Addressing the World Food India 2023 meet on Friday, the Prime Minister also batted for promoting the one district-one product plan. He disbursed Seed Capital Assistance to one lakh women involved in the Self-Help Groups sector. He stated that women have a natural ability to lead the food processing segment and form the backbone, along with small farmers and small industries, of this sector. The food processing industry is getting recognition as a “sunrise sector”, Modi said, adding that it has attracted FDI of more than ₹50,000 crore in the last nine years, primarily due to the “pro-farmer” and “pro-industry” policies of his dispensation.
The Agri-Infra Fund has helped in kicking off thousands of projects for post-harvest infrastructure with an approximate investment of more than ₹50,000 crore while processing infrastructure in the fisheries and animal husbandry sector is also being encouraged with an investment of thousands of crore.
“The investor-friendly policies of the government are taking the country’s food sector to new heights. This has led to an increase from 13% to 23% in the share of processed foods in India’s agricultural exports. This is an increase of 150%,” he said.
This has led to India climbing to the 7th position with an overall export value of more than $50,000 million in agricultural produce, the Prime Minister said.
