Ministry of Food Processing Industries

Food Processing Projects

Posted On: 05 DEC 2023 4:56PM by PIB Delhi

The Ministry of Food Processing Industries (MoFPI) does not set up any Food Processing Industries on its own. However, it incentivizes setting up of such industries through its schemes. A total of 15 food processing projects, located in Uttar Pradesh, Andhra Pradesh and Tamil Nadu, have been approved for assistance in 2021. Out of these, detailed status of 7 projects located in Andhra Pradesh, is placed at Annexure.

There has been no overrun in financial assistance approved by Ministry for these projects. As per related scheme guidelines, such projects are to be completed within 20 months of the issue of approval letter. However, various reasons, including COVID related restrictions, have led to delay in completion of some of these projects.

MoFPI has taken various measures for timely implementation of these projects, which include (i) Dashboard for monitoring the progress of the projects; (ii) Regularly review with the promoters to help remove bottlenecks in implementation; (iii) Assessing the progress of projects though Virtual site visits to prevent delays in their completion; (iv) Issues taken up with the Banks/ Financial Institutions to expedite sanction and disbursement of term loan to the projects; (v) Penal provisions for promoters in case of delayed completion of projects.

ANNEXURE

Details of approved projects under corresponding schemes of Pradhan Mantri Kisan Sampada Yojana located in Andhra Pradesh in 2021

(Rs in Cr)

ComponentScheme-IntegratedColdChainandValueAdditionInfrastructure Scheme

S.

No

Project

Date of

Approval

Date of

Completion

Project

cost

Approved

Grant-in- aid

Released

Grant-in- aid

Status

1

Aparna

Marine Exports

31.03.2021

03.02.2023

40.67

9.53

9.53

Operational

2

Mulpuri

Aqua Processors

31.03.2021

23.03.2023

37.07

10.00

9.58

Operational

3

Mek world

Marines and Exports Pvt Ltd

31.03.2021

-

28.22

10.00

6.27

Under

Implementation

4

Vaisakhi

Bio Marine Pvt. Ltd.

31.03.2021

-

44.16

10.00

0.00

Under

Implementation

5

Krishna

Coastal Foods Pvt. Ltd

31.05.2021

-

6.65

1.57

1.06

Under

Implementation

6

The

Krishna District Milk Producers’ Mutually Aided Co- operative Union Limited

31.03.2021

-

80.48

10.00

0.00

Under

Implementation

7

Sukshma

Gamma LLP

31.03.2021

-

24.77

8.38

5.39

Under

Implementation

 

This information was given by the Union Minister of State for Ministry of Food Processing Industries, Shri Prahlad Singh Patel in a written reply in the Lok Sabha today.

 

*****

 

MJPS/NSK



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