Policy initiatives to plug supply side and infrastructure bottlenecks

♤ Foster development of backward linkages by evolving conducive regulatory framework for contract and corporate farming

♤ The North Eastern Region, the Hilly States (J&K, HP and Western UP), the Islands (A&N, Lakshadweep) areas in the country should be given special consideration as they are naturally conducive for Food Processing Industries.

♤ Encourage commodity clusters and intensive livestock rearing.

♤ Promote private sector participation with well-defined roles of the participants, risk sharing mechanisms, fiscal incentives and partnership models for creation of infrastructure for logistics, storage and processing.

♤ Encourage technology up gradation of existing facilities and investment in development of ancillary industries like research and development, packaging, food processing equipment manufacturing, food safety certifying agencies by extending fiscal incentives to investors.

♤ Enable better access to credit by augmenting current cap of Rs 10 crore investments in plant and machinery to qualify as Priority Sector Credit to accommodate the high cost technology adoption and scale enhancement.