Badal announces financial assistance for 85 projects
Twenty-seven projects were approved by the Inter-Ministerial Approval Committee (IMAC) meetings under the Scheme for Integrated Cold Chain and Value addition and 85 Cold Chain Projects have been considered for financial assistance across India.
This was announced by Harsimrat Kaur Badal, Minister of Food Processing Industries through videoconference on 1 Sept 2020.
These are the Government’s efforts towards bridging the gap in supply chain and building world-class cold chain infrastructure through the Scheme of Cold Chain, Value Addition & Preservation Infrastructure of Pradhan Mantri Kisan Sampada Yojana.
The projects have been approved across the states of Andhra Pradesh (7), Bihar (1), Gujarat (2), Haryana (4), Karnataka (3), Kerala (1), MP (1), Punjab (1), Rajasthan (2), Tamil Nadu (4) and Uttar Pradesh (1).
These 27 new integrated cold chain projects will leverage a total investment of Rs.743 crores for the creation of modern, innovative infrastructure and effective cold chain facilities for the food processing sector across the nation.
These projects with a grant-in-aid of Rs.208 crores will help increase efficiency and sustainability in India’s food supply chain.
Saving the perishable produce, by provisioning adequate infrastructure, shall not only help in augmenting farmer’s incomes but it shall also act as a small step towards making India AtmaNirbhar/self-reliant in the fruits and vegetable sector, said Badal.
She further said that these Integrated Cold Chain projects will not only provide a big boost to the growth of food processing infrastructure but would also help in streamlining the agricultural supply chain, generate direct and indirect employment opportunities in rural areas, provide better prices to farmers, end-users, and benefit allied sectors.
She added that these benefits are vital for the economic security of farmers.
The Ministry of Food Processing Industries is striving to establish an integrated and seamless network of strong Cold Chain Grid and infrastructure for the uninterrupted transfer of perishables from production to consumption areas and centers.
This would maintain the safety, quality, and quantity and storage of perishable produce such as fruits and vegetables, dairy products, meat, fish marine, poultry, ready to eat food products, said Badal.
Under the Central Sector Scheme of Integrated Cold Chain and Value Addition Infrastructure, the Ministry provides financial assistance in the form of grant-in-aid at the rate of 35% for general areas and the rate of 50% for North-Eastern States, Himalayan States, ITDP Areas, and Islands for storage and transport infrastructure.
The assistance at 50% and 75%, respectively, are also given for value addition and processing infrastructure subject to a maximum grant-in-aid of Rs.10 crores per project for setting up integrated cold chain projects, including irradiation facility from the farm gate to the consumer.
The Food Processing Industry has the potential to absorb the excess farm produce thereby benefiting the farmers and at the same time, convert the harvest into a value-added processed product that can meet the domestic as well as the global demand.
The meetings of the Inter-Ministerial Approval Committee (IMAC) to sanction the above projects were held on 21, 24, 28 and 31 August 2020. #projects #tenders #manufacturing #food #Agriculture #farmers /fiinews.com
