What are its advantages?  
  1. The primary objective of the MFPS is to provide state of the art infrastructure facilities for the food processing along the value chain from the farm to the market. It will include creation of infrastructure near the farm, transportation, logistics and centralized processing centers. The main feature of the Scheme is a cluster based approach. The scheme will be demand-driven, pre-marketed and would facilitate food processing units to meet environmental, safety and social standards.
  2. MFPS is expected to facilitate the achievement of the Vision 2015 of Ministry of Food Processing Industries to raise the processing of perishables in the country from the existing 6% to 20%, value addition from 20% to 35% and the share in global food trade from 1.5% to 3% by the year 2015
  3. The expected outcome is increased realization for farmers, creation of high quality processing infrastructure, reduction in wastage, capacity building of producers and processors and creation of an efficient supply chain along with significant direct and indirect employment generation.
  4. Food processing units participating in these Mega Food Parks on the behalf of their eligibility criteria will get Income Tax Relief, Exception from Excise Duty and Service Tax Exemption.