World Food India 2024

April 2025

Make In India's push for Food Processing Excellence

  • Mega food parks, with essential utilities and common processing facilities are being established.

  • Investment in these parks is recognised under the Harmonised list of Infrastructure Sub sectors (HLIS), enabling easier access to infrastructure lending.

Facts and numbers

  • The Ministry's budget for 2024 - 2025 increased by approximately 30,19% compared to the previous year.
  • Gross Value Added (GVA) has increased from 1.61 lakh crores in 2015-16 to 1.92 lakh crore in 2022-23.
  • Average Annual Growth Rate (AAGR) of around 5.35% since 8 years until 2022-23/
  • Employment increased to 20.68 lakh in 2021-22.
  • share of processed food export in agri food export increased to 23.4% in 2023-24.

PM Kisan Sampada Yojana (PMKSY)

  • The umbrella central sector scheme, SAMPADA - Scheme for Agro Marine Processing and Development of Agro Processing clusters was approved in May 2017
  • total allocation - 6000 crores rupees.
  • The scheme is being continued with an additional allocation of 4,600 crore rupees until March 31, 2026.

Aims of PMKSY:

  1. A comprehensive package for modern infrastructure and efficient supply chain management, from farm gate to retail outlet
  2. Aims to boost the food processing sector in India
  3. Helps farmers get better returns and supports doubling of farmers' income
  4. Creates huge employment opportunity, especially in rural areas
  5. Reduces wastage of agricultural produce
  6. Increases processing levels of food products
  7. Enhances exports of processed foods

Production Linked Incentive Scheme for Food Processing Industry (PLISFPI)

  • approved by union cabinet in march, 2021 with an outlay of 10,900 crores for a 6 year period from 2021-22 to 2026-27

Components of PLISFPI:

  1. incentivising manufacturing of four major food products segments
    1. Ready to cook or Ready to eat (RTC or RTE), like millets based products
    2. Processed fruits and vegetables
    3. Marine products
    4. Mozarella cheese (category I)
  2. Production of innovative or organic products of SMEs (category II)
  3. support for branding and marketing abroad (category III)
  4. a component for production linked incentives scheme for millet based products from the scheme was carved out

Pradhan Mantri Formalisation of Micro Food Processing Enterprises Scheme

  • Launched in June, 2020
  • aims to encourage 'Vocal for Local'
  • extended upto 2025-26

Features:

  • Common infrastructure
  • Credit linked subsidy
  • Seed Capital for SHGs
  • Capacity building
  • One District One Product (ODOP)
  • Marketing and Branding
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