ASSISTANCE TO FPIs IN SOUTHERN STATES

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RAJYA SABHA

Ministry of Food Processing Industries extended financial assistance of Rs. 155.04 lakh to Andhra Pradesh and Rs. 47.95 lakh to Karnataka during 2002-03 for implementation of major schemes in these States. The financial assistance given to Kerala and Tamil Nadu during the same period amounted to Rs. 389.9 lakh and 365.79 lakh respectively. This information was given in Rajya Sabha today by Shri N.T. Shanmugam, Minister of State for Food Processing Industries in a written reply.

The Ministry extends financial assistance in the form of grant-in-aid under its Plan Schemes to Private Sector/Non-Government Organisation/Public Sector Undertakings/Human Resource Development Organisations/Research & Development Institutions for the development of the processed food sector. The quantum of assistance varies from activity to activity.

The financial assistance provided by the Ministry is expected to result in development of the sector; the minister added.