Progress and Impact of the Production Linked Incentive Scheme for Food Processing Industries
The Ministry of Food Processing Industries in India has successfully approved 169 applications under the Production Linked Incentive scheme for Food Processing Industries (PLISFPI). The scheme has led to a cumulative investment of approximately Rs. 9207 crore and disbursement of incentives worth ₹2,162.55 crore. It supports Indian food brands in global markets through financial incentives for branding, leading to employment generation for 3.39 lakh persons and a significant boost in processing capacity.
Source: Original Link