On September 4, 2020, the state government of Andhra Pradesh (AP) inked 8 pacts with 7 major domestic and global companies and with the Government of Netherlands to boost the food processing sector of various agricultural products, including bananas, tomatoes, mangoes, sugar, chillies, vegetables, and aqua products in the state.
- The Memoranda of Understanding (MoU) in this regard was inked in the presence of Chief Minister Yeduguri Sandinti Jaganmohan Reddy. The MoU also aims to empower the women and the socially backward communities economically.
- It should be noted that the State government is focusing on maximum utilisation of aqua base in the state. The government had already proposed Fisheries University in West Godavari where the farmers are engaged in aqua and fish culture.
About MoUs:
- With Netherlands: The Netherlands government will help the state government and its farmers for interior architecture, design, packaging and containers for the food processing.
With 7 other firms:
- The firm IFB will assist the state government and its farmers in technology and marketing of shrimp and fish.
- A MoU with Empire Company is also for export and retail marketing of shrimp and fish.
- Another company, ITC, would assist the government in mango, sweet lime and chillies.
- The Lawrencedale Agro Processing India Private Limited had signed the MoU for food processing of onions.
- BigBasket had signed the MoU for processing of Tomato and Bananas in harvest and processing.
- The Pune (Maharashtra) -based Futuretech Foods India had signed the MoU with the government to help in all fruits including bananas beside vegetables.
- The Tiruchirappalli (Tamil Nadu)-based Indian council of Agricultural Research (ICAR)-National Research Center (NRC) for Banana had signed the MoU to help the government in banana processing, besides introducing technology in dry banana products.
The state government is committed to take all the measures to support the farmers in the state and also urged them to involve in food processing and utilize.
Recent Related News:
The State Government of AP announced the Andhra Pradesh Renewable Energy Export Policy 2020, which permits the sale of power to the other states of India. The policy will be in force for five years. Its aim is to utilize the unused potential and to attract private investments to boost the economy and to generate additional revenue to the government.
About Andhra Pradesh:
Governor– Biswa Bhusan Harichandan
Capital– Amaravati
