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.
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