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Agency Fund and Waste

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Gujarat Food Processing Industry Policy

CERTIFICATION AGENCY FOR ORGANIC FARMING :

Organically produced products are gaining popularity amongst the health conscious consumers worldwide. Such products attract premium. To encourage production of organic products and make them acceptable in the international market, the State will facilitate setting up of internationally recognised quality testing and certification laboratories in Gujarat.

VENTURE CAPITAL FUND :

A revolving venture capital fund can be a major contributor to jumpstart investments in the food & agri business sector. As Gujarat is at the take off stage in the field of Agriculture and agro based industries, such a fund could catalyse agro industrial development.

The Government has recognised the need for a venture fund to cater to the needs of prospective entrepreneurs who have developed or acquired unique technologies in Agro & Food Processing, Horticulture, Aquaculture, Sericulture, Hi-tech Agriculture and such other Agro related projects. The State Government intends to create a venture funds for agro industries in association with financial institutions/ banks, etc.

AGRI WASTE :

Agri waste has a vital role in agri economy and need to be optimally utilised to provide adequate return to the farmer and maintain competitiveness in global environment by full utilisation of all resources. The State government, therefore, intends to support projects on agri waste, by treating them at par with Agro Industrial Infrastructure projects for the purpose of incentives.

MISCELLANEOUS :

Government support for other facilities like pollution control, water, etc. and other parameters not specifically provided herein above will be on lines of the Industrial Policy.

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