Food Processing Industries Minister Narendra Singh Tomar on October 16, 2020 virtually inaugurated the India – International Food and Agri Week being organised from 16 to 22 October 2020.
- He said that Indian food processing sector is 32 per cent of India’s food market.
- He added that with 3.4 per cent GDP growth rate agriculture sector has contributed hugely to India’s economic growth even during Covid times.
- The Ministry of Food Processing Industries (MoFPI) has started an awareness campaign named ‘Anna Devo Bhava’ to mark this occasion.
- The focus of the agro and food tech is on the use of technology in the field of food and agriculture sector to increase the income of farmers and is in line with the goal to double the income of farmers by 2022.
PM Formalisation of Micro food Enterprises
- MoFPI has started PMFME (PM Formalisation of Micro food Enterprises) scheme with an outlay of Rs 20,000 crores.
- This scheme will support 2 lakh micro food processing units with credit linked subsidy and would focus on supporting the SHGs, FPOs and cottage industry.
(PIB)
