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
Production Linked Incentive PLI scheme was envisaged as the program to infuse much-needed capital and generate revenue streams across 14 sectors. PLI has helped food processing industry: A Facilitating value addition: 1. Increased food-processing plants (established post PLI) 2. Processing methods got revamped. 3. Market-demand based initiatives and products produced. 4. Supply and storage of processed products - longer shelf life - better value realisation 5. Skilling and re-skilling of local entrepreneurs 6. Development of cold-storage facilities.
B Employment generation: 1. Created employment opportunities at local level 2. Availability of low-skill jobs 3. Increased employability via skilling initiatives 4. [Inclusive] job creation SC/STs, Minorities & Women, Third gender C Global competitiveness: 1. Processed food export potential realised. 2. Better value chain integration in global markets. 3. Enhanced awareness about healthy alternatives. 4. Coupling with locally-produced, organically-grown certification. 5. Setting up food parks and post-processed storage.
Limitations of PLI Scheme: 1. Limited investment attracted in food processing sector. 2. Lack of employment generation - lesser than anticipated, capital-intensive industries 3. Reduced local value chain integration - major food choices remained same c Table could not replace burgers. 4. Food quality and certification errors 5. Use of costumants & below-standard spices - limits export potential 6. Dominance of few major players Way ahead: 1. Increased support to local memos & food ventures 2. Revamped employment-linked fast incentive scheme ELI Thus, food processing holds true potential to achieve (SDG-2) and create $ 5 billion economy.
Conclusion
Thus, food processing holds true potential to achieve (SDG-2) and create $ 5 billion economy.
15 words
VISHWAJEET GUPTA
Agriculture and Food Security
Food processing
Production Linked Incentive Scheme effectiveness
257
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1
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analytical
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