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The food processing sector has emerged as an important segment of the Indian economy in terms of its contribution to GDP, employment and investment. During 2014-15, the sector constituted as much as 9.0 per cent and 10.1 per cent of GDP in Manufacturing and Agriculture sector, respectively. Food Processing Industries sector has grown at 7.1 per cent during this period. The Ministry of Food Processing Industries is implementing various schemes for providing impetus to the development of food processing sector. The Ministry has been implementing schemes for infrastructure development having components of Mega Food Parks; Cold Chain and Abattoirs. The milestones achieved in implementation of the schemes during 2015 are as under:
MEGA FOOD PARKS
Food Processing Fund at NABARD
Cold Chain Scheme
Modernisation/ Setting up of Abattoirs
Food Testing Laboratories
Technology Up gradation Scheme
NIFTEM
National Institute of Food Technology, Entrepreneurship and Management (NIFTEM) located at Kundli, Haryana is an autonomous organisation under the Ministry of Food Processing Industries. It has been accorded a deemed to be University under de-novo category on 08.05.2012.
IICPT
Skill Development
Research and Development
Investors’ Portal
Food Maps
Exemption From Service Tax
Priority Sector Lending
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