CAA’s Articulate – Zoram Mega Food Park in Mizoram


Context:

  • Recently Zoram Mega Park was inaugurated in Mizoram.

More on News:

  • It is the first mega food park of Mizoram.
  • It will provide direct and indirect employment to 5000 people and benefit 25000 people. 
  • It will benefit the farmers, growers, the food processing sector and consumers of Mizoram and adjoining areas immensely.

Mega Food Park Scheme:

  • The Ministry of Food Processing is the nodal ministry for the scheme.
  • It aims at providing a mechanism to link agricultural production to the market by bringing together farmers, processors and retailers.
  • It focuses on maximizing value addition, minimizing wastage, increasing farmers income and creating employment opportunities particularly in rural sector.
  • Financing:
    • Centre gives 50% of the capital grant for establishing a food park s.t maximum 50 crores. 
    • It is 75% for difficult and hilly areas. 
    • The grant-in-aid under the scheme is released in four installments of 30%, 30%, 20% and 20%, subject to other scheme parameters,
  • It is implemented by a Special Purpose Vehicle (SPV) which is a Body Corporate registered under the Companies Act. 
  • It is based on the “Cluster” approach and envisages creation of state of art support infrastructure in a well-defined agri / horticultural zone for setting up of modern food processing units in the industrial plots provided in the park with a well-established supply chain. 
  • Mega food parks typically consist of supply chain infrastructure including collection centers, primary processing centers, central processing centers, cold chains and around 25-30 fully developed plots for entrepreneurs to set up food processing units.
  • So far 19 Mega Food Parks are operational.



Source: IBEF