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Home Economy

Zoram Mega Food Park

July 21, 2020
in Economy
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Zoram Mega Food Park
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The Zoram Mega Food Park Ltd was inaugurated at Kolasib in Mizoram through a virtual conference. The Food Park built at a cost of Rs 75 crore and spread over 55 acres of land will directly benefit over 25,000 farmers and will provide employment opportunities to over 5,000 people in the region.

Mega Food Park

The Scheme of Mega Food Park aims at providing a mechanism to link agricultural production to the market by bringing together farmers, processors and retailers so as to ensure maximizing value addition, minimizing wastage, increasing farmers income and creating employment opportunities particularly in the rural sector. 

The Mega Food Park Scheme is based on the “Cluster” approach and envisages creation of state of art support infrastructure in a well-defined agri / horticultural zone for setting up of modern food processing units in the industrial plots provided in the park with a well-established supply chain. Mega food parks typically consist of supply chain infrastructure including collection centers, primary processing centers, central processing centers, cold chains and around 25-30 fully developed plots for entrepreneurs to set up food processing units.

The Mega Food Park project is implemented by a Special Purpose Vehicle (SPV) which is a body corporate registered under the Companies Act. State government, state government entities and cooperatives are not required to form a separate SPV for implementation of Mega Food Park project. 

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Source: PIB
Tags: Prelims

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