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Setting up of Food Processing Units

Friday, 12 September 2014 13:37

The Ministry of Food Processing Industries has launched a Centrally Sponsored Scheme of National Mission on food Processing (NMFP) in 12th Plan (2012-17) through State/UT Governments. Under the scheme of technology Upgradation/ Establishment/ Modernization of Food Processing Industries of the mission, all the eligible entrepreneurs interested to set up food processing units in the country including the districts where there is no food processing units are provided financial assistance @25 percent of the cost of plant & machinery and technical civil works. subject to a maximum of Rs. 50 lakh in general areas; 33.33 percent of the cost of plant & machinery and technical civil works, subject to a maximum of Rs. 75 lakh in difficult areas (i.e. Jammu & Kashmir, Himachal Pradesh, Uttarakhand, Andaman & Nicobar Islands and Lakshadweep) and Integrated Tribal Development Project (ITDP) areas; and 50 per cent of the cost of plant & machinery and technical civil works, subject to a maximum of Rs.100 lakh for North-Eastern States including Sikkim.

Under the above scheme of the mission, all the new applications in 12th Plan (2012-17) are received, sanctioned and funds are released by the respective State / UT Governments, for setting up of Food Processing units in the country.

This information was given by the Minister of State for Food Processing Industries Dr. Sanjeev Kumar Balyan in a written reply in the Rajya Sabha.

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