{"id":97193,"date":"2026-04-08T15:11:46","date_gmt":"2026-04-08T09:41:46","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=97193"},"modified":"2026-04-08T15:11:46","modified_gmt":"2026-04-08T09:41:46","slug":"production-linked-incentive-scheme-for-the-food-processing-industry","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/production-linked-incentive-scheme-for-the-food-processing-industry\/","title":{"rendered":"Production Linked Incentive Scheme for the Food Processing Industry"},"content":{"rendered":"<h2><b>Production Linked Incentive Scheme for the Food Processing Industry Latest News<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The <strong><a href=\"https:\/\/vajiramandravi.com\/current-affairs\/pli\/\" target=\"_blank\">Production Linked Incentive Scheme<\/a><\/strong> 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.\u00a0\u00a0<\/span><\/p>\n<h2><b>About Production Linked Incentive Scheme for the Food Processing Industry<\/b><\/h2>\n<ul>\n<li><span style=\"font-weight: 400;\">It was launched by the <\/span><b>Ministry of Food Processing Industries.<\/b><\/li>\n<li><span style=\"font-weight: 400;\">It is a major initiative aimed at strengthening <\/span><b>India\u2019s food processing sector<\/b><span style=\"font-weight: 400;\">, promoting Indian brands in global markets, and creating global food manufacturing champions.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">It focuses on <\/span><b>increasing value addition in the food processing sector<\/b><span style=\"font-weight: 400;\">, expanding processing capacity, and generating employment, particularly in rural areas and off-farm sectors.\u00a0<\/span><\/li>\n<li><b>Financial Outlay and Time Period:<\/b><span style=\"font-weight: 400;\"> The scheme is being implemented for a period of six years from <\/span><b>FY 2021\u201322 to FY 2026\u201327 <\/b><span style=\"font-weight: 400;\">with a total financial <\/span><b>outlay of \u20b910,900 crore.<\/b><\/li>\n<li><b>The components of the Scheme are\u00a0<\/b>\n<ul>\n<li><b>Incentivising manufacturing of four major food product segments<\/b><span style=\"font-weight: 400;\"> viz. Ready to Cook\/ Ready to Eat (RTC\/RTE) foods, Processed Fruits &amp; Vegetables, Marine Products and Mozzarella Cheese.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">To production of Innovative \/ Organic products of SMEs<\/span><\/li>\n<li><b>To support branding and marketing<\/b><span style=\"font-weight: 400;\"> abroad to incentivize emergence of strong Indian brands for in-store Branding, shelf space renting and marketing.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2><b>Objectives of Production Linked Incentive Scheme for the Food Processing Industry<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Support Food manufacturing entities<\/b><span style=\"font-weight: 400;\"> 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.:<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Support creation of <\/span><b>global food manufacturing champions<\/b><span style=\"font-weight: 400;\">;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Strengthen select Indian brand<\/b><span style=\"font-weight: 400;\"> of food products for global visibility and wider acceptance in the international markets;<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Increase employment opportunities<\/b><span style=\"font-weight: 400;\"> of off-farm jobs,<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ensuring remunerative prices of farm produce and higher income to farmers.<\/span><\/li>\n<\/ul>\n<p><strong>Source: <a href=\"https:\/\/www.pib.gov.in\/PressReleasePage.aspx?PRID=2249621&amp;reg=3&amp;lang=1\" target=\"_blank\" rel=\"nofollow noopener\">PIB<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PLISFPI drives growth in India\u2019s food processing sector with \u20b910,900 crore support, boosting investment, exports, value addition and rural employment.<\/p>\n","protected":false},"author":24,"featured_media":97173,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[3815,6703,115,23],"class_list":{"0":"post-97193","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"tag-prelims-pointer","9":"tag-production-linked-incentive-scheme-for-the-food-processing-industry","10":"tag-upsc-prelims-articles","11":"tag-upsc-prelims-current-affairs","12":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/97193","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=97193"}],"version-history":[{"count":4,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/97193\/revisions"}],"predecessor-version":[{"id":97247,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/97193\/revisions\/97247"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/97173"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=97193"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=97193"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=97193"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}