by Editor | May 25, 2021 | Business, Commodities, Commodities News, Commodity Market, Corporate Jobs, Emerging Businesses, Employment, Investing, Private Jobs
Industries Minister Minister KT Rama Rao launches Telangana Food Processing policy in Delhi on Saturday.
New Delhi/Hyderabad : Telangana on Saturday launched its food processing policy, aiming to attract Rs.20,000 crore investment in the sector over the next five years.
The policy also aims to make Telangana the number one state in milk production and livestock and generate employment for 125,000 people.
State Minister for Industries K.T. Rama Rao unveiled the policy at World Food India 2017 in Delhi.
He said the policy was aimed at promoting the opportunities available for investment in food processing sector in the state.
“The policy aims to double the incomes of farmers in the state,” said a statement issued by his office in Hyderabad.
The minister said the policy had been drafted with a goal to establish and promote linkages between agriculture and food processing sectors.
He stated that the current initiatives of the state government like sheep distribution and fish fingerling distribution would be linked to the food processing industry and thereby double the incomes of farming and rural communities.
The Industries Minister assured that investors in food processing sector would be extended all possible cooperation. The Telangana government would meet or beat an offer made by any other Indian state, he added.
At the World Food India 2017 event, the Government of Telangana has signed nine MoUs with food processing companies. These companies will bring in investments up to Rs.1,250 crore to the state and create employment for 10,000 people.
—IANS
by Editor | May 25, 2021 | Economy, Markets, News, Technology
Haryana Chief Minister Manohar Lal Khattar
By Arun Kumar
Washington:(IANS) Highlighting his government’s efforts to improve business environment, Haryana Chief Minister Manohar Lal Khattar has invited US investors to Haryana in sectors such as IT, renewable energy, transportation, defence and food processing.
Over the last two days, Khattar met government officials, business leaders, think tank experts, academicians and India-American community leaders in Washington DC and State of Maryland, according to an Embassy of India press release
Khattar is currently leading a 30-member delegation of Haryana officials and top Indian businesses on a visit to the US and Canada with the objective of presenting Haryana as a promising destination for doing business.
State Industries Minister Capt. Abhimanyu lauded the success of the Indian-American business community and invited them to share their experience, skills and talent for the growth and development of India.
In order to facilitate investment in the state, the Haryana government has released a new Enterprise Promotion Policy 2015. One of the key goals of this new policy is a single window clearance system. Haryana is providing VAT subsidy, interest subvention, employment subsidy, stamp duty reduction etc to further encourage investment through VISTAR scheme.
The Enterprise Promotion Policy launches an Ultra Mega Projects Scheme which will provide incentives to investment projects including allotment of more than 500 acres of land if the investment is more than $1 billion.
Some of the flagship projects where the Haryana government is inviting investments include a 100 acre Global City of Gurgaon project and an Integrated Multi Modal Logistics Hub in Southern Haryana.
A Mass Rapid Transport System as part of the Delhi Mumbai Industrial Corridor Project and a Global Economic Corridor along the 135 km long orbital road around Delhi with entertainment, tourism, medical and industrial theme parks are some other key projects.
The government has also proposed the development of Industrial Model Townships at Bidhal Lath (600 acres) and at Madina (3400 acres) under the PPP Model, where investments are sought.
A Foreign Investment & Non-Resident India (NRI) Cell will also be established to facilitate foreign investments and handle NRI related issues.
Haryana is promoting micro, small and medium enterprises by providing support to this sector.
Khattar also visited the Arlington National Cemetery here to pay tribute to the crew of the 2003 Columbia space shuttle mission, among whom was the late Kalpana Chawla. Originally from Karnal, Haryana, she was the first Indian-American astronaut.
(Arun Kumar can be contacted at arun.kumar@ians.in)
by Editor | May 25, 2021 | Halal Food, Halal Industries
Lucknow:(IANS) Five more samples of instant snack Maggi have failed tests at a laboratory here as they contained lead content beyond the permissible limit, an official said on Saturday.
The lead content in these samples, picked from neighbouring Barabanki, were found to be 2.7 parts per million more than the permissible limit at the Food Safety and Drug Administration laboratory, an official said.
Additional Commissioner (Food) R.S. Maurya said the test reports would now be sent to the Food Safety Standards Authority of India (FSSAI).
After initial reports of much higher lead and monosodium glutamate (MSG) content in Maggi, over 500 samples were gathered from across the state. The five samples that have been found “unfit” are from this collection.
A ban was imposed on Maggi in June, a move which was challenged by its makers Nestle.
Nestle had ordered a nationwide recall of the popular snack after food inspectors in Uttar Pradesh and later in some other states found that the MSG and lead content was very high.
Nestle has maintained that Maggi is safe for consumption and that it complies with the food standards in India. The matter is sub judice at the Bombay High Court.
by Editor | May 25, 2021 | Entrepreneurship, Women Entrepreneur
New Delhi:(IANS) To promote and develop the country’s food processing sector, the government will provide financial assistance in the form of grant-in-aid to eligible entrepreneurs, including women entrepreneurs, parliament was told on Tuesday.
“For promotion and development of food processing sector in the country, the ministry is implementing a Central Sector Scheme for Infrastructure Development for Food Processing having components of mega food parks and integrated cold chain, value addition and preservation infrastructure,” Minister of State for Food Processing Industries Sadhvi Niranjan Jyoti told the Lok Sabha in a written reply.
“Under the scheme, financial assistance is provided in the form of grant-in-aid to eligible entrepreneurs, including women entrepreneurs, at the rate of 50 percent in general areas and 75 percent in northeastern Region and difficult areas, subject to a maximum of Rs.50 crore for establishment of mega food park and Rs.10 crore for establishment of cold chain infrastructure,” she said.
Small and micro food processing units being managed by woman in rural areas of the country are 103,067.
