Under National Mission on Food Processing (NMFP), the Union ministry of Food Processing Industry (MoFPI) is likely to enhance allocation for state of Odisha in 2014-15 from Rs 9 crore to Rs 20 crore. While the Centre will provide 75% funding under the scheme, the state government would have to contribute the remaining 25%. This step is taken with an aim to boost the small and medium food processing industry sector in the state.
The NMFP scheme, launched in 2012-13, is aimed at maintaining the requisite synergy between agriculture plans of states and development of food processing sector, which in turn would help in increase in farm productivity, thereby increasing farmers’ income also.
The state government has also recommended to the Centre a proposal by its PSU Odisha Industrial Infrastructure Development Corporation (Idco) to set up a sea food park at Deras in Khurda district. The sea food park has been planned on an area of 100 acres at an estimated cost of Rs 116.43 crore, inclusive of the land cost.