Centre Achieves Capacity To Reduce Food Wastage @Rs 9000 Crores Yearly

[New Delhi]Centre Achieves Capacity To Reduce Food Wastage Rs@9000 Crores Yearly
Giving Two Years Report Card Of Her Ministry Smt. Harsimrat Kaur Badal Says ,Ministry of Food Processing Industries Will Reduce Wastage Of Eatables @ Rs 9200 Croes Every Year .She Highlighted Projects Of Swadeshi+Sampada.
Union Minister of Food Processing Industries Smt. Harsimrat Kaur Badal along with MoS Food Processing Industries Sadhvi Niranjan Jyoti held an interactive session with media and highlighted various initiatives of the Government. Minister said that one of the major achievements in regard to transforming Food Economy through Food Processing has been creation of huge 32 Lakh MT Capacity worth Rs.9000 crores within two years which shall reduce wastage by 10% per annum i.e. Rs.9200 crores every year.
India has started moving toward Zero Tolerance of Food Wastages. Emphasizing the need to adopt Zero Tolerance on food wastages by all departments connected to food, Smt. Badal said that initiatives of MoFPI have now started bearing fruits and her target is to bring down the food wastages to zero level.
She highlighted the way she piloted the 100% FDI (Foreign Direct Investment) into Multi Brand Retail of Swadeshi Food produced and manufactured in India as one of the major steps along with the creation of huge capacity by way of 37 Mega Food Parks and 134 Cold Chain projects.
Further, Minister also announced that Ministry shall be announcing 100 Cold Chain Projects and a SAMPADA scheme focusing on seamless agri cluster development in the current year that shall take food processing industries to the next level.
Government has sanctioned 37 Mega Food Parks out of which 8 have been operationalized (6 in 2 years of NDA tenure vs 2 in 10 years of UPA tenure).
Out of 134 Cold Chain Projects sanctioned 81 have been completed (44 in 2 years of NDA tenure vs. 37 during UPA tenure). Through Cold Chains alone, we have added a capacity of 1.28 Lakh Metric ton of Cold Storages/CA/MA, 53.05 MT per hour of Individual Quick Freeze (IQF), 19 lakh litres per day of Milk Processing and 240 Reefer vans, said the Hon’ble Minister.
A Special Fund of Rs.2000 crores has been set up in NABARD to make available affordable credit to agro processing units in the designated food parks.
Minister also announced that the Ministry shall be launching a Mobile App to provide ONE STOP information to farmers/ entrepreneurs to provide necessary skill set to them for setting up food processing units.
Briefing about tax incentives Minister said that in last two years, Excise Duty on machinery for processing has been reduced from 10% to 6%.
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