Production Linked Incentive

The Union government gave a nod for a Production Linked Incentive scheme worth Rs 10,900 crore in the food processing sector. The scheme will generate over 2.5 lakh jobs by 2026-27 and enlarge the food processing capacity. Moreover, incentives worth Rs 2 lakh crore have been approved for 13 sectors. Besides, the scheme will fulfil the need for organic foods and ready to eat foods from India in the global market.