To what extent has the Production Linked Incentive Scheme for the food processing industry facilitated value addition, employment generation, and global competitiveness in India's food processing industry? (Answer in 250 words)
Main Body
Food Processing industry in recent years has emerged as a sunrise industry, with high growth potential. Production-linked Incentive PLI aims to promote green field FPI plants through fiscal and monetary incentives. Facilitated value addition: Promotion of agri-industry linkages along with infrastructure; Income augmentation through value addition; Increased shelf life and hence better price discovery. Limitations: Only 9% of both culture products are value added. Prevalence of primary value addition by any fruits, etc. Facilitated employment: Employment-labour intensive industry; Inclusion of women in workforce; Promotion of skills among rural areas. Limitations: Limited credit availability and hence limited mechanism of process; Seasonal and domestic employment; Fragmented and small-scale production units.
Alase Hrishikesh Rajendra
Agriculture and Food Security
Food Processing
Food processing
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analytical
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