Govt seeks pvt sector aid in agri
The government is seeking private investment in agricultural sector to remove infrastructure bottlenecks by developing cold chains, warehousing and transport facilities.
By PTI |
NEW DELHI: The government is seeking private investment in agricultural sector to remove infrastructure bottlenecks by developing cold chains, warehousing and transport facilities.
"We hope that the private sector would supplement the public investment in agro-exports sector, pitching in greater investments than ever before,' Commerce and Industry Minister Kamal Nath said in his meeting with the Parliamentary Consultative Committee.
The minister said infrastructure remained a major problem confronting the Indian agriculture in general and agro-exports in particular.
"There is a need to strengthen cold chain network, transportation and warehousing to ensure that wastage is minimised and the agricultural produce meets high quality standards," an official release quoted Nath as saying.
Members at the meeting said there was an urgent need to set up recognised laboratories in the country whose certifications are accepted globally for export purposes.
The Agricultural and Processed Food Products Exports Developments Authority (APEDA) said it would set up 12 centres across the country at a total cost of Rs 2,500 crore for handling agro-perishable exports.
Regional Quality Control Laboratories are also proposed to be set up by the Spices Board at Guntur, Mumbai, Chennai and Delhi.
"We hope that the private sector would supplement the public investment in agro-exports sector, pitching in greater investments than ever before,' Commerce and Industry Minister Kamal Nath said in his meeting with the Parliamentary Consultative Committee.
The minister said infrastructure remained a major problem confronting the Indian agriculture in general and agro-exports in particular.
"There is a need to strengthen cold chain network, transportation and warehousing to ensure that wastage is minimised and the agricultural produce meets high quality standards," an official release quoted Nath as saying.
Members at the meeting said there was an urgent need to set up recognised laboratories in the country whose certifications are accepted globally for export purposes.
The Agricultural and Processed Food Products Exports Developments Authority (APEDA) said it would set up 12 centres across the country at a total cost of Rs 2,500 crore for handling agro-perishable exports.
ADVERTISEMENT
The centres would come up at Chandigarh, Muzaffarpur, Agra, Kolkata, Guwahati, Mumbai, Nasik, Pune, Nagpur, Rai Hyderabad and Dharmapuri, APEDA Chairman KS Money said. Regional Quality Control Laboratories are also proposed to be set up by the Spices Board at Guntur, Mumbai, Chennai and Delhi.
Download
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
ADVERTISEMENT
