The Creation/Expansion of Food Processing & Preservation Capacities (CEFPPC) Scheme is a government initiative in India aimed at promoting food processing and preservation capacities in the country. The scheme was launched in 2020 under the Atmanirbhar Bharat Abhiyan (Self-Reliant India Campaign) and is administered by the Ministry of Food Processing Industries (MoFPI).
The CEFPPC scheme aims to enhance food processing and preservation capacities in the country by providing financial assistance for the creation and expansion of food processing units. The scheme provides funding for various activities such as the construction of food processing units, the purchase of machinery and equipment, and the installation of cold storage facilities.
Let us understand a bit more about this scheme in this article
The Creation/Expansion of Food Processing & Preservation Capacities (CEFPPC) Scheme has the following objectives:
1. To promote investment in the food processing sector: The scheme aims to encourage entrepreneurs and organizations to set up new food processing units or expand their existing units by providing financial assistance.
2. To enhance the processing capacity and efficiency of the industry: The scheme aims to increase the processing capacity and efficiency of the food processing industry in India by providing financial assistance for the establishment of new units and expansion of existing units.
3. To reduce the wastage of agricultural produce: The scheme aims to reduce the wastage of agricultural produce by promoting the processing of agricultural produce into value-added products.
4. To create employment opportunities: The scheme aims to create employment opportunities in rural and semi-urban areas by promoting investment in the food processing sector.
5. To enhance the income of farmers: The scheme aims to increase the income of farmers by promoting the processing of agricultural produce into value-added products and by reducing the wastage of agricultural produce.
6. To promote exports of processed food products: The scheme aims to promote the exports of processed food products by enhancing the processing capacity and efficiency of the food processing industry in India.
Overall, the CEFPPC Scheme aims to promote the growth and development of the food processing sector in India, which has tremendous potential for creating employment opportunities, enhancing the income of farmers, and contributing to the overall economic development of the country.
The Creation/Expansion of Food Processing & Preservation Capacities (CEFPPC) Scheme is a government initiative aimed at promoting food processing and preservation in India. The scheme has several benefits, including:
The CEFPPC Scheme promotes the development of food processing industries, which can create job opportunities for people in rural and urban areas. This can help to reduce unemployment and improve the standard of living of the people.
The scheme encourages the preservation of food, which can help to reduce post-harvest losses and ensure that food is available throughout the year. This can help to improve food security, particularly in areas that are prone to food shortages.
By promoting food processing, the scheme can help farmers to add value to their crops and earn higher prices for their produce. This can help to increase t
their income and reduce their dependence on middlemen.
The CEFPPC Scheme aims to promote small and medium enterprises in the food processing sector. This can help to create a more diverse and competitive market, which can benefit consumers and promote economic growth.
The scheme also aims to promote food processing for export. This can help to increase India's exports and improve the country's balance of trade.
The CEFPPC Scheme promotes the adoption of modern technologies and best practices in food processing and preservation. This can help to improve the safety and quality of food products, which can benefit consumers and enhance India's reputation in the global market.
The CEFPPC Scheme is a government initiative aimed at promoting food processing and preservation in India.
The CEFPPC Scheme is open to individuals, farmers, self-help groups, NGOs, cooperatives, companies, and other entities involved in food processing and preservation.
The amount of funding available under the CEFPPC Scheme varies depending on the nature and scope of the project. However, the government provides a subsidy of up to 35% of the eligible project cost, with a maximum limit of Rs. 10 crores per project.
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