scheme for Integrated Cold Chain and Value Addition infrastructure aims at curbing post-harvest losses of horticulture and non-horticulture produce and also looks to provide remuneration to farmers.
In another meeting, around 8 projects have been approved and these are likely to generate employment for nearly 2,500 people. The objective of the scheme is to provide effective backward and forward integration for the processed food industry, by bridging the gaps in the supply chain, in terms of the availability of raw materials and linkages with the market.
