Production Linked Incentive Scheme for the Food Processing Industry Latest News
The Production Linked Incentive Scheme for the Food Processing Industry (PLISFPI) has shown encouraging results, with cumulative investment exceeding nine thousand crore rupees against a committed investment of around seven thousand crore rupees.
About Production Linked Incentive Scheme for the Food Processing Industry
- It was launched by the Ministry of Food Processing Industries.
- It is a major initiative aimed at strengthening India’s food processing sector, promoting Indian brands in global markets, and creating global food manufacturing champions.
- It focuses on increasing value addition in the food processing sector, expanding processing capacity, and generating employment, particularly in rural areas and off-farm sectors.
- Financial Outlay and Time Period: The scheme is being implemented for a period of six years from FY 2021–22 to FY 2026–27 with a total financial outlay of ₹10,900 crore.
- The components of the Scheme are
- Incentivising manufacturing of four major food product segments viz. Ready to Cook/ Ready to Eat (RTC/RTE) foods, Processed Fruits & Vegetables, Marine Products and Mozzarella Cheese.
- To production of Innovative / Organic products of SMEs
- To support branding and marketing abroad to incentivize emergence of strong Indian brands for in-store Branding, shelf space renting and marketing.
Objectives of Production Linked Incentive Scheme for the Food Processing Industry
- Support Food manufacturing entities with stipulated minimum Sales and willing to make minimum stipulated investment for expansion of processing capacity and Branding abroad to incentivise emergence of strong Indian brands.:
- Support creation of global food manufacturing champions;
- Strengthen select Indian brand of food products for global visibility and wider acceptance in the international markets;
- Increase employment opportunities of off-farm jobs,
- Ensuring remunerative prices of farm produce and higher income to farmers.
Source: PIB
Last updated on April, 2026
→ UPSC Final Result 2025 is now out.
→ UPSC has released UPSC Toppers List 2025 with the Civil Services final result on its official website.
→ Anuj Agnihotri secured AIR 1 in the UPSC Civil Services Examination 2025.
→ UPSC Marksheet 2025 is now out.
→ UPSC Notification 2026 & UPSC IFoS Notification 2026 is now out on the official website at upsconline.nic.in.
→ UPSC Calendar 2026 has been released.
→ Check out the latest UPSC Syllabus 2026 here.
→ UPSC Prelims 2026 will be conducted on 24th May, 2026 & UPSC Mains 2026 will be conducted on 21st August 2026.
→ The UPSC Selection Process is of 3 stages-Prelims, Mains and Interview.
→ Prepare effectively with Vajiram & Ravi’s UPSC Prelims Test Series 2026 featuring full-length mock tests, detailed solutions, and performance analysis.
→ Enroll in Vajiram & Ravi’s UPSC Mains Test Series 2026 for structured answer writing practice, expert evaluation, and exam-oriented feedback.
→ Join Vajiram & Ravi’s Best UPSC Mentorship Program for personalized guidance, strategy planning, and one-to-one support from experienced mentors.
→ Shakti Dubey secures AIR 1 in UPSC CSE Exam 2024.
→ Also check Best UPSC Coaching in India
Production Linked Incentive Scheme for the Food Processing Industry FAQ's
Q1. What is the primary objective of the Production Linked Incentive Scheme for Food Processing Industry?+
Q2. What is the total outlay of the Production Linked Incentive Scheme for Food Processing Industry?+
Tags: prelims pointer production linked incentive scheme for the food processing industry upsc prelims articles upsc prelims current affairs
