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Initiative
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Impact
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1
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Permitting 100% FDI in retail trade including E-Commerce of food products manufactured and or produced in India
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This has enhanced investment opportunities in India globally and have generated interest among the leading world food retailers for making investment in India
Three companies M/s Super Market Groceries Supplies Pvt ltd. M/s Grofers India Pvt Ltd and M/s Amazon Corporate Holdings Pvt. Ltd. have already submitted their proposals for seeking permission to make investment of US $ 695 million over a period of time
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2
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To enhance the transparency and reduce human interface on-line software has been developed and put in use for filing of claims for the infrastructure development projects. This has also being expanded to other schemes.
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On-line software has resulted in quicker disposal of the claims for grant by the projects and resulting in acceleration of the progress on the grant
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3
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Setting up of investment tracking and facilitation Desk of Invest India in the Ministry
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The desk will identify new potential investors and approach them in a focussed and structured manner for investment and follow-up the investment cases by providing hand holding services.
The desk will also assit Ministry in organising road-shows both in India and abroad and organising investment meets.
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4
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The Schemes of the Ministry have been restructured and new schemes have been launched under proposed SAMPADA.
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The SAMPADA Scheme will target creation of Infrastructure and increasing capacities of processing and preservation in entire supply chain of food processing sector right from farm gate to retail outlets.
The New Scheme will help in integrating food processing units and food trade with the farmers creating huge opportunities for employment of increasing income of the farmers.
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5
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Excise Duty reduced from 12.5% to 6% on refrigerated containers
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The reduction of duty resulted in reduction in cost of investment in the food processing projects and enhance their viability.
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YEAR 2017-18
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1
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e-NAM to be expanded from 250 to 585 APMCs
e-NAM Market to have primary processing facilities
e-NAM will be provided assistance for creating primary processing to cleaning, grading, packaging.
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This will encourage and make easier direct procuring of raw-material by the processing units and retail traders resulting in increased income to farmers.
Primary Processing will increase value addition of the farmers produce and fetch better price. This will also lead to quality consciousness
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2
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Model Law on Contract Farming to be prepared to integrate farmers
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The Contract Farming Law will integrate backward integration of the food processors with the farmers and attracting investment in post harvest management activities leading to increased benefit to the farmers and reduction in wastages.
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3
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A Dairy Processing and Development Fund of Rs. 8000 core to be set up in NABARD
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The Fund will be used to modernize old and obsolete milk processing units particularly in cooperative sector and will result in enhancing milk processing capacity thereby adding more value to the produce of the farmers and increasing their income
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4.
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National Policy on Food Processing
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The policy will provide a road map for holistic development for the food processing sector, the potential and opportunities for the growth of supply chain and promote food processing in the country to create employment opportunities and ensure wellness of the farmers.
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5.
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World Food India, 2017
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Ministry is organising World Food India 2017 from 3rd to 5th November, 2017 in Delhi to showcase investment potential of India in the food processing sector and attract investment in the entire supply chain for inclusive development.
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