With reference to ldquo Production Linked Incentive Scheme for Food Processing Industry PLISFPI rdqu...........

Economic Affairs Food Processing

With reference to “Production Linked Incentive Scheme for Food Processing Industry (PLISFPI)”, consider the following statements

Organic products of Small and medium-sized enterprises including Poultry Meat and Egg Products are also covered under the scheme.
Scheme will be implemented over a six-year period from 2021-22 to 2026-27.

Select the correct statement.

1 only

2 only

Both

None

The Union Cabinet has approved the Central Sector Scheme – “Production Linked Incentive Scheme for Food Processing Industry (PLISFPI)”.

The first component relates to incentivising manufacturing of four major food product segments viz. Ready to Cook/ Ready to Eat (RTC/ RTE) foods, Processed Fruits & Vegetables, Marine Products, Mozzarella Cheese.
Innovative/ Organic products of SMEs including Free Range -Eggs, Poultry Meat, Egg Products in these segments are also covered under above component.
The second component relates to support for branding and marketing abroad to incentivise emergence of strong Indian brands.
For promotion of Indian Brand abroad, the scheme envisages grant to the applicant entities for – in store Branding, shelf space renting and marketing.
Scheme will be implemented over a six-year period from 2021-22 to 2026-27.

Hence both statements are correct.