Mega Food Park scheme
Q. Which of the following statements is/are correct about Mega Food Park?
1. It gets financial assistance in the form of grant-in-aid at 50% of the eligible project cost.
2. Nalbari food park in west Bengal became operational in 2015.- Published on 31 Dec 15a. Only 1
b. Only 2
c. Both
d. None
ANSWER: Only 1
- The Scheme of Mega Food Park was launched to provide modern infrastructure for food processing units in the country on pre-identified cluster basis.
- The scheme envisages financial assistance in the form of grant-in-aid at 50% of the eligible project cost in general areas and @ 75% in difficult areas, subject to a maximum of Rs.50.00 crore per project.
- Presently, 39 Mega Food Parks have been granted approval. Out of these, 5 Mega Food Parks have become operational and remaining are under implementation.
- During the current year, 16 Mega Food Park projects have been given in-principle approval, 9 Mega Food Parks have accorded final approval and 1 project at Nalbari (Assam) has been made operational. 3 projects at Jangipur (West Bengal), Khargon (Madhya Pradesh) and Ranchi (Jharkhand) are likely to be operationalized by 31stMarch, 2016.
