Centre approves 20 food processing units under two schemes
WAREHOUSING & LOGISTICS

Centre approves 20 food processing units under two schemes

The Ministry of Food Processing Industries (MoPFI) has cleared 20 projects worth Rs 363.4 crore under two central government schemes.

The Inter-Ministerial Approval Committee (IMAC) chaired by the Food Processing Industries Minister Narendra Singh Tomar gave its nod for the projects. The proposed projects have been approved under the Scheme for Creation of Infrastructure for Agro-Processing Cluster (APC), and the scheme for Creation and Expansion of Food Processing and Preservation Capacities (CEFPPC) under the Pradhan Mantri Kisan Sampada Yojana (PMKSY), which was approved in May 2017.


Make in Steel 2021

24 February 

Click for event info


4th Indian Cement Review Conference 2021

17-18 March 

Click for event info


Under the CEFPPC, the ministry said 11 proposals with a project cost of Rs 113.08 crore including grants-in-aid of Rs 36.30 crore have been cleared. The government will provide a grant-in-aid of Rs 102.91 crore for these projects.

The approved projects will come up in West Bengal, Himachal Pradesh, Manipur, Arunachal Pradesh, Maharashtra, Karnataka, Mizoram and Gujarat.

Whereas under the creation of infrastructure for APC, nine proposals with a total project cost of Rs 250.32 crore including grants-in-aid of Rs 66.61 crore have been cleared for Andhra Pradesh, Madhya Pradesh, Karnataka, Maharashtra, Arunachal Pradesh, Rajasthan, and Assam.

The ministry said the 20 proposed projects are expected to increase the processing level and value addition of agricultural and horticultural produce.

Image: A strengthened supply chain infrastructure for consumables has been a longstanding need in India.


Also read: Centre approves grant for 28 food processing projects

The Ministry of Food Processing Industries (MoPFI) has cleared 20 projects worth Rs 363.4 crore under two central government schemes. The Inter-Ministerial Approval Committee (IMAC) chaired by the Food Processing Industries Minister Narendra Singh Tomar gave its nod for the projects. The proposed projects have been approved under the Scheme for Creation of Infrastructure for Agro-Processing Cluster (APC), and the scheme for Creation and Expansion of Food Processing and Preservation Capacities (CEFPPC) under the Pradhan Mantri Kisan Sampada Yojana (PMKSY), which was approved in May 2017.Make in Steel 202124 February Click for event info4th Indian Cement Review Conference 202117-18 March Click for event infoUnder the CEFPPC, the ministry said 11 proposals with a project cost of Rs 113.08 crore including grants-in-aid of Rs 36.30 crore have been cleared. The government will provide a grant-in-aid of Rs 102.91 crore for these projects.The approved projects will come up in West Bengal, Himachal Pradesh, Manipur, Arunachal Pradesh, Maharashtra, Karnataka, Mizoram and Gujarat. Whereas under the creation of infrastructure for APC, nine proposals with a total project cost of Rs 250.32 crore including grants-in-aid of Rs 66.61 crore have been cleared for Andhra Pradesh, Madhya Pradesh, Karnataka, Maharashtra, Arunachal Pradesh, Rajasthan, and Assam. The ministry said the 20 proposed projects are expected to increase the processing level and value addition of agricultural and horticultural produce. Image: A strengthened supply chain infrastructure for consumables has been a longstanding need in India.Also read: Centre approves grant for 28 food processing projects

Next Story
Real Estate

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Next Story
Real Estate

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Next Story
Infrastructure Urban

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement