Mega Food Park

Zoram Mega food park launched in Mizoram, to benefit 25,000 farmers and create 5,000 jobs.

• This is the first Mega Food Park operationalized in the state of Mizoram. 

About Mega Food Parks scheme:

Ministry of Food Processing Industries is implementing Mega Food Park Scheme in the country since 2008.

• It aims at providing a mechanism to link agricultural production to the market by bringing together farmers, processors and retailers. 
• These food parks give a major boost to the food processing sector by adding value and reducing food wastage at each stage of the supply chain with particular focus on perishables.

Funding: A maximum grant of Rs 50 crore is given for setting up a MFP, in minimum 50 acres of contiguous land with only 50% contribution to the total project cost.

Mode of operation:

• The Scheme has a cluster based approach based on a hub and spokes model.

• It includes creation of infrastructure for primary processing and storage near the farm in the form of Primary Processing Centres (PPCs) and Collection Centres (CCs) and common facilities and enabling infrastructure at Central Processing Centre (CPC).

Implementation:

• Implemented by a Special Purpose Vehicle (SPV) which is a Body Corporate registered under the Companies Act.
• State Government, State Government entities and Cooperatives are not required to form a separate SPV for implementation of Mega Food Park project. 
• Subject to fulfillment of the conditions of the Scheme Guidelines, the funds are released to the spv’s.