India Invites Startups and FPOs to Capitalise on Agri and Food Processing Policies

India Invites Startups and FPOs to Capitalise on Agri and Food Processing Policies

Fortnight to host ‘Millet Food Festival’ at India Pavilion

DUBAI, February 17, 2021: As part of India’s efforts to showcase the country’s investment-friendly policies and growth opportunities in agriculture and allied sectors at EXPO2020 Dubai, Dr. Abhilaksh Likhi, Additional Secretary, Ministry of Agriculture & Farmers Welfare, today invited the Startups and FPOs (Farmer Producer Organisations) to submit their proposals to the ministry, and assured them that they would be considered for providing equity grants, management costs, and other available support measures.

Dr. Likhi was speaking at the inauguration of ‘Food, Agriculture and livelihood’ fortnight at the India Pavilion in EXPO2020 Dubai. Ms. Shubha Thakur, Joint Secretary (Crops & Oil Seeds), Ministry of Agriculture and Farmers Welfare, Mr. T R Kesavan Group President (Corporate Relations & Alliances) Tractors and Farm Equipment Ltd (TAFE), Mr. Srinivas Kuchibhotla, Partner, KPMG, among other officials from the ministry also attended the event. 

The ‘Food, Agriculture and Livelihood’ fortnight (February 17th – March 2nd) will comprise various sessions which will be presided over by representatives from the Ministry of Agriculture & Farmers Welfare, Ministry of Fisheries, Animal Husbandry & Dairying, Ministry of Cooperation and Ministry of Fisheries. In addition, an array of activities has been planned during the fortnight under the key themes of millets, food processing, horticulture, dairy, fisheries, and organic farming and the vast investment opportunities these sectors offer.

Dr. Likhi said, “The primary purpose of our participation at Expo2020 is to benefit the small and marginal farmers who need economies of scale, collectivisation, and more forums to come together, create synergies connect with markets both domestic and international.” 

Joint Secretary, Ministry of Agriculture and Farmers Welfare, Ms. Shubha Thakur, said, “Indian farmers produce food that not only sustains India but also provides food security to the world.” On the theme for the first week of the fortnight, that is, millets, she said, “Millets is an important area for us, and we would like to utilise this global platform to learn about the health and nutritional aspects of millets and bring back the glory of millets.”

India produces all the nine commonly known millets and is the largest producer and second-largest exporter of millets globally. The U.N. General Assembly recently adopted a resolution sponsored by India and supported by more than 70 countries, declaring 2023 as the International Year of Millets.

During the launch of the ‘Millet’ theme as part of the ‘Food, Agriculture and Livelihood’ fortnight at the sector floor at the India Pavilion, the delegation led by Dr Likhi unveiled the Millet Book comprising nutritious and delightful recipes made using millets. The delegation also launched the first ‘Millet food festival’, during which the visitors will get to relish the healthy and nutritious delicacies prepared using the millets.

Agriculture and Allied Sector is the backbone of the Indian economy and accounts for about 19% of the total exports. As per the second advance estimate released by the ministry of agriculture on Wednesday, India’s foodgrains production, consisting of rice, wheat, pulses, and coarse cereals, will likely be a record 316.06 million tonne (mt) for the 2021-22.

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