Objective
The main objective of this scheme is focusing on the increase in agriculture, modernising processing methods of agri products and decreasing their wastage.
Significance
- The new scheme gives renewed push to the food processing sector in the country. Its intention is to progressing the modern infrastructure to facilitate entrepreneurs in setting up of food processing divisions based on cluster approach and deliver effective and seamless backward and forward integration for processed food industry.
- It suggests to accomplish this by plugging gaps in supply chain and development of infrastructure facilities for processing and preservation and modernization of existing food processing units.
- As a result, this programme will result in the formation of modern infrastructure tied with effective supply chain management from farm gate to a retail outlet.
- It would deliver better prices to farmers and would help in doubling their profits.
- The scheme, if implemented properly, will create a huge employment opportunities, exclusively in rural areas.
- From the viewpoint of the consumer, it would promote the availability of safe and convenient processed foods at a reasonable price.
- This sector added around 9.1% & 8.6% of Gross Value Added (GVA) in the field of manufacturing & agriculture, respectively in the financial year 2015-16.