: 15 Food Processing units are operational in Assam: Rameswar Teli #FinanceIndia #StockMarketNEWS 15 Food Processing units are operational in Assam: Rameswar Teli New Delhi, Feb 17 (KNN) Minister of

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15 Food Processing units are operational in Assam: Rameswar Teli #FinanceIndia #StockMarketNEWS
15 Food Processing units are operational in Assam: Rameswar Teli New Delhi, Feb 17 (KNN) Minister of State for Food Processing Industries Rameswar Teli has said that presently 15 Food Processing units are in operation in Assam with a project cost of around 200 crores.

He said this during a meeting of stakeholders on food processing organized by the Ministry of Food Processing Industries in partnership with the Assam government at Guwahati.

Rameswar Teli in his speech highlighted that the Ministry of Food Processing Industries has been allocating 10 per cent of its budget for implementation of its schemes and programs in the North Eastern Region for the development of the Food Processing Sector, as per the policy of the government in line with the priorities of the sector.

As of today, 15 Food Processing units are in operation in Assam with a project cost of around 200 crores. Agro Processing Clusters Projects worth about 60 crores has been sanctioned in Assam and the APC project for the same amount is in the pipeline to be sanctioned, he added.

He also said that the economy and employment opportunities of the region have increased through the Mega Food Park in Nalbari District, Assam.

Teli further added that under Pradhan Mantri Kisan Sampada Yojana (PMKSY), a flagship scheme of MoFPI, special benefits are available to the North Eastern States in terms of higher rate of subsidy and other relaxations to attract investors. For instance, the rate of subsidy in the North Eastern Region ranges from 50 to 75 per cent, compared to the 35 to 50 per cent in general areas. At present, 28 Projects have been sanctioned in Assam under PMKSY, out of which 7 are Operational.

MoS also highlighted that Krishi Udaan Yojana has been specifically designed keeping NER in mind.

The Minster also opined that in most cases in NER, the right guidelines regarding the establishment of food processing units are not available. In order to solve this problem, a Project Development Cell has been formed in MoFPI, which provides help to the interested entrepreneur in counselling, and in making of DPR etc.

Rameswar Teli urged the Assam government to make the PMKSY and PMFME accessible to the people. He hoped that through development of the Food Processing Sector, farmers could get the right price for their produce, reduce post-harvest waste and create new opportunities for investment and employment.