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.
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.
Minister for food processing industries Subodh Kant Sahai has lamented that the Planning Commission has not understood the importance of the food processing sector.
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.
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.
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.
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.
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.
