Roles of MOFPI
The strategic role and functions of the Ministry fall under three categories -
- Policy support developmental & promotional
- Technical & advisory
- Regulatory.
It is concerned with the formulation & implementation of policies and plans for all the industries under its domain within the overall national priorities and objectives. Its main focus areas include -- development of infrastructure, technological up gradation, development of backward linkages, enforcement of quality standards and expanding domestic as well as export markets for processed food products.
The Ministry acts as a catalyst and facilitator for attracting domestic & foreign investments towards developing large integrated processing capacities, by creating conducive policy environment, including rationalization of taxes & duties. It processes applications for foreign collaborations, Export Oriented Units (EOUs) etc. and assists/guides prospective entrepreneur in his endeavour.
Post liberalization, it has approved a large no. of joint ventures, foreign collaborations, industrial licenses and 100% EOU proposals in different food processing areas and has taken major policy initiatives to facilitate an accelerated growth of the industry.The functions of the Ministry can be broadly classified as follows:
Read more about this topic: Ministry Of Food Processing Industries (India)
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