Bikano eyes Rs 200 Cr through export market, launches frozen products in international market
The ministry of food processing industries (MoFPI) with the objective of Reducing the distance between Farm & Fork, providing Financial assistance to set up Integrated Cold Chain Projects UNDER PRADHAN MANTRI KISAN SAMPADA YOJANA(PMKSY).
MoFPI has issued a notice inviting expressions of interest (EoIs) from potential promoters for two schemes under the PMKSY, namely backward and forward linkages in the processed food industry and integrated cold chain and value addition infrastructure.
The ministry stated that the interested investors may submit their proposal through the online portal and only as per the revised guidelines which was updated in February 2018.
As per the notice, the deadline for submitting the EoIs will be April 30, 2018. Proposals submitted via physical mode will not be accepted. The submitted proposals will be evaluated on a monthly basis till the total number of proposals under the scheme that is 50, gets exhausted.
Meanwhile, the ministry has also issued an EoI inviting proposals for the integrated cold chain and value addition infrastructure scheme with the aim to set up integrated cold chain projects in the country.
The willing entrepreneurs were instructed to submit their proposals, with the relevant details, as per the revised operational guidelines of the scheme updated as of March 8, 2018.
The objective of PMKSY, launched on August 23, 2017, is to target creation of infrastructure and increasing capacities of processing and preservation in the entire supply chain of the food processing sector, from the farm to the retail outlets.
It will help in integrating food processing units and food trade with the farmers by creating employment opportunities.