May 03, 2021, PIB:- Download PDF Here
TABLE OF CONTENTS
1. Asian Development Bank 2. Production Linked Incentive Scheme for the Food Processing Industry
Context:
Finance Minister participated in Governor’s Seminar as part of Asian Development Bank’s annual meeting 2021.
Details:
- The Governor’s Seminar was held as part of the ADB’s annual meeting and it was on “Cooperation for a Resilient Future”.
For more information on the Asian Development Bank (ADB), click on the linked article.
2. Production Linked Incentive Scheme for the Food Processing Industry
Context:
The Ministry of Food Processing Industries issued guidelines for ‘Production Linked Incentive Scheme for the Food Processing Industry.
Background:
- As part of the government’s announcement of Atmanirbhar Bharat Abhiyan, a central sector scheme ‘Production Linked Incentive (PLI) Scheme for Food Processing Industry’ was approved for implementation during 2021-22 to 2026-27.
- The chief objective of the scheme is to support the creation of global food manufacturing champions commensurate with India’s natural resource endowment and support Indian brands of food products in the international markets.
Know more about the PLI scheme in the link.
What’s New?
- Along with the operational guidelines, the ministry also unveiled an online portal for the PLI Scheme for Food Processing Industry (PPLISFPI).
Read previous PIB here.
May 03, 2021, PIB:- Download PDF Here
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