Food diplomacy to bridge all barriers, says Harsimrat Kaur Badal
The Dollar Business Bureau The Minister of Food Processing Industries Harsimrat Kaur Badal addressed a Joint Press Conference with the organizers of ANUGA - an international business platform for Food Industry to be held in Cologne, Germany. She also signed the Memorandum of Understanding for Participation in the ANUGA (Allgemeine Nahrungs Und Genußmittel Ausstellung- translated into English- General Food and Non essential Provisions Exhibition) Exhibition with Katharina C Hamma, Chief Operating Officer, Koelnmesse GmBH (the Organizers of ANUGA). The Minister said that it was an honour for India to be a co-partner country in such a prestigious international event. “It gives us the opportunity to showcase our strengths and opportunities to an international audience”. The Minister also said that Food Processing Sector ...
Food to be cheaper under GST: Harsimrat Kaur
The Dollar Business Bureau As the Goods and Services Tax (GST) rate on food items has been kept within the range of 5%, most of them will be cheaper, Food Processing Minister Harsimrat Kaur Badal said on Sunday. “I am happy that the GST rate (on food items) has been kept within 5% range. Lot of things will be cheaper. Food items are definitely not going to be expensive,” she said at a round table conference in New Delhi. The Minister said that she had requested Finance Minister Arun Jaitley to keep the food items in exempt list or in the lowest tax slab under GST. Replying to a question on whether the food standards in India were in compliance with the international standards, the minister ...
Chandrababu bags USIBCs Transformative Chief Minister Award
The Dollar Business Bureau Chandrababu Naidu, Chief Minister of Andhra Pradesh, has been selected for the US-India Business Council’s (USIBC) ‘Transformative Chief Minister Award’ for his role in strengthening the partnership between India and the US at the state level. The award would be presented to the Chief Minister on May 8, 2017 during the Annual West Coast Summit of USIBC in the Menlo Park, California, according to a statement. The summit will see an assembly of 150 industry leaders from across sectors including information technology (IT), manufacturing, healthcare, food processing, clean energy, banking, digital payments and officials from the Government of India for exploring the effects of manufacturing in India, the country’s move towards digitisation and cashless society and the future of ...
Indias first 2nd gen ethanol bio-refinery to be set up in Bathinda
The Dollar Business Bureau The foundation stone for India’s first second-generation (2g) ethanol bio-refinery is to be laid on December 25, 2016 at Tarkhanwala village in the Bathinda district of Punjab. The bio-refinery would be set up with an approximate investment of Rs.600 crores. This could be one of the major steps to tackle the menace of wheat and paddy straw burning in Punjab. Recently Delhi and its surrounding areas were covered with acrid smog. That was attributed to fireworks, crop burning, vehicle pollutants and construction. The smog was so thick that some people described it akin to living in a ‘gas chamber’. The decision to set up the ethanol plant could in a way solve the chronic problem of crop burning and also ...
Govt. is working on ease of doing farming: Harsimrat Kaur Badal
Manishika Miglani “The Ministry of Food Processing Industries is working on the creation of 42 mega food parks and is focussing on policy reforms for ease of doing farming and food processing,” said Harsimrat Kaur Badal, Minister of Food Processing Industries at the 6th Cold Chain Summit organised by the Confederation of Indian Industry (CII) in association with the Ministry of Food Processing Industries, Ministry of Agriculture and National Center for Cold Chain Development (NCCD). She also noted that “wastage of food worldwide is very high with 1.3 billion food being dumped annually”. This, according to her, is the result of lack of suitable cold chain, an issue which needs global attention. The conference also highlighted “doubling of farmer’s income” as a top ...
Harsimrat holds meeting to boost FDI in food processing
The Dollar Business Bureau Minister of Food Processing, Harsimrat Kaur Badal, held comprehensive meetings on Thursday with several departments and other stakeholders to solve issues that were impacting the smooth flow of Foreign Direct Investment (FDI) in the food processing sector. The minister, after the meeting, said that the discussions were to find ways to ease foreign investments in the sector and sort out the concerns related to different ministries and departments. She further said that the concerned departments and ministries have been directed to work towards the transformation of food economy of India and at the same time to ease rules for attracting more investments across the world. The meeting was significant because the government is considering some specific relaxations for FDI in ...
Food processing sector to treble in coming years: Minister
The Dollar Business Bureau The food processing sector in India is likely to treble in the coming years due to higher economic growth and the initiatives taken like the 100% FDI in marketing of food items taken by the Government, Harsimrat Kaur Badal said yesterday at an event. She was speaking at an industry event, when she said that presently the size of India’s food processing industry is about 1.5 lakh crore. This will treble in the coming years. Retailers, processors ad manufacturers will be the key drivers for facilitating the growth story she said. Kaur also said that her ministry is facilitating the ease of doing business and creating investor-friendly policies and schemes to give a fillip to the food sector. "Indian food ...
Prez Mukherjee to fly next week
The Dollar Business Bureau President Pranab Mukherjee will fly to Papua New Guinea and New Zealand in the coming week, where scores of agreements are expected to be inked during his first visit. The tour will start in Papua New Guinea, on April 28, and deals in aspects of education, connectivity, health, agriculture, economic and dairy farming are likely to be signed. The official spokesperson of Ministry of External Affairs Vikas Swarup revealed that Minister of Food Processing Industries Harsimrat Kaur Badal and a delegation of MoP will accompany the President. Papua New Guinea, the largest island country in the Pacific, is rich in natural resources. Peter O'Neill, the Prime Minister of Papua New Guinea, visited India in 2015 to attend a summit. AS ...