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New PLI scheme to benefit food processing and other sectors

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25 November 2020, New Delhi, IN: Union Minister for Food Processing Industries, Mr. Narendra Singh Tomar held meeting with key stakeholders of food processing sector through video conference today.

Also Read: Food Processing Projects worth Rs 234.68 Crores approved under IMAC

Mr. Tomar said that the Government aims to take the food processing facilities to far off regions of the country.He urged the industry representatives to support the Government in this initiative. Further, Union Cabinet held consultation with industry leaders for making detailed guidelines of the Product Linked incentive (PLI) scheme. This scheme will help in enhancing manufacturing capability and exports from the country.

Mr. Tomar said that suggestions of industry leaders would be examined and necessary action would be taken. Mr. Rameswar Teli said that demand for frozen food, super foods, ready to eat foods demand has increased during Covid-19 and we have to assess the new opportunities and move forward accordingly. Mr. Teli added that PM FME scheme of MoFPI under Aatmanirbhar Bharat, aims to bring micro enterprises into mainstream. Under this scheme, in next five years, 2 lakh beneficiaries would be given support to upgrade their businesses. 

Secretary, MoFPI said that food processing sector has been identified as champion sector. She added that in the wake of Covid-19 there is great demand for health foods and the Ministry is adopting an approach to facilitate the industry to seize the opportunity.

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