11th Plan Targets 30 Mega Food Parks

Finance Minister, Shri Pranab Mukherjee has proposed to set up 15 more Mega Food Parks in the Union Budget for 2011-12 presented in the Lok Sabha today.

An estimated 40% of the fruit and vegetable production in India goes waste due to lack of storage, cold chain and transport infrastructure. To address these issues the 11th Plan target for number of Mega Food Parks was set at 30. Shri Mukherjee further stated that 15 such Parks have already been sanctioned.

Source : Equity Bulls

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