Friday, October 31, 2025
spot_img

IMAC launches projects to generate over 12K jobs: Centre

spot_img
- Advertisement -

Seven projects launched by the Inter-Ministerial Approval Committee (IMAC) on Friday will leverage private investment of Rs 163.722 crore and are expected to generate employment to 12,400 persons and benefit to 28,000 farmers, a statement issued by the Ministry of Food Processing Industries said.

IMAC approved seven proposals with a total project cost of Rs 216.489 crore including grants-in-aid of Rs 52.767 crore in the States/UTs of Chhattisgarh, Andhra Pradesh, Maharashtra, Rajasthan, Uttar Pradesh and Tamil Nadu.

The scheme for the creation of infrastructure for Agro-Processing Cluster (APC) has been approved on May 3, 2017, under the Pradhan Mantri Kisan Sampada Yojana (PMKSY) to incentivise the setting up of agro-processing clusters in the country.

“This scheme aims at developing modern infrastructure to encourage entrepreneurs to set up food processing units based on a cluster approach. These clusters will help reduce the wastage of the surplus produce and add value to the horticultural or agricultural produce which will result in the increase of income of the farmers and create employment at the local level,” the statement added.

The meeting was chaired by Union Minister for Ministry of Food Processing Industries Pashupati Kumar Paras through a video-conferencing to consider the proposals received under the Scheme for Creation of Infrastructure for Agro-Processing Cluster (APC) of Pradhan Mantri Kisan Sampada Yojana (PMKSY).

Minister of State for Ministry of Food Processing Industries, Prahlad Singh Patel along with senior officials of the Ministry and promoters of projects were also present in the meeting.

spot_img

Editorial

Why TCS Deferred FY25 Salary Hike: Better Hike Ahead?

TCS had initially announced its annual salary hike during...

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

TCS Announces 4-8% Salary Hike for FY25, Lowest in Last 4 Years

Tata Consultancy Services (TCS), India's largest IT services provider,...

Must Read

Labour Ministry launches new features in eShram Portal

Yesterday, on April 24, 2023, Labour Ministry launches new...

PwC Layoffs in China’s Financial Services Audit Team

PricewaterhouseCoopers (PwC), a global professional services firm, is facing...

Wipro, TCS, Infosys headcount decreased by over 16000 in Q3

The IT major companies including Wipro, TCS, and Infosys...

Employee health and fitness new KRA?

While people in India are not losing their jobs...

Capgemini Acquires Syniti; Boosting Data Transformation

In a strategic move aimed at enhancing its data-led...

Rahul Taneja joins Essar Capital as Managing Director

Former Chief People Officer of Jet Airways and Group...

Tata Motors launches Novel Classroom Project for graduates

Tata Motors Design, a centre of excellence for automotive...

Related Articles

SightsIn Plus
SightsIn Plushttps://sightsinplus.com/
SightsIn Plus is an India’s leading high-quality people-focused monthly HR Magazine and provides up-to-date HR News, Leadership Announcements, Best HR Practices and Insights by Global CHROs, CEOs, HR Advisors, Business Managers and HR Heads on topics of interest to HR professionals. To subscribe SightsIn Plus, HR Magazine please visit- https://sightsinplus.com/subscribe/