Union Minister of Food Processing Industries Harsimrat Badal inaugurated the First Mega Food Park of Telangana in Lakkampally at Village Lakkampally, Nandipet Mandal of Nizamabad District.
About:
Objective: To give a major boost to the food processing sector by adding value and reducing food wastage at each stage of the supply chain with particular focus on perishables.
Parent ministry of scheme: Ministry of Food Processing Industries.
Implementing agencies:
The Mega Food Park project is implemented by a Special Purpose Vehicle (SPV) which is a Body Corporate registered under the Companies Act.
However, State Government, State Government entities and Cooperatives are not required to form a separate SPV for implementation of Mega Food Park project.
Funding: Under the Scheme, Government of India provides financial assistance upto Rs. 50 Crore per Mega Food Park project.
Cluster approach: The Mega Food Park Scheme is based on “Cluster” approach and envisages creation of state of art support infrastructure in a well-defined agri / horticultural zone for setting up of modern food processing units along with well-established supply chain.
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