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Polity & Governance
Komal gupta

10/12/21 11:10 AM IST

Source: PIB

New Food Processing Policy

In News

The Food Processing Sector has emerged as an important segment of the Indian economy and it constitutes as much as 9.9 percent and 11.4 percent share of GVA in Manufacturing and Agriculture sector respectively in 2019-20 at 2011-12 prices.

Some of the key objectives of the draft policy are-

  • Attaining a higher growth trajectory through significant increase in investment for strengthening supply chain infrastructure and expansion of processing capacity particularly in perishables;
  • Improving Competitiveness through technology upgradation, Research &Development, Branding and strengthening India’s USP in food sector;
  • Attaining long term sustainability in growth of the sector through efficient use of water, energy, adoption eco-friendly technology in processing, storage, packaging and use of waste from FPI industry.

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