New Delhi, April 8 (IANS) Amid rising tensions in the Middle East, the Indian government on Wednesday introduced a new formula for LPG allocation aimed at supporting critical sectors such as pharmaceuticals, food processing, and agriculture.According to the Ministry of Petroleum and Natural Gas, the revised policy will ensure bulk LPG supply to a wide range of industries, including pharma, food, polymers, agriculture, packaging, paints, steel, ceramics, glass, and aerosols.These sectors are cons…
Latest Food Processing Industry News & Updates
New Delhi, April 7 (IANS) The Production-Linked Incentive (PLI) Scheme for the food processing industry has attracted investments of Rs 9,207 crore and generated around 3.29 lakh jobs so far, the government said on Tuesday.Launched by the Ministry of Food Processing Industries, the scheme is being implemented over six years from FY 2021-22 to FY 2026-27 with a total outlay of Rs 10,900 crore.It aims to increase value addition, expand processing capacity and generate employment, particularly in r…
New Delhi, March 12 (IANS) The government has approved Rs 793.27 crore in incentives for 29 companies under the Production Linked Incentive (PLI) scheme for millet-based products to promote value addition and increase the use of millets in food products, the Parliament was informed on Thursday.In a written reply to a question in the Lok Sabha, Minister of State for Food Processing Industries Ravneet Singh said the incentives have been approved under the Production Linked Incentive Scheme for Foo…