The Government of India has passed the Approval Order for the PLI Scheme for Food Processing sector, on 9th April 2021, with budgeted incentive outlay of Rs 10,900 crore over a period of six years starting from FY 2021-22.
The order lays down the scheme’s objectives of boosting local production and sales, creating global Indian food manufacturing brands, increasing employment opportunities for off-farm jobs and, increasing the income of Indian farmers.
