R&D in food processing needs to be strengthened: PMOctober 6th, 2009 NEW DELHI - Prime Minister Manmohan Singh Tuesday called for strengthening research and development (R&D) in the country's food processing industry with the Central Food Technology and Research Institute (CFTRI) playing a more proactive role. "While basic agricultural research has a very strong and large institutional network in the country, there is little focus on the food processing sector," Manmohan Singh said while inaugurating the 1st Conference of State Ministers of Food Processing Industries, organised by the ministry of food processing industries (MoFPI).
States must play catalytic role in food processing sector: PMOctober 6th, 2009 NEW DELHI - The state governments need to play a catalytic role in the country's food processing industry so that the small and unorganised players in this sector become competitive in the world market, according to Prime Minister Manmohan Singh. "The food processing industry (in India) is fragmented and most of the players are small and unorganised," Manmohan Singh said while inaugurating here Tuesday the 1st Conference of State Ministers of Food Processing Industries, organised by the Ministry of Food Processing Industries.
PM calls for policy on food processingOctober 6th, 2009 NEW DELHI - Prime Minister Manmohan Singh Tuesday called for a national food processing policy for the rapid growth of the sector. "The policy to be effective will have to be comprehensive and adopt a number of legislative, administrative and promotional measures," the prime minister said while inaugurating the first conference of state ministers of food processing industries here.
PM says inadequate infrastructure and taxation major hurdles before food industryOctober 6th, 2009 NEW DELHI - Prime Minister Dr. Manmohan Singh today said inadequate infrastructure and the taxation structure are major hurdles preventing the growth of the country's food processing industry.
PM to inaugurate Conference of State Ministers of Food Processing IndustriesOctober 5th, 2009 NEW DELHI - Prime Minister Dr. Manmohan Singh will inaugurate the first Conference of State Ministers of Food Processing Industries here tomorrow.
PM to inaugurate food processing conference TuesdayOctober 5th, 2009 NEW DELHI - Prime Minister Manmohan Singh is scheduled to inaugurate a conference of state food processing industry ministers here Tuesday to get inputs for a nation-wide policy and give a push to the $67-billion industry. The focus of the policy will be to step up the level of processing food and related produce in the country, bring down the wastage of perishables from the present 50 percent and scale up research and development efforts.
PM to inaugurate Conference of State Ministers of Food Processing Industries todayOctober 5th, 2009 NEW DELHI - Prime Minister Dr. Manmohan Singh will inaugurate the first Conference of State Ministers of Food Processing Industries here today.
Separate policy for food processing sector on cardsJuly 31st, 2009 NEW DELHI - The government is planning to formulate a separate policy for the country's food processing industry and to scale up research and development (R&D) activities in the sector, Minister for Food Processing Industries Subodh Kant Sahai said here Friday. "The government is planning to call a meeting of state food processing ministers after the conclusion of the current parliament session to seek their views in formulating a separate food processing policy," Sahai said.
Create Rs.7,500-crore fund for meat and fish industry: AssochamJuly 22nd, 2009 NEW DELHI - The Associated Chambers of Commerce and Industry (Assocham) wants the government to set up a Rs.7,500-crore ($1.5-billion) corpus fund for the meat and fish processing industry. The fund could be used to infuse new technologies and skills into the food processing sector in order to increase the production of meat, fish and poultry by 25 percent in two years, the chamber said in a statement Wednesday.
Erratic monsoon not to hurt food processing sector: ministerJuly 10th, 2009 NEW DELHI - The erratic monsoon this year will not hurt the country's food processing sector as there was enough surplus produce for value addition, according to Minister for Food Processing Industries Subodh Kant Sahai. "In India, the (food) processing level is still very low - at only around 10 percent," Sahai told reporters on the sidelines of a function held here Friday to launch the Ministry of Food Processing Industries' new magazine.
Budget will spur growth in food processing sector: MinisterJuly 6th, 2009 NEW DELHI - Finance Minister Pranab Mukherjee's proposal of investment-linked tax incentives for setting up cold chain infrastructure and warehousing facilities will greatly help the food processing industry in the country, said Minister for Food Processing Industries Subodh Kant Sahai. "I propose to extend investment-linked tax incentives to the businesses of setting up and operating cold chain, warehousing facilities for storing agricultural produce and the business of laying and operating cross-country natural gas or crude or petroleum oil pipeline network for distribution on common carrier principle," Mukherjee said in parliament Monday while presenting the union budget.
Food processing sector may get tax holiday, hopes ministerJune 22nd, 2009 NEW DELHI - The food processing industry has the potential to become the engine growth of the economy and it may get a 10-year tax holiday to attract more investments, Minister for Food Processing Industries Subodh Kant Sahay said Monday. "The food processing sector can be the growth engine of the economy, and is eligible for a 10-year tax holiday," Sahay said here at a conference organised by the Confederation of Indian Industry (CII).
Midday meal scheme should include processed food: SahayJune 9th, 2009 NEW DELHI - The midday meal scheme for primary students of government schools may soon include a processed food item if a proposal for this is approved, Minister for Food Processing Industries Subodh Kant Sahay said Tuesday. "If the promise of quality and nutrition is to be kept, then a packaged food item must be bundled with the midday meal, Sahay told reporters on the sidelines of a conference at the PHD Chamber of Commerce and industry here Tuesday.
Industry inputs sought to boost food processing sectorJune 5th, 2009 NEW DELHI - The government has sought the food processing industry's support to set a 100-day target for the sector. "We are in the preparatory process of setting a 100-day target for the food processing sector and are seeking inputs from the industry," Food Processing Industries Minister Subodh Kant Sahai said here Friday after chairing a meeting of industry representatives.
'India will become food factory of the world'February 26th, 2009 HARIDWAR - With the food processing industry in India growing 13.7 percent annually, India is set to be become the food factory of the world, says Minister of State for Food Processing Industries Subodh Kant Sahai. 'While the manufacturing sector growth in the country has gone down from 7 percent to 6 percent, the food processing sector is growing a a robust 13.7 percent,' Sahai said at the foundation laying ceremony of the Patanjali Food and Herbal Park at village Padartha near here Wednesday afternoon, one of the 10 mega food parks that are being set up in the next two years in the country under the 11th Five-Year Plan.
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