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Haryana government notifies Agri Business & Food Processing Policy ’18
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Thursday, 14 June, 2018, 08 : 00 AM [IST]
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Ashwani Maindola, New Delhi
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The Government of Haryana has notified a policy for the food processing industry, which is called Agri Business and Food Processing Policy 2018 and aimed at giving an impetus to the processing industry in the northern state. “It is expected to fetch nearly Rs 4,000 crore investment in the state,” said state industries minister Vipul Goel in a statement issued by the state government.
He added that the policy was aimed at giving the required impetus to the food processing industry and providing greater employment opportunities across the entire food value chain in the state, stating that one of the primary goals of policy was to increase the level of processing in perishables, such as fruits, vegetables, dairy and fishery, by 10 per cent in the next five years.
In the statement, Goel said that this policy laid equal emphasis on providing skilled manpower, robust infrastructure and conducive business climate for the all-round development of the sector.
“New drivers of growth, such as market fee exemption, development of mini food parks, cold chain and value-added infrastructure, encouragement to farmer producer organisations, support to agri and food cooperatives and promotion of start-ups in the agri-business space, have been given due emphasis in the policy,” he added.
“The policy provided various fiscal incentives to individual units in Haryana, infrastructure augmentation measures across the value chain, regulatory simplification for the food processing industry and skill development initiatives. It also promoted the setting up of mini food parks to further augment the infrastructure measures in backward regions,” he added.
Under the capital investment subsidy for agro and food processing units, and farmer producer organisations (FPOs), a 25 per cent capital investment subsidy on fixed capital investment (FCI) limited to Rs 1 crore made available to new units to be set up in C and D category blocks.
Assistance for individual units to set up in food parks in C and D category blocks include capital investment subsidy of 25 per cent on fixed capital investment limited to Rs 1 crore, along with State Goods and Services Tax (SGST) reimbursement of 100 per cent (net tax) reimbursement for a period of 10 years, from the date of commencement of commercial production with cap of 100 per cent of FCI.
Further, the incentives under this provision shall be applicable to new, expanded or diversified units setting up in old food parks and new units to be set up in mega food parks or mini food parks in C and D category blocks.
For individual units to be set up in food parks in A and B category blocks, capital investment subsidy is 25 per cent on FCI limited to Rs 50 lakh. Besides, there would be support on quality and certification and packaging technology.
Currently, Haryana has over 3,000 operative food processing units. Further the state is equipped with four food parks with two fully functional food parks at Rai and Saha. Mega food parks are being set up in Barhi and Rohtak with state-of-the-art common infrastructure facilities under the ministry of food processing industries‘ (MoFPI) mega food park scheme.
Nine cold chain projects are currently being implemented under MoFPI assistance. Out of these, four projects have already been completed and the remaining are underway.
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