homeagriculture NewsPM says India needs food processing revolution through PPP mode

PM says India needs food processing revolution through PPP mode

Modi said: ”There is a need for post-harvest revolution or food processing revolution and value additions.” He said it would have been better if food processing was given attention 2-3 decades earlier.

By PTI Mar 1, 2021 12:34:50 PM IST (Updated)


Prime Minister Narendra Modi on Monday said there is a need to bring a food processing revolution in the country through a public-private-partnership. Addressing a webinar on budget provisions for the farm sector, he highlighted the various initiatives taken by the government in the Budget for the next fiscal, including increasing the target of agriculture credit to Rs 16.5 lakh crore from Rs 15 lakh crore in the current financial year.
He emphasised on effective implementation of the Budget provisions. Modi said the government has taken various decisions for the benefit of 12 crore small and marginal farmers. These small and marginal farmers would become the driving force of the rural economy, he added. With the country’s foodgrains production increasing, Modi said: ”There is a need for post-harvest revolution or food processing revolution and value additions.” He said it would have been better if food processing was given attention 2-3 decades earlier.
Modi said the food processing sector needs to be developed at a faster pace. For the food processing revolution, he said, the participation of farmers as well as public-private partnerships need to be increased. The Prime Minister said that the public sector has mainly contributed towards R&D in the agriculture sector, and now the time has come to increase the private sector’s participation in it. He also stressed that farmers should be given alternatives so that they do not remain limited to growing wheat and paddy.