Bihar govt to provide Rs 15 crore grant for food parks

The Bihar government has decided to provide grant of Rs 15 crore to entrepreneurs and investors interested in developing food parks in Muzaffarpur and Bhagalpur as special purpose vehicle (SPV) in Fruit and Vegetable clusters.

The Bihar government has decided to provide grant of Rs 15 crore to entrepreneurs and investors interested in developing food parks in Muzaffarpur and Bhagalpur as special purpose vehicle (SPV) in Fruit and Vegetable clusters, according to state Industries minister D C Yadav.

HT Image

We have decided to give grant of Rs 15 crore to those interested in developing the food parks as SPV in fruits and vegetables, Yadav said on Friday.

The proposed food parks would have common infrastructure and research and development, he said, adding the food parks would serve to create modern enabling infrastructure for food processing units in the state with farm to market linkages.

Yadav said the initiatives were being made under the Bihar Food Processing Policy, 2009 to boost the agriculture sector.