Govt’s Initiatives to Promote the Meat and Poultry Sector
- The government charges no central excise or income tax poultry and meat sector.
- The government is also planning to introduce advanced technologies in the slaughterhouses which decreased meat waste, reduce contamination, and maintain the quality of meat.
- The government of India allows 100% FDI (Food Processing Industries) in the meat and poultry sector and there are no restrictions on its export as well.
- The National Meat and Poultry Processing Board, which comes under the Ministry of Food Processing is working to bridge the gap between the meat producers and the FPIs.
Pink Revolution in the Food Processing Industries
The food processing industry (FPI) is among some of the most promising and profitable industries in India. In the last few decades, the FPI has grown significantly and has become of the major contributing industries to the GDP of India. Many economists and researchers believe that the White and Green Revolution in India stands out as one of the major factors contributing to the success of Food Processing Industries in India and it’s true to some extent. But apart from the Green Revolution and the White Revolution, the Pink Revolution also significantly contributes to the growth of FPI in India.
On average India produces more than 75 billion eggs and more than 6.3 million tonnes of meat each year.
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