Encouraging FPOs, Operation Greens will help food processing industry: Anil Jain
, ET Bureau|
Feb 01, 2018, 04.27 PM IST
PUNE: Food processing and agricultural input companies happy with budget sops for Farmer Producer Organisations (FPOs) and proposal to hike MSP.
Though the farm leaders and analysts are skeptical about the government's announcement to hike the MSP, the industry is hopeful that the government would move fast on this and put more money in the hands of the farmers, considering that it will be an election year.
"The announcement of giving MSP of 50 per cent over the cost of production will give money in the hands of farmers. It means farmers will spend more money on inputs," said Anil Jain, managing director, Jain Irrigation.
The government has proposed to launch an ''Operation Greens'' on the lines of ''Operation Flood'' to address the challenges arising due to seasonal and regional production of perishable commodities like onions, potatoes and tomatoes.
Jain Irrigation, one of the leading companies involved in processing and export of mangoes and onions, has already started working on the idea of creating market for dehydrated onion powder and tomato puree in India. "We have already started working on educating the consumers to use the processed products when fresh supplies become expensive," said Anil Jain.
The food processing sector is happy about the scheme promoting cluster based development of agricommodities and regions in partnership with the Ministries of Food Processing, Commerce and other allied Ministries.
"Cultivation of horticulture crops in clusters bring advantages of scales of operations and can spur establishment of entire chain from production to marketing, besides giving recognition to the districts for specific crops," said the Finance Minister in his speech.
"Cluster development of commodities will create conducive environment for the food processing industry," said Jain.
The agricultural-based industry has hailed various sops announced for Farmer Producer Organisations (FPOs). "Having strong FPOs will make it easy for the input companies to sell their products to farmers. It will also facilitate the food processing companies to buy what the FPOs produce," said Jain.
Though the farm leaders and analysts are skeptical about the government's announcement to hike the MSP, the industry is hopeful that the government would move fast on this and put more money in the hands of the farmers, considering that it will be an election year.
"The announcement of giving MSP of 50 per cent over the cost of production will give money in the hands of farmers. It means farmers will spend more money on inputs," said Anil Jain, managing director, Jain Irrigation.
The government has proposed to launch an ''Operation Greens'' on the lines of ''Operation Flood'' to address the challenges arising due to seasonal and regional production of perishable commodities like onions, potatoes and tomatoes.
Jain Irrigation, one of the leading companies involved in processing and export of mangoes and onions, has already started working on the idea of creating market for dehydrated onion powder and tomato puree in India. "We have already started working on educating the consumers to use the processed products when fresh supplies become expensive," said Anil Jain.
The food processing sector is happy about the scheme promoting cluster based development of agricommodities and regions in partnership with the Ministries of Food Processing, Commerce and other allied Ministries.
"Cultivation of horticulture crops in clusters bring advantages of scales of operations and can spur establishment of entire chain from production to marketing, besides giving recognition to the districts for specific crops," said the Finance Minister in his speech.
"Cluster development of commodities will create conducive environment for the food processing industry," said Jain.
The agricultural-based industry has hailed various sops announced for Farmer Producer Organisations (FPOs). "Having strong FPOs will make it easy for the input companies to sell their products to farmers. It will also facilitate the food processing companies to buy what the FPOs produce," said Jain.
