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What is the News?
The Ministry of Food Processing Industries(MoFPI) has launched several initiatives in the year 2021.
Initiatives by MoFPI in 2021
National Institute of Food Technology Entrepreneurship and Management (NIFTEM) Act 2021: It was passed in 2021 to declare NIFTEM and IIFPT as Institutions of National Importance (INI). The INI status will enable the institutes to have functional autonomy, premium branding of the institution, start new innovative courses, attract the best faculties / students, etc.
Production Linked Incentive Scheme for Food Processing Industry
Prime Minister- Formalization of Micro Food Processing Enterprises (PM-FME) scheme
Northeast Summit on Food Processing Industries: Union Minister of State for Food Processing Industries this summit at IIM Shillong with the aim of building partnership for inclusive growth in the food processing sector in the region.
The MoFPI constituted a Project Development Cell with the prime objective of accelerating investments.
Source: This post is based on the article ‘Year-End Review of Ministry of Food Processing Industries(MoFPI)’ published in PIB on 21st January 2022.
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