GOVT OF INDIA: INCENTIVE SCHEME APPROVED FOR FOOD PROCESSING INDUSTRY

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PANAJI: Government of India (GOI) has approved a new Central Sector Scheme – ‘Production Linked Incentive Scheme for Food Processing Industry (PLISFPI)’ for implementation during 2021-22 to 2026-27 with an outlay of Rs10,900 crore.

“The objective of the scheme is to support the creation of global food manufacturing champions; promote Indian brands of food products; increase employment opportunities for off-farm jobs, ensure remunerative prices of farm produce and higher income to farmers,” begins the guidelines document.

Read more at: https://mofpi.nic.in/sites/default/files/guidelines_plisfpiwithcoveringltr_0.pdf

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