India Growth : INR 10 thousand crores for micro food enterprises
India Growth : INR 10 thousand crores
India News : Keeping in view the slogan of "Vocal for Local", the Indian Government has announced a grant of Rs. 10 thousand crores to the micro food enterprise. This is so that branding and marketing can be done keeping in mind the food standers. This assistance will be provided through agricultural produce institutions, self-help groups and cooperatives.
The scheme will be launched by adopting cluster-based approach such as makhana in Bihar, kesar in Jammu and Kashmir, mango in Uttar Pradesh, bamboo shoots in Northeast, chilli in Andhra Pradesh, tapioca in Tamil Nadu. "This fund would help in reaching untapped export markets in view of improved health consciousness," the FM said.