Updated: August 04, 2017
CHENNAI: Tamil Nadu with its rich agrarian tradition would stand to benefit a lot from the Pradhan Mantri's Sampada Scheme, said Union Minister Harsimrat Kaur Badal on Thursday while attending a roadshow during the World Food India 2017 conference, organized by the Ministry of Food Processing and CII.
"With an allocation of Rs 6,000 crore over the next three year for Sampada (Scheme for Agro- Marine Processing and Development of Agro-Processing), there is a potential to double farmers income by 2020. There are subsidies for small agro processing clusters, farm infrastructure, equipment and seeds under the scheme, which is positioned to help 20 lakh farmers and generate employment for 5 lakh more," said the Minister.
"As many as 42 Mega Food Parks have been planned; they will all be operational in two years. For this scheme, we will plough in Rs 2,100 crore, which we hope will translate into investments of Rs 10,500 crore. Once these parks are functional it can provide value for 12.50 lakh farmers and create 2.50 lakh new jobs."
On the Mega Food Park coming up in Coimbatore, she said there has been an investment of Rs 130 crore - with the Centre funding Rs 50 crore - to create this park on a 50-acre spread of land. The Minister also exhorted more farmers in TN to take up organic farming.
"The demand for organic produce is high and the prices they can fetch in the global market is also really good," she said.
Source: The Times of India