Food Processing
- The state government is providing incentives to food processing and Agri-based industries across the state to enhance the incomes of the farmers. The Food Processing sector is considered as one of the “thrust sectors” for the government.
- State has set up multiple food parks and mega food park to give an impetus to the food processing sector’s growth in Chhattisgarh.
15+ Food Parks completed/under construction across the State
Top export commodity from state is Rice (other than basmati)
Policy Incentives: (for Investments > INR 50 Cr in P&M)
Fixed Capital Investment Subsidy – 30% up to INR 300 Crores.
* Provision of Employment Multiplier applied based on employment of State domiciles, an additional FCI subsidy is provided
Interest Subsidy – 50% of actual interest up to Rs. 20 crores per year for 5 years.
Salary Support – 20% of net salary for 5 years.
Mandi Tax Exemption – Exemption for 5 years up to INR 5 crore per year.
Bespoke Incentives for investments over Rs 1,000 Cr or 1,000+ jobs.
First 5 units investing Rs 200 Cr+ get special incentives.
Important Insights
- Food Testing Labs: Upcoming new testing lab in Nava Raipur by MoFPI,
- Quality control lab for fertilizer in Raipur,
- Seed and soil testing labs at Raipur, Bilaspur, Jagdalpur and Ambikapur.
The state strongly advocates technology upgradation and modernization of food processing.
Education ecosystem:
- College of Food Processing, Raipur (Indira Gandhi Krishi Vishwavidalaya)
- Department of Food Processing & Technology, Bilaspur University,
- College of Dairy Science & Food Technology, Raipur.
Minor Forest Produce
Chhattisgarh State Minor Forest Produce Co-Operative Federation Ltd. consists of over 1.35 million co-operative members.
Over 52 species of minor forest produce (MFP) are grown in the state, such as Mahua, Cashew, Amla, Tamarind, Chironji Dana, Forest Honey, Neem, etc
With Minimum Support Price (MSP) and increase in crop species, the co-operative society received an additional income.
The state market these MFP products by the brand of Chhattisgarh Herbals in their flagship Sanjeevani stores.
Vananchal Industries Package is a special Investment package for investment in forest areas related to minor forest produce, herbal and food processing.
Incentives on Fixed capital investments up to 50% for 5 years shall be given under this package or Net SGST (State Goods and Service Taxes) incentives can also be opted.
Chhattisgarh State Land Allotment and Management Act 2015 and prevailing central valuation board guideline rate will be subsidized
up to 50% for the blocks
Out of the total MFP produce collection from India, 88.36% contribution has been from Chhattisgarh.