OBJECTIVE:

  • The main objective of the scheme is to increase the level of Food Processing, reduction of wastage, value addition, enhance the income of farmers as well as increase in exports thereby resulting in overall development of food processing sector. The scheme envisages to extend the financial assistance for setting up of new food processing units as well as expansion of existing units in the State.
  • Following food processing sectors are eligible to avail the assistance under the scheme:
   a) Fruit & Vegetables processing
   b) Milk processing
   c) Meat, Poultry, Fish processing
   d) Ready to Eat/ Ready to Cook Food products/ Breakfast cereals/ Snacks/ bakery and other food products including nutritional health  foods.
   e) Agri-horticulture sectors including food flavors/food additives and colors, oleoresins, spices, coconut, mushrooms and hops will be covered under the Scheme.
  • It will include processes of value addition to produce through methods such as preservation, addition of food additives, drying with a view to preserve food substances in an effective manner and enhance their shelf life and quality.
  • Food Packaging which enhances the shelf life of food shall also be considered as a part of food processing and shall be eligible for the all the provisions covered under this policy.
  • Includes the cost of plant & Machinery and Technical civil work.
  • Pattern of assistance
  • Assistance for individual units to set-up in Food Parks in “C” and “D” category blocks Also
  • Capital Investment Subsidy for individual units to be set-up in “C” and “D” category blocks:
    (i) 25% of the eligible project cost subject to a maximum of Rs. 1.00 crore
  • Assistance for individual units to set-up in Food Parks in “A” and “B” category blocks
    (i) 25% of the eligible project cost subject to a maximum of Rs. 50.00 lacs