Jharkhand Food Processing Industry Policy :

Vision

  • To ensure the balanced economic development of the state by favouring agricultural and allied sector.
  • Provide maximum benefits to all stakeholders by establishing Jharkhand as a leading state in the food processing sector.

Strategy

  1. Development of infrastructure facilities.
  2. Creation of a favourable atmosphere for setting up of food processing industries.
  3. Capital investment promotion.
  4. Promotion of technology up-gradation.
  5. Financial grants-in-aid and concessions
  6. Market development and export promotion.
  7. Value addition to food products
  8. Other promotional facilities

Salient Features of  Food Processing Policy 2015

Establishment Grant in aid Maximum up to
Processing Units (New Unit, Modernisation, Upgradation, Expansion & Diversification) 35%-45% Subject to a maximum of INR 5 Crores
Cold Chain, Value Addition and Preservation Infrastructure 35%-50% Subject to a maximum of INR 7 Crores per project
Primary Processing Centres / Collection Centres in Rural Areas 50%-75% Subject to a maximum of INR 2.5 Crores
Mega Projects In Food Processing

(Applicable only for projects with bank appraised project cost more than 30 Crores excluding working capital)

35%-45% Subject to a maximum of INR 12 Crores per project
Establishment and Modernisation of Meat and Fish Shops 50%-75% Subject to a maximum of INR 5 Lakhs