The government approved a production-linked incentive scheme for the food processing sector on Wednesday. The PLI scheme involves an outlay of ₹10,900 crores. PM Modi, himself has approved this scheme which will help create 2.5 lakh jobs and boost exports. 

The Union Cabinet, chaired by Prime Minister Narendra Modi, approving the scheme also ensured the availability of a wider range of value-added products for consumers. Food Minister Piyush Goyal said over the scheme discussion "The PLI for the food processing sector with ₹10,900 crore incentive has been approved. The decision is a fitting tribute to our farmers," while briefing the media about the cabinet decisions.

Information and Broadcasting Minister Prakash Javadekar underlined that the government in the Budget had announced the PLI scheme for 12-13 sectors. He also said, "Today, PLI for the food processing industries has been approved." PLI has already been announced for six sectors. The scheme funding will boost the production of value-added food products, attract foreign investment, create job opportunities besides benefiting farmers with remunerative prices for the produce, he added.

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