Odisha govt plans to set up five food parks by 2020

PTI | Mumbai | Updated: 29-08-2019 20:19 IST | Created: 29-08-2019 20:19 IST
Odisha govt plans to set up five food parks by 2020

With a view to give a boost to the food processing industry, the Odisha government has planned to set up five food parks by end of 2020, a senior official said. The Odisha government is also in the last stage of finalising its revised food processing policy as well as the industrial policy.

"We already have two food parks fully operational. We want to add another five. We have identified the locations and we are hopeful that they will come up by the end of 2020," Sanjeev Chopra, deparment of industries told PTI here on the sidelines of the 12th FICCI Foodworld 2019 summit. He said the company had introduced the food processing policy for the state in 2016, but we thought it needs to be updated to be more in sync with the time.

"We feel, by the end of this year, the revised policy will be in place. We are also working on the new industrial policy which also gives focus to food processing," Teli said. The state government has already embarked on a 5 year plan which entails giving a boost to six sectors including food processing is one of the key focus areas.

As per the five-year plan, the government expects an investment of nearly Rs 2.5 lakh crore which will provide employment to 10 lakh people. "In the food processing industry itself, we have received an investment commitment of over Rs 4,860 crore. We are hopeful we will get a good response for our parks as well," he said.

Chopra further said that companies like Parle, Britannia, ITC, among others are also expanding their presence in the state. When asked if the company sees any negative impact of the higher GST on confectionery on investments in the state, he said, "GST is a subject matter of the centre. The state government, however, gives reimbursements on SGST.

Therefore, we are also inviting Tier 2 companies to invest in the state." PTI PSK AP AP.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)



Viral variants and vaccine nationalism pose two-pronged threat to Covid victory

... ...

Tracking Fintech during COVID-19: Harnessing power of technology

Its abundantly clear now that as fintech cements its place in the financial sector, accelerated further by the COVID-19 pandemic, it could open the sector to new possibilities by harnessing the power of technology to deliver financial ...

Tectonic turns: How technology shaped healthcare over the decades

Tracing an episodic evolution, with technology at the interface of human and his health....

World Water Day sees crises of inequality in countries both rich and poor

... ...


Latest News

Streak banned for eight years for breaching ICC's anti-corruption code

Former Zimbabwe captain Heath Streak was on Wednesday banned for eight years from all cricket after he accepted five charges of breaching the ICC anti-corruption code, including disclosing inside information and facilitating corrupt approac...

They laugh at you, then you win: Rahul Gandhi as Centre approves Russia's Sputnik-V vaccine

Congress leader Rahul Gandhi on Wednesday took a jibe at the central government after it granted permission for emergency use authorisation of Sputnik-V, the Russian vaccine against COVID-19. First they ignore you. Then they laugh at you. T...

CHEP unveils global 2025 Sustainability Goals with the ambition to pioneer regenerative supply chains

CHEP, one of the worlds most sustainable logistics businesses, and a pioneer of circular economy principles has unveiled its 2025 global Sustainability Goals, a roadmap for building regenerative supply chains that help repair damage to the ...

Maruti logs highest ever sales of CNG cars at 1.57 lakh units in FY21

Maruti Suzuki India MSI on Wednesday said it has sold over 1.57 lakh CNG cars in FY21, its highest ever in a fiscal.The auto major had sold 1,06,444 CNG units in 2019-20.MSI sells a range of factory-fitted CNG cars, including Alto, Celerio,...

Give Feedback