India needs food processing revolution through public-private partnership mode: PM Narendra Modi

PM Modi highlighted the various initiatives taken by the government in the Budget for the next fiscal, including increasing the target of agriculture credit to Rs 16.5 lakh crore.

Published: 01st March 2021 12:26 PM  |   Last Updated: 01st March 2021 12:26 PM   |  A+A-

PM Modi speaks while attending the Griha Pravesham program being held in Madhya Pradesh.

Prime Minister Narendra Modi (Photo | Twitter)

By PTI

NEW DELHI: Prime Minister Narendra Modi on Monday said there is a need to bring a food processing revolution in the country through public-private partnership.

Addressing a webinar on budget provisions for the farm sector, he highlighted the various initiatives taken by the government in the Budget for the next fiscal, including increasing the target of agriculture credit to Rs 16.5 lakh crore from Rs 15 lakh crore in the current financial year.

He emphasised on effective implementation of the Budget provisions. Modi said that the government has taken various decisions for the benefit of 12 crore small and marginal farmers. "These small and marginal farmers would become the driving force of the rural economy," he added.

With the country's foodgrains production increasing, Modi said: "There is a need for post harvest revolution or food processing revolution, and value additions." He said that it would have been better if food processing was given attention 2-3 decades earlier.

Modi said the food processing sector needs to be developed at a faster pace. For the food processing revolution, he said, participation of farmers as well as public private partnerships need to be increased. The Prime Minister said that public sector has mainly contributed towards R&D in the agriculture sector, and now the time has come to increase private sector's participation in it.

He also stressed that farmers should be given alternatives so that they do not remain limited to growing wheat and paddy. He added that the country's agriclutre sector must be expanded to global processed food market.

Modi stressed on increasing the number of agro-industries cluster along the villages so that rural population can get employment related to farming. He also talked about the need to encourage agri startups, saying they have performed well during the pandemic period.

The Prime Minister also emphasised on establishing network for soil testing at village level and also on accessibility of technology for farmers.


Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.