Government sanctions 30 cold chain projects worth Rs 725 crore

June 4, 2015 by Shikha Arora
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With packaging, especially food packaging, turning out to be the fastest growing market in India, it is heartening to see the government finally waking up to the need for more cold chains in the country.

On 18 May 2015, the government sanctioned proposals for setting up 30 new cold chains in the country with a total investment of over Rs 744 crore.
The ministry of food processing industries will provide Rs 274.9 crore as grant-in-aid for these projects while remaining Rs 470 crore would be generated as additional investment.
“These projects will help in a big way in reducing the wastage of food,” Harsimrat Kaur Badal, minister, food processing industries, said, while highlighting how the 16% of the farm produce gets lost in absence of storage facilities.
A government report estimated that food products worth over Rs 44,000 crore gets lost every year in the country due to inadequate storage infrastructure.
A total of 138 integrated cold chain projects were approved by the government, out of which 108 had been sanctioned earlier. Remaining 30 have been sanctioned now.
“56 cold chain projects have come up, while the remaining 52 are in different stages of completion,” Badal said.
Once all these 138 cold chain projects become operational, it will add 4.76 lakh tonnes of storage capacity and 118 lakh litres per day of milk processing capacity.
Article Source: printweek.in

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