Analyze the Indian government’s plans for promoting the food processing industry and allied sectors. (125 Words) [UPPSC 2023]
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Promotion of Food Processing in India
The Government of India has implemented several policies to enhance the food processing sector, recognizing its potential for boosting the economy and ensuring food security.
1. National Food Processing Policy: Launched to increase the share of the food processing in GDP and promote investments. The aim is to improve storage, logistics, and reduce wastage.
2. Pradhan Mantri Kisan Samman Nidhi (PM-KISAN): This scheme offers financial assistance to farmers, encouraging the production of quality raw materials for processing industries. Recent data shows a rise in farmer income, enhancing supply chains.
3. Production Linked Incentive (PLI) Scheme: Introduced to incentivize manufacturing in processed foods. Companies like Hindustan Unilever and Britannia Industries are ramping up investment in this regard.
4. Atmanirbhar Bharat: Promotes self-reliance in food production, leading to increased investment in food processing technologies.
These initiatives have led to significant growth in the sector, creating employment and reducing food wastage.