{"id":27503,"date":"2024-12-09T17:42:51","date_gmt":"2024-12-09T17:42:51","guid":{"rendered":"https:\/\/www.class24.study\/current-affairs\/promotion-of-millet-based-products-3853\/"},"modified":"2026-09-10T04:44:43","modified_gmt":"2026-09-10T04:44:43","slug":"promotion-of-millet-based-products-3853","status":"publish","type":"post","link":"https:\/\/www.class24.study\/current-affairs\/promotion-of-millet-based-products-3853\/","title":{"rendered":"PROMOTION OF MILLET-BASED PRODUCTS"},"content":{"rendered":"\r\n<div class=\"wp-block-group english-content is-layout-flow wp-block-group-is-layout-flow\">\r\n<p><span style=\"color: #000000;\">The Government of India has introduced a scheme to promote millet-based products and encourage value addition in the food industry. With a financial outlay of \u20b9800 crore, this initiative aims to support the growth of the millet sector from FY 2022-2023 to FY 2026-2027. The scheme focuses on increasing local sourcing, improving the availability of millet-based products in the market, and driving sustainable growth in agriculture.<\/span><\/p>\r\n<h2 dir=\"ltr\"><span style=\"color: #000000;\">About<\/span><\/h2>\r\n<ul>\r\n<li>\r\n<p dir=\"ltr\"><span style=\"color: #000000;\">Launched by the Government of India to promote millets in food products and encourage value addition. The scheme covers the period from FY 2022-2023 to FY 2026-2027 with an outlay of \u20b9800 crore. To ensure smooth implementation, the government has introduced a user-friendly portal, created dedicated support groups, and conducted weekly meetings with applicants for progress tracking and issue resolution. This scheme is going to boost the millet industry, promote local sourcing, and improve the availability of millet-based products in the market.<\/span><\/p>\r\n<\/li>\r\n<\/ul>\r\n<h2 dir=\"ltr\"><span style=\"color: #000000;\">Eligibility Criteria<\/span><\/h2>\r\n<ul>\r\n<li>\r\n<p dir=\"ltr\"><span style=\"color: #000000;\">The scheme eliminates the threshold investment requirement, making it accessible to more applicants.<\/span><\/p>\r\n<\/li>\r\n<li>\r\n<p dir=\"ltr\"><span style=\"color: #000000;\">Companies must achieve a minimum year-on-year sales growth of 10% over the base year to qualify for incentives.<\/span><\/p>\r\n<\/li>\r\n<li>\r\n<p dir=\"ltr\"><span style=\"color: #000000;\">Only locally sourced agri-products (except for additives, flavors, and oils) should be used in millet-based products.<\/span><\/p>\r\n<\/li>\r\n<li>\r\n<p dir=\"ltr\"><span style=\"color: #000000;\">Ready-to-Eat and Ready-to-Cook Products:<\/span><\/p>\r\n<\/li>\r\n<li>\r\n<p dir=\"ltr\"><span style=\"color: #000000;\">The program encourages sales of branded consumer packs that contain more than 15% millet by weight or volume.<\/span><\/p>\r\n<\/li>\r\n<\/ul>\r\n<p dir=\"ltr\"><span style=\"color: #000000;\">Beneficiaries:<\/span><\/p>\r\n<ul>\r\n<li><span style=\"color: #000000;\">At the time of initiation, 30 beneficiaries were enrolled, and after one withdrawal, there were 29 beneficiaries in the scheme.<\/span><span style=\"color: #000000;\">To date, \u20b93.917 crore has been released to 19 applicants for FY 2022-2023.<\/span><\/li>\r\n<li dir=\"ltr\">\r\n<p dir=\"ltr\"><span style=\"color: #000000;\">Impact on Local Agriculture:<\/span><\/p>\r\n<ul>\r\n<li>\r\n<p dir=\"ltr\"><span style=\"color: #000000;\">The need for locally procured agricultural products has increased local production and procurement.<\/span><\/p>\r\n<\/li>\r\n<\/ul>\r\n<\/li>\r\n<li dir=\"ltr\">\r\n<p dir=\"ltr\"><span style=\"color: #000000;\">Progress and Achievements:<\/span><\/p>\r\n<ul>\r\n<li>\r\n<p dir=\"ltr\"><span style=\"color: #000000;\">According to the Union Minister of State for Food Processing Industries, Shri Ravneet Singh Bhittu, through a written reply in Rajya Sabha:\u00a0<\/span><\/p>\r\n<ul>\r\n<li>\r\n<p dir=\"ltr\"><span style=\"color: #000000;\">FY 2022-2023 claims had to be filed in FY 2023-2024.<\/span><\/p>\r\n<\/li>\r\n<li>\r\n<p dir=\"ltr\"><span style=\"color: #000000;\">The continued support of the scheme has helped in the development of millet-based food products in India.<\/span><\/p>\r\n<\/li>\r\n<\/ul>\r\n<\/li>\r\n<\/ul>\r\n<\/li>\r\n<\/ul>\r\n<h3><span style=\"color: #000000;\">Conclusion<\/span><\/h3>\r\n<p><span style=\"color: #000000;\">The government&#8217;s initiative to promote millet-based products is poised to revolutionize the food industry by enhancing local agriculture, encouraging sustainable sourcing, and supporting value-added products. With an \u20b9800 crore investment, this scheme aims to create a robust market for millets, benefiting local farmers and boosting economic growth in the sector.<\/span><\/p>\r\n<\/div>\r\n","protected":false},"excerpt":{"rendered":"<p>The Government of India has launched a scheme to promote millet-based products, aiming to boost local agriculture and enhance the availability of millet in the market. With an \u20b9800 crore outlay for FY 2022-2027, the scheme supports value addition and encourages the use of locally sourced agricultural products.<\/p>\n","protected":false},"author":6,"featured_media":27504,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[23],"tags":[979,83,986,977,987,985,975,984,978,980,983,974,976,982,981],"class_list":["post-27503","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agriculture","tag-agricultural-growth","tag-current-affairs","tag-economic-impact","tag-food-processing","tag-food-products-market","tag-fy-2022-2027-scheme","tag-government-schemes","tag-indian-agriculture","tag-local-agriculture","tag-millet-industry","tag-millet-based-food","tag-millet-based-products","tag-promotion-of-millets","tag-sustainable-growth","tag-value-addition"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/posts\/27503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/comments?post=27503"}],"version-history":[{"count":2,"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/posts\/27503\/revisions"}],"predecessor-version":[{"id":28520,"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/posts\/27503\/revisions\/28520"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/media\/27504"}],"wp:attachment":[{"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/media?parent=27503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/categories?post=27503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.class24.study\/current-affairs\/wp-json\/wp\/v2\/tags?post=27503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}