Food Processing Industry Current Affairs - 2020

First Mega Food Park of Mizoram inaugurated

On July 20, 2020, the Minister of food Processing Industry Harsimrat Kaur Badal e-inaugurated the first Mega Food Park in Mizoram.

Highlights

The Zoram Food Park (non-governmental) inaugurated in Mizoram is to provide employment to 5,000 persons and will benefit 25,000 farmers in primary processing centre and core processing centre.

The park is expected to bring an annual turn over of Rs 450-500 crores in about 30 food processing units.

Mega Food Park Scheme

The Zoram Food Park has been established under Mega Food Park Scheme of Government of India. There are 18 mega food park projects that are under implementation and 19 mega food parks have become functional. Around six of these functioning mega food parks are in North East.

Under the Mega Food Park Scheme, the Government of India will provide financial assistance of Rs 50,000 crores per mega food park project.

Significance

The Ministry of Food Processing Industries are promoting Mega Food Parks to give a major thrust to the Make in India initiative. This is expected to become a major contributor towards India’s target of doubling farmers’ income by 2022.

Indo-Italian Business Mission on Food Processing inaugurated

On July 15, 2020, the Union Minister of Food Processing Industries Harsimrat Kaur Badal inaugurated the Digital Indo-Italian Business mission on Food Processing.

Highlights

The event is to be held for two days. During the event, trade fairs, digital conferences and back to back meetings are to be conducted. Around 23 Italian companies are to exhibit their products and services.

Focus

The Mission will focus on key areas such as fruits and vegetables, milk, cereals, dairy processing, bottling and packaging.

India’s plans ahead

India is to invest in mega food parks and agricultural export zones in the future. Also, GoI will link these parks with Industrial estates, industrial parks and clusters in the country.

India is now trying to become self sufficient in every industry through Atma Nirbhar Bharat Abhiyan.

Atma Nirbhar Bharat Abhiyan

Under the scheme, Rs 10,000 crore was allocated to Formalisation of Micro Food Enterprises. This will promote “Vocal for Local” with a global outreach. India is to provide technical upgradation to its Micro Food Enterprises.

The fund allocated will support micro food enterprises, self help groups, farmer producer organizations and cooperatives.