14 mega food parks worth Rs 3,500 crore to go operational this year

Fourteen mega food parks (MFPs) are set to become operational by the end of this year. Created with a minimum estimated investment of Rs 3500 crore, these facilities, according to the government, will create more than 70,000 jobs.

Quoting an official from the food processing ministry, an ET report said, “With 14 more MFPs to be made operational in financial year 2018-2019, it is a big achievement as we will be able to get 27 projects operationalised in four to five years.”

Since 2008, when the scheme was launched, only two parks were running till 2014. The new parks will be inaugurated by food processing minister Harsimrat Kaur Badal.

According to the report, creation of MFPs aims to bring together farmers, processors and retailers and link them with the market so as to ensure maximisation of value addition, minimisation of wastages and improving of farmer’s income. The government has sanctioned 42 MFPs to be set up in the country. Out of this 13 are operational.

Image Credit : images.financialexpress.com

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