MOFPI - Scheme for Creation/Expansion of Food Processing /Preservation Capacities

1. MOFPI - Scheme for Creation/Expansion of Food Processing /Preservation Capacities :Presentation By: M/S Institute for Industrial Development A unit of M/S Samadhan Samiti Sidhivinayak Building, 27/1/B-Gokhley Marg, Lucknow-226001 Social Media : Youtube:http://www.youtube.com/EntrepreneurIndiaTv Facebook: http://www.facebook.com/SamadhanIID Twitter: http://www.twitter.com/SamadhanIID Website:http://www.entrepreneurindia.tv Enquiry email iidincubator17@gmail.com Contact: 7408733333, 7607655555

2. Objectives The main objective of the Scheme is creation of processing and preservation capacities and modernisation/ expansion of existing food processing units with a view to increasing the level of processing, value addition leading to reduction of wastage. The setting up of new units and modernization/ expansion of existing units are covered under the scheme

3. Implementing Agency Scheme is implemented through organizations such as Central & State PSUs/ Joint Ventures/ Farmer Producers Organization (FPOs)/ NGOs/ Cooperatives/ SHG’s/ Pvt. Ltd companies/ individuals proprietorship firms engaged in establishment/ upgradation/ modernization of food processing units. Proposals under the scheme are invited through Expression of Interest (EOI) and Project Management Agencies (PMA) are engaged by MOFPI to assist in the implementation of the scheme.

4. Project Components Eligible project components for grant includes the cost of plant & Machinery and Technical civil work. Cost of ‘Utilities’ essential for the plant i.e. Water pipeline, DG set, Boiler, Solid waste treatment plant, ETP etc. are also considered under eligible project cost subject to restriction of above cost being maximum 25% of the total project cost

5. Pattern Of Assistance 35% of the eligible project cost subject to a maximum of Rs. 5.00 crore in General Areas 50% of the eligible project cost subject to a maximum of Rs. 5.00 crore in North Eastern States including Sikkim and Difficult areas including Himalayan States (Himachal Pradesh, J&K & Uttarakhand), State Notified ITDP areas and Islands

6. Pattern of Release of Grant The second instalment is released on the commencement of commercial and submission of documents regarding utilization of 1st instalment of grant and 100% of Term Loan as well as 100% of Promoter’s contribution. The first installment of grant is released after the firm has utilized 50% of the term loan as well as 50% of promoter’s contribution and on production of the required documents.

7. Eligible Sector : • Food and vegetable processing. • MilkProcessing • Meat/ poultry/fish processing, • Ready to Eat / Ready to Cook Food roducts/ Breakfast cereals/ Snacks / bakery and other food products including nutritional health foods. • Grains/pulses, oil seed milling and processing based on modern technology. • Modern Rice milling, preference will be given to Eastern (Odisha, W. Bengal, Bihar& Jharkhand) &North Eastern States. • Other agri-horti products including spices, coconut, soybem, mushroom processing, honey processingetc.

8. Eligible Sector .Contd : • Fruits/ Honey based wines. • Natural Food flavors, food additives/ food extracts &colours, oleoresins (not synthetic), guar gum, cocoa products etc. • Processing plants that makes food products fit for human and animal consumption to be set up in Mega FoodParks.

9. Eligible Processing Activities • sorting, grading, washing, peeling, cutting,sizing; • blanching, crushing, extraction,pulping; • drying, de-husking,de-hulling,splitting, depoding,deseeding,color sorting, • pulverization,extrusion,freezedrying/dehydration,frying,etc.; • Pasteurization, homogenization, evaporation, concentration,etc. • Packaging facilities like canning, aseptic packaging, vacuum packaging, • bottling, edible packaging, labelling, any other specialized packagingetc.

10. Eligible Processing Activities. Contd • Chemicalpreservation,pickling,fermentationoranyotherspecializedfacilityrequired forpreservationactivitiesetc • Individual Quick Freezing (IQF), blast freezing, plate freezing, spiral quick freezingetc. • Controlled temperature transport like coolers / refrigerated / insulated /ventilated transport. • All other processing / preservation/ transport / storage facilities etc. adjunct to value addition and shelf life enhancement of food products would be eligible. Standalone activities like temperature controlled transportation/ storage facilities etc. will not be considered under this scheme. The project should include and result increation/increase inprocessing capacity

11. . Pattern of Release of Grant The grant-in-aid under the scheme is released in three instalments of 25%, 40% and 35% as per following schedule: ­: 1stinstallment of 25% of the total grant under the scheme is released after ensuring that 25% of the promoter’s contribution and 25% of the term loan has been spent on the project; 2ndinstallment of another 40% of the total grant is released after ensuring that utilization of first installment of grant, 65% of promoter’s contribution & 65% of term loan; 3rd and final installment of remaining 35% of the grant assistance is released after ensuring utilization of the second installment and 100% of promoter’s contribution and 100% of term loan

12. M/S Institute for Industrial Development A unit of M/S Samadhan Samiti Sidhivinayak Building, 27/1/B-Gokhley Marg, Lucknow-226001 Social Media : Youtube:http://www.youtube.com/EntrepreneurIndiaTv Facebook: http://www.facebook.com/SamadhanIID Twitter: http://www.twitter.com/SamadhanIID Website:http://www.entrepreneurindia.tv Enquiry email iidincubator17@gmail.com Contact: 7408733333, 7607655555