India plans to invest $1 billion in the second phase of a millet-based food processing program.
The Ministry of Food Processing Industries wants to enhance millet-based food processing in India by launching the second phase of the Production-linked Incentive (PLI) scheme and allocating Rs 1,000 crore to it.
The second phase of the Production-linked Incentive (PLI) scheme, which has a sizable budget of Rs 1,000 crore, is about to be launched by the Ministry of Food Processing Industries in an effort to support the millet-based food processing industry in India. The Ministry’s Secretary, Anita Praveen, revealed that this new phase, which follows the initial phase’s grant of Rs 800 crore during the prior fiscal year, is awaiting approval.
30 units applied for the PLI scheme’s first phase, using all of the cash allotted to them. This demonstrated the high level of interest in the program. The Ministry is now planning to roll out an expanded second phase with an increased budget of Rs 1,000 crore because of this positive reaction.
Praveen underlined that a total of Rs 10,900 crore has been granted, with a specific focus on advancing the millet-based goods industry, underscoring the government’s commitment to supporting food processing facilities. With funding of Rs 800 crore, the Pradhan Mantri Formalisation of Microfood Processing Enterprises (PMFME) scheme has already provided significant support to a large number of small food processing businesses and self-help groups (SHGs).
The main goal of the PLI program and the PMFME effort is to increase global acceptance of millet-based meals, not just in India. Millets are regarded as “superfoods” because of their great nutritional content and therapeutic properties. Millets have historically been heavily consumed in areas like southern India, Madhya Pradesh, and Maharashtra.
The West Bengal government’s Additional Chief Secretary for the Food Processing Industry, Subrata Gupta, reaffirmed their dedication to millet-based cuisine. He emphasized how they are low in glycemic index and gluten-free, making them a great option for people with diabetes.
These initiatives are projected to support the country’s food security and dietary diversity while also advancing sustainable agricultural methods as India invests in the expansion of millet-based food processing.
