Boost to Employment! Govt approves 21 projects that leverage investment worth ₹ 443 cr

NewsBharati    10-Nov-2020 10:46:27 AM
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Delhi, November 10: Intending to generate employment and to assist the farmers and consumers, the Center on Monday approved 21 projects, leveraging investment worth Rs 443 crores supported with a grant of Rs. 189 Crores under the Scheme for Integrated Cold Chain and Value Addition.
 
 
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This approval comes during Inter-Ministerial Approval Committee (IMAC) meeting chaired by Minister for Food Processing Industries Narendra Singh Tomar. During the meeting, Tomar said that these projects will benefit farmers and consumers. He urged the officers to expedite the implementation of approved projects.
 
These approved projects are likely to generate employment for nearly 12600 people & benefit 200592 farmers. These projects are spread across the 10 states of Andhra, Gujarat, HP, J&K, Kerala, Nagaland, Punjab, Telangana, UK, UP.
 
 
 
The Scheme for Integrated Cold Chain and Value addition infrastructure aims at arresting post-harvest losses of horticulture and non-horticulture produce & providing remunerative price to farmers.
 
Apart from it another 8 projects leveraging investment worth Rs 62 crores with grants of Rs. 15 cr under the BFL Scheme were approved in another meeting chaired by Union FPI Minister Rameswar Teli.
 
This project aims to generate employment for nearly 2500 people. The objective of the scheme is to provide effective and seamless backward and forward integration for the processed food industry by plugging the gaps in the supply chain in terms of availability of raw material and linkages with the market.