The food processing business in India has not expanded at the same rate as other developed nations.” Talk about it. (125 Words) [UPPSC 2020]
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Growth of Indian Food Processing Industry
Current Status: The Indian food processing industry is a significant sector but has not grown at the pace seen in developed countries. It contributes around 10% to the country’s GDP and employs 13 million people, yet lags in efficiency and technological advancement.
Challenges:
Recent Developments: The Pradhan Mantri Kisan Sampada Yojana (PMKSY) aims to boost infrastructure and modernize the sector. Additionally, the Food Processing Mission seeks to enhance food safety standards and promote value addition.
In conclusion, while the Indian food processing industry has potential, it faces challenges that must be addressed to align with global growth rates.