How does the food processing industry aid economic growth in India? Briefly discuss four skill development initiatives in the Indian food processing industry. (Answer in 250 words)
Main Body
The food processing industry in India is expected to grow at an annual growth rate of 16-18% in the next/upcoming year according to economists 2022-23. Food processing aide economic growth: (1) Currently food processing contribute around 8% of manufacturing GVA. (2) Value addition to agricultural products improving farmers incomes and conversion procurement. (3) Eg: Procurement of milk from farmers by Uccelia firms in Tamil Nadu for dairy products. (4) Shifting workforce away from employment in disguised unemployment on agriculture. (5) Improving agricultural waste and improving marketing of agricultural products.
— Aditya Narayan H · AIR 68
Conclusion
122 words
Aditya Narayan H
Agriculture and Food Security
Food processing
Economic growth and skill development in food processing
259
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1
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