Tuesday, October 15, 2019
News

Himachal keen for investment in food processing units

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Shimla | Sunday, 2019 5:15:05 PM IST
The Himachal Pradesh government is providing all possible assistance to entrepreneurs for establishing food and fruit processing units that will help provide employment and strengthen the economy, Chief Minister Jai Ram Thakur said on Sunday.

He was speaking through video conference from Shimla after inaugurating Cremica Food Park, set up with an investment of Rs 110 crore, at Singha village in Una district.

Union Food Processing Minister Harsimrat Kaur Badal was also present through video conference from New Delhi, a state government statement said.

Thakur said this food park has been established under the Mega Food Park Scheme launched by the Union government and expected investments of Rs 300 crore, which would not only open new vistas of development in the area, but also strengthening the agricultural economy.

The Chief Minister said the state's biggest advantages for the investors are the availability of quality power at most competitive rates and a peaceful environment.

The state is making all-out efforts to attract investment and is holding a global investor summit in Dharamsala on June 10 and 11.

In his budget speech on Saturday, the Chief Minister said Union Food Processing Ministry has included Pandoga industrial area in Una district, Kandrouri in Kangra district and Aduwal in Solan district in the list of approved food parks.

Enterprises establishing food processing units in these areas will be eligible to get loans at concessional terms and will also be eligible for 50 per cent subsidy on additional investment under Kisan Sampada Yojna of the Union government, he said.

--IANS vg/vd

( 267 Words)

2019-02-10-16:36:07 (IANS)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE BUSINESS NEWS
Withdrawal limit for PMC Bank depositors...
Ministry mulling threshold for homebuyer...
Moody's downgrades Indiabulls after RBI'...
ED attaches assets worth Rs 3,830 cr in ...
RBI imposes Rs 1 crore penalty on Lakshm...
5G may add 0.35-0.5% to India's GDP by 2...
More...
 
INDIA WORLD ASIA
Tamil politician booked for justifying R...
Training of national trainers begins for...
Congress wanted to pursue Muslim vote ba...
CBI registers case against 7 persons in ...
#AbhijitBanerjee trends on Twitter, user...
'Assam had highest minorities' deaths du...
More...    
 
 Top Stories
SC seeks Centre, states' views on P... 
Ministry mulling threshold for home... 
50 lakh get hospitalisation benefit... 
Vahbiz Dorabjee sheds 13 kilos for ... 
Prabhudheva: Creating new cop image... 
Withdrawal limit for PMC Bank depos... 
5G may add 0.35-0.5% to India's GDP... 
Fouaad Mirza wins Olympic qualifyin...