After the Green Revolution and White Revolution, a food processing revolution is the need of the hour for India to solve “major problems of unemployment, rural poverty and deprivation”, Finance Minister Pranab Mukherjee said Wednesday.
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Food processing industries minister Subodh Kant Sahai on Friday advocated for a tax holiday and infrastructure status for the sector, besides setting up a venture capital fund or a sector-specific bank, to ensure easier availability of credit at competitive rates.
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Minister for food processing industries Subodh Kant Sahai has lamented that the Planning Commission has not understood the importance of the food processing sector.
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The State government would soon set up a mango export zone in Krishnagiri, said Krishnagiri Collector V K Shanmugam at the 17th annual mango expo held at Government Boys Higher Secondary School on Monday.
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India is facing a scarcity of monsoon rains this year leading to a possible crisis in the provision of water, food and energy in most states, the Indian media reported on Wednesday.
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Steady conditions developed on the wholesale dry fruits market in the national capital on Saturday as prices moved in a tight range on small bouts of buying or selling and settled around previous levels.
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India’s Food Ministry will decide on easing a ban on non-basmati rice exports after monitoring the monsoon’s progress to ensure that the country has enough supplies in case the annual rains are lower than expected, paring fresh crop output.
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In order to tackle the issue of food insecurity, the leaders from BRIC (Brazil, Russia, India and China) countries have pledged adopting a package of mid and long-term measures.
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