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With 100% FDI, Narendra Modi calls Food Sector a Priority in Make in India Programme

Modi said India with its rich legacy of spices could provide solutions and offer a win-win partnership as the world was becoming increasingly averse to the use of artificial colours, chemicals and preservatives.

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Prime Minister Narendra Modi. Wikimedia
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New Delhi, November 3, 2017 : Prime Minister Narendra Modi on Friday said the food sector that allows 100 per cent foreign investment was the priority in the government’s ambitious Make In India programme.

Launching a three-day global conference on the food industry here, Modi said food processing was an age old practice in India and simple, home-based techniques like fermentation had resulted in the creation of our famous pickles, papads, chutneys and murabbas that now excite both the elite and the masses across the world.

He said the government had taken a range of transformational initiatives to make the country most preferred investment destination in this sector.

It is priority sector in our ‘Make in India’ programme. 100 per cent Foreign Direct Investment is now permitted for trading including through e-commerce of food products manufactured or produced in India, Modi told the World Food India conference that will see the participation of over 2,000 delegates from 200 companies from some 30 countries.

Apart from representatives of 28 states, it will also see participation of 18 ministerial and business delegations, nearly 50 global CEOs along with heads of all leading domestic food processing companies.

Modi said a single-window facilitation cell provided hand-holding for foreign investors and there were attractive fiscal incentives from the Union and state governments.

Loans to food and agro-based processing units and cold chains are classified under priority sector lending, making them easier and cheaper to obtain, the Prime Minister said.

Modi said the recently launched unique portal – Nivesh Bandhu (investor’s friend) – would bring together information on central and state government policies and incentives provided for the food processing sector.

He said private sector participation had increased in many segments of the value chain but sought more investment in contract farming, raw material sourcing and creating agri linkages.

There were opportunities in post-harvest management such as primary processing and storage, preservation infrastructure, cold chain and refrigerated transportation, the Prime Minister asserted.

There is immense potential for food processing and value addition, especially in niche areas such as organic and fortified foods.

Modi said India with its rich legacy of spices could provide solutions and offer a win-win partnership as the world was becoming increasingly averse to the use of artificial colours, chemicals and preservatives.

Modi said the Pradhan Mantri Kisan Sampada Yojana aimed at creating world class food processing infrastructure was expected to leverage investment of $5 billion, benefit two million farmers and generate more than half a million jobs over the next three years.

Narendra Modi said the government was planning to link agro-processing clusters with production centres through Mega Food Parks, which will offer immense value proposition in crops such as potato, pineapple, oranges and apples.

Minister of Food Processing Industries Harsimrat Kaur Badal in her address said agreements worth $10 billion were expected to be signed during the three-day global event.

Our demand of food is set to double over the next five years. Being six largest food and grocery market in the world, India is a destination that merits global attention in the food sector.

She said there was a need to wage war on food waste to ensure adequate food for all and to avoid a food crisis as the world’s population was set to increase by 25 per cent and the demand for food by 50 per cent by 2050. (IANS)

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Narendra Modi Accuses Congress of Aiding Those Who Want to Weaken Army

Again, the Prime Minister said "some people" felt ashamed of shouting "Bharat Mata ki Jai"

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According to LocalCircles, each person who voted in the survey is registered with the portal with their detailed information and in many cases they shared their residential address.
Congress helping those who want to weaken Army: Modi, wikimedia commons

Prime Minister Narendra Modi on Sunday accused the Congress of aiding those who he said want to weaken the Indian Army and raising questions over the government and even the Supreme Court over Rafale fighter jets.

“Today, there are two camps in the country. One is the government that is trying to strengthen our Army. The other wants to weaken our Army at any cost,” Modi said, flagging off the 900th coach of Modern Rail Factory and a Humsafar Rake in Rae Bareli, UPA Chairperson Sonia Gandhi’s Lok Sabha constituency.

“The country has been witnessing that the Congress stands by those powers who don’t want our armed forces to be strengthened,” he added, in an obvious reference to Sonia Gandhi’s son and Congress President Rahul Gandhi who has been accusing corruption in the Rafale jet deal with France.

The Prime Minister said the country was watching “such people” who he added were “getting support of countries pitted against India”.

“What is the reason that people in Pakistan clap when some of our leaders speak?”

Narendra Modi
Narendra Modi (Wikimedia Commons)

The Prime Minister pointedly accused the Congress of raising questions over the dignity of the Defence Ministry, Defence Minister Nirmala Sitharaman, Air Force, France and the Supreme Court over the purchase of Rafale jet aircraft.

“Some people only accept lies and speak lies. For them the country’s Defence Ministry, Defence Minster and Air Force officers are liars. The French government is also a liar. Now, the country’s Supreme Court is also a liar for them.

“But truth does not need ‘shringaar’ and lies will always die. The country will never forgive the Congress over its attitude towards the Army.”

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Again, the Prime Minister said “some people” felt ashamed of shouting “Bharat Mata ki Jai”.

“What kind of people are they who do not care about the country? I know that they want to abuse Modi. They want to frame Modi for corruption. But I want to know why they have put the country’s pride at stake for this? Why is national security being put on stake?” (IANS)