The Indian government has put in place a number of programmes and regulations to support the nation’s food processing industry. Among the noteworthy ones are:
- National Mission on Food Processing (NMFP): The NMFP was established by the government in 2012 with the goal of advancing the food processing sector and raising the value addition of agricultural products. The purpose aims to increase rural income, decrease agricultural waste, and promote employment possibilities.
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- Pradhan Mantri Kisan Sampada Yojana (PMKSY): The PMKSY programme was introduced in 2017 with the goal of creating cutting-edge infrastructure for food processing and reducing agricultural produce waste. It intends to produce employment possibilities, integrate the value chain in the food processing industry, and increase farmer income.
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3.Food Safety and Standards Act, 2006: This law was passed in order to guarantee the country’s food supply’s safety and quality. The act streamlines the food regulatory system and creates a single point of reference for all issues pertaining to standards and food safety.
- Ease of Doing Business: The Indian government has made a number of measures to enhance the ease of doing business in the nation, including streamlining regulatory processes, lowering the burden of compliance, and digitising processes. These actions should make it simpler for business owners to establish and run food processing operations in the nation.
- Make in India: The 2014 launch of the Make in India project aims to encourage manufacturing in the nation and turn India into a hub of global manufacturing. One of the initiative’s major areas is the food processing industry, and the government has taken a number of measures to encourage investment there.
- Export Promotion Schemes: The Indian government has put in place a number of programmes, such as the Agricultural Export Policy and the Market Access Initiative (MAI) programme, to encourage the export of food goods. These programmes offer financial support and other incentives to food processing companies in order to encourage exports and increase their global reach.
Ultimately, it is anticipated that these actions and legislation will create a favourable climate for food processing enterprises in India and encourage their expansion.
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