The finance minister Nirmala Sitharaman today presented the Union Budget 2020-21 in the Lok Sabha session. This budget is the second budget of the Modi Government.
Malini Saba, founder, and chairman, Saba Group Holdings expresses her views on the budget and says, “The Pradhan Mantri Kisan Urja Suraksha evem Utthan Mahabhiyan (PM KUSUM) expansion for setting up standalone solar pumps for farmers will increase their land productivity, efficiency, and help agriculture business value chain in a big way.”
According to her, the setting up of Kisan Rail for transportation of perishable goods is a great initiative that will increase the food item shelf-life during transport and, in turn, boost farmer’s income.
“Building organized and mechanized warehousing announced by the finance minister on the public-private partnership (PPP) model is likely to reduce logistics costs and enhance the product holding capacity. This will improve the organized supply and boost agricultural activities in this segment while attracting global investors and developers, reducing distribution costs, encouraging third-party logistics as well as creating jobs. The budget gives a leg-up to start-ups by announcing an investment clearance cell. This should help clear roadblocks in the ways of attaining funding for Agritech policies.”
IndiFoodBev — authentic, impactful and influential
An English-language food and beverage processing and packaging industry B2B platform in print and web, IndiFoodBev is in its third year of publication. It is said that the Indian food and beverage industries represent approximately US$ 900 billion in revenues which implies more than 20% of the country’s GDP. Eliminating the wastage on the farmside can help to deliver more protein to a higher number of the population apart from generating sizable exports. The savings in soil, seeds, water, fertilizer, energy and ultimately food and nutrition could be the most immense contribution that country is poised to make to the moderation of climate change.
To improve your marketing and grow sales to the food and beverage processing and packaging industry, talk to us. Our research and consulting company IppStar [www.ippstar.org] can assess your potential and addressable markets in light of the competition. We can discuss marketing, communication, and sales strategies for market entry and growth.
Suppliers and service providers with a strategy and budget for targeted marketing can discuss using our hybrid print, web, video, and social media channels to create brand recognition linked to market relevance. Our technical writers are ready to meet you and your customers for content.
The second largest producer of fruit and vegetables in the world is continuously expanding processing capacities and delivery systems with appropriate innovative technologies. We cover product and consumer trends, nutrition, processing, research, equipment and packaging from farm to thali. Get our 2025 media kit and recalibrate your role in this dynamic market. Enhance your visibility and relevance to existing markets and turn potential customers into conversations. Ask for a sample copy of our bi-monthly in print or our weekly IndiFoodBev eZine each Wednesday.
For editorial info@ippgroup.in — for advertisement ads1@ippgroup.in and for subscriptions subscription@ippgroup.in
Naresh Khanna – 10 February 2025
Subscribe Now
