On mission mode, Indian Railways’ Freight loading for first eight months of this financial year 2022-23 crossed last year’s loading and earnings for the same period. On cumulative basis from April –Nov. 22, freight loading of 978.72 MT was achieved against last year loading of 903.16 MT during the same period, an improvement of 8%. Railways have earned Rs 105905 ...
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POLICY MEASURES TO SUPPORT FOOD PROCESSING SECTOR
The Government has taken various policy measures and reforms to support food processing sector as indicated below: Inclusion of food & agro-based processing units and cold chain as agricultural activity under Priority Sector Lending (PSL) norms in April 2015. As a measure towards of ease of doing business, the Food Safety and Standards Authority of India (FSSAI) through notifications in ...
Read More »FOOD PROCESSING SECTOR’S CONTRIBUTION IN GDP
The contribution of the food processing sector has increased continuously with Gross Value Added (GVA) in food processing sector from Rs.1.34 lakh crore in 2014-15 to Rs. 2.37 lakh crore in 2020-21 at a Compound Annual Growth Rate (CAGR) of 9.97%. The Ministry of Food Processing Industries(MoFPI) implements various schemes with an objective of overall growth and development of the ...
Read More »Status Of Freight Corridors In India
Ministry of Railways has taken up construction of two Dedicated Freight Corridors (DFC) viz. Eastern Dedicated Freight Corridor (EDFC) from Ludhiana to Sonnagar (1337 Km) and the Western Dedicated Freight Corridor (WDFC) from Jawaharlal Nehru Port Terminal (JNPT) to Dadri (1506 Kms.). So far, 1110 km out of total sanctioned length of 2843 km of DFC has been completed. The ...
Read More »Employment Generation in FPI Sector
The data for registered manufacturing sector including food processing sector is brought out by the Ministry of Statistics and Programme Implementation through the Annual Survey of Industries (ASI) and for unregistered/unincorporated enterprises through National Sample Survey (NSS). As per the Annual Survey of Industries 2018-19, food processing sector was ranked 1st in total number of persons engaged in the manufacturing sector. ...
Read More »Food Processing Industry Parks
The Ministry of Food Processing industries incentivizes setting up of Mega Food Parks and Agro Processing Clusters (Mini Food Parks) through credit linked financial assistance (capital subsidy) in the form of grants-in-aid under relevant component schemes of Central Sector Umbrella scheme “Pradhan Mantri Kisan SAMPADA Yojana”. State-wise details of Mega Food Parks and Agro Processing Clusters approved in PMKSY are ...
Read More »One Station One Product
‘One Station One Product’ concept aims to encourage indigenous and specialised products and crafts of India through providing display and sale outlets on railway stations across the country. The products would be specific to that place and could include artefacts made by indigenous tribes, handlooms by local weavers, handicrafts like world famous wood carving, chikankari and zari-zardozi work on clothes, ...
Read More »New Food Processing Policy
The Food Processing Sector has emerged as an important segment of the Indian economy and it constitutes as much as 9.9 percent and 11.4 percent share of GVA in Manufacturing and Agriculture sector respectively in 2019-20 at 2011-12 prices. However, some of the key challenges facing the sector are- Supply chain infrastructure gaps; Institutional gaps; Relatively low level of processing; ...
Read More »Growth of Indian Food Industry
The total agri-food exports has grown from US$ 36.18 billion in 2014-15 to US$ 38.32 billion in 2020-21 at a compounded annual growth rate of 0.96 per cent. The gross value added in food processing sector has grown from Rs 1.34 Lakh Crore in 2014-15 to Rs. 2.24 Lakh Crore in 2019-20 at a compounded annual growth rate of 10.8 ...
Read More »EMPLOYMENT OPPORTUNITIES IN FPI SECTOR
The Ministry of Statistics and Programme Implementation through the Annual Survey of Industries (ASI) collects and publishes data for registered manufacturing sector. As per the latest Annual Survey of Industries (2018-19), Food Processing sectorhas contributed11.22% of total persons engaged in the registered manufacturing sector. The details of employment/persons engaged in food processing sector for last 3 years are as under; ...
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Indian Industry Plus A Pratisrutiplus Suppliment