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100% FDI for Cold Storage Facilties on Automatic Route

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..... 100% FDI for Cold Storage Facilties on Automatic Route
News and Press Release
Dated:- 9-11-2010

In view of growth in production of perishable agricultural products, there is a need for c .....

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..... reation of additional cold storage facilities in the country. Assistance is provided to entrepreneurs in setting up of new cold storage facilities in the country through the schemes of National Hortic .....

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..... ulture Mission (NHM), National Horticulture Board (NHB), Technology Mission for Integrated Development of Horticulture in North Eastern States, Sikkim, J&K, Himachal Pradesh and Uttarakhand (TMNE), Na .....

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..... tional Cooperative Development Corporation (NCDC), Agricultural and Processed Food Products Export Development Authority (APEDA) and Ministry of Food Processing Industries (MFPI). As per extant FDI P .....

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..... olicy, 100% FDI is permitted on automatic route in cold storage. The Government has decided to establish the National Centre for Cold Chain Development (NCCD) as an autonomous centre of excellence i .....

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..... n association with the industry and other Stakeholders for development of cold chain in India, for which funding through National Horticulture Board (NHB) to the extent of Rs.25.00 crore has been prop .....

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..... osed. This information was given by Prof. K.V. Thomas, Minister of State for Agriculture, Consumer Affairs, Food and Public Distribution in written reply to a question in the Lok Sabha today.
Ne .....

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..... ws - Press release - PIB .....

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