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Agri-Biz & Commodities - Budget
Industry & Economy - Foods & Food Processing


Priority sector status hailed

Our Bureau

Pune, Feb. 28

The food processing sector is getting sufficient importance at the Central level and can change the face of the rural India, if given a right direction, according to Mr Pradeep Chordia, Managing Director, Chordia Food Products Ltd and Chairman of the Pune chapter of the All India Food Processors Association. He welcomed the focus on food processing, which has been identified as a job creating sector and priority sector status in bank lending among other things. He said: "They should have reduced excise on packaging material & food processing machinery instead. Also, clearing concepts like mega food parks would have been given volumes to this industry."

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