In the last 4 years, more than 3.85 lakh jobs have been created in the food processing sector and 4 lakh more will be generated by the end of current fiscal as 15 new mega food parks become operational, Union Minister Harsimrat Kaur Badal said.
She added that 3.4 lakh direct and indirect jobs will be created with operations of 122 projects approved under the Pradhan Mantri Kisan Sampada Yojana. More avenues will open up as both domestic and global firms commit investment in a big way in the sunrise sector.
Further, she said that the sector will get a fillip as the government will soon set up a non-banking finance company with the private sector to fund food processing projects.
While highlighting her ministry’s achievement in the last four years, Badal told media that there has been a transformation in the food processing sector during the four years of government, when compared to the Congress during 2008-14 when the sector was totally disorganized.
Going forward, the government is working on creating on Agro Processing Financial Institution to ensure credit facility to food processing projects.
Stating that food processing is the key to doubling of farmers income, the minister said 13 mega food parks have been operationalized in states such as Karnataka (Tumkur), Punjab (Fazilka), West Bengal (Murshidabad) among others in the four year of the NDA rule. These mega food parks have generated 3,34,854 jobs in four years and benefited 20,725 farmers. Additional 15 mega food parks will be operational by end of the fiscal, creating jobs for around 4 lakh persons.
She added that in total, 42 food parks have been sanctioned. The approval to new parks would be given after ensuring smoothing running of these parks.
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