Krishi VaartaDainik Bhaskar
Central Government to Grant 50 Crores Subsidy to Food Park
Under the' Prime Minister Kisan Samada' scheme, the Central Government has announced the establishment of Mega Food Park in 17 States. For those who set up food parks in these countries, there will be a subsidy of 50 crores. Food Processing Industries Ministry has published an advertisement and has sought application. According to the publication, proposals from all the territories of the Union, including Goa, Manipur, Meghalaya, Sikkim and Tamil Nadu, will be considered. Proposals for the establishment of mega-food parks in Bihar, Jharkhand, Rajasthan, Chhattisgarh, Mizoram, and Tripura may be submitted if there is no such proposal. The application may be submitted until 9 February, 2019, in the Mega Food Park.
The centre provides the subsidy in this scheme. As a result, 50% of the total cost is subsidized, which can be up to 50 crore rupees maximum. If the project cost is 100 crores, the government will provide a subsidy of 50 crores.
Mega Food Park aims to bring together farmers, processors, and retailers to create a system for connecting agricultural products to the market. Its objective is to increase the prices of agricultural products, reduce the waste of foodstuffs, increase farmers ' incomes, and create jobs in rural areas. In this context, agricultural or horticultural zones, in which the modern food processing unit, the supply chain and the cold chain are better, are to be produced.
Source - Dainik Bhaskar, 24 December, 2018