Food Processing Projects
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
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 ofApproval | Date ofCompletion | Projectcost | ApprovedGrant-in- aid | ReleasedGrant-in- aid | Status |
1 | AparnaMarine Exports | 31.03.2021 | 03.02.2023 | 40.67 | 9.53 | 9.53 | Operational |
2 | MulpuriAqua Processors | 31.03.2021 | 23.03.2023 | 37.07 | 10.00 | 9.58 | Operational |
3 | Mek worldMarines and Exports Pvt Ltd | 31.03.2021 | – | 28.22 | 10.00 | 6.27 | UnderImplementation |
4 | VaisakhiBio Marine Pvt. Ltd. | 31.03.2021 | – | 44.16 | 10.00 | 0.00 | UnderImplementation |
5 | KrishnaCoastal Foods Pvt. Ltd | 31.05.2021 | – | 6.65 | 1.57 | 1.06 | UnderImplementation |
6 | TheKrishna District Milk Producers’ Mutually Aided Co- operative Union Limited | 31.03.2021 | – | 80.48 | 10.00 | 0.00 | UnderImplementation |
7 | SukshmaGamma LLP | 31.03.2021 | – | 24.77 | 8.38 | 5.39 | UnderImplementation |
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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