Mega Food Parks

Mega Food Park is an inclusive concept and a scheme of the Ministry of Food Processing of the Government of India, aimed at establishing a "direct linkage from farm to processing and then to consumer markets" through a network of collection centres and primary processing centres.[1] Its purpose was to increase processing of perishables from 6% to 20% and to increase India's Share in global food trade by at least 3% up to year 2015.

According to an estimate,[2] the Indian food industry was to grow from $200 million USD to $310 million USD in 2015 by this scheme.

Highlights of scheme[1]

  • Government provides grants up to Rs 50 crores for each food park to a consortium of companies.
  • 30-35 food processing units are expected to be established.
  • Collective investment of companies is expected to be at least 250 crores.
  • A turnover of 400-500 crore and employment generation of at least 30000 from each mega food park is expected.

A total of 42 Mega Food Parks have been sanctioned so far by MoFPI in six phases These MFPs are to ensure backward linkages to the farmers, SHGs, JLVs etc. & enhance farmer income. Each MFP is supposed to connect with 25000 farmers Government has envisaged building quality labs at each of the food parks as well

Status

A sanction of 42 food parks has been planned, out of which 25 in various states have already been sanctioned[1][3] with 17 pending, expression of interest is available from companies with the government. According to the Government, as of October 2016, 8 mega food parks have become operational and all 42 would be operational in the next 2 years.[4]

References

  1. 1 2 3 "Mega Food Parks : what is it and how will it benefit Indian Economy". Elections.in. 2014-09-26. Retrieved 2016-07-26.
  2. "Potential location for setting up of food parks". Fnbnews.com. Retrieved 2016-07-24.
  3. "Scheme of Mega Food Park". Mofpi.nic.in. Archived from the original on 2016-09-01. Retrieved 2016-07-26.
  4. "All 42 mega food parks to be operational in 2 years: Harsimrat Kaur Badal". Retrieved 2 March 2017.


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