Introduction:
The Ministry of Food Processing Industries (MoFPI) plays a pivotal role in fostering innovation and development in the food processing sector through its schemes, particularly the Research & Development in Processed Food scheme. This scheme aims to support demand-driven research and development initiatives that benefit the food processing industry by enhancing product quality, efficiency, and value addition. Let’s explore the key components, eligibility criteria, and benefits of this scheme.
Key Objectives:
The primary objective of the Research & Development in Processed Food scheme is to facilitate the development of innovative products and processes in the food processing industry. By providing financial assistance for research projects, the scheme aims to address various challenges faced by the industry, such as product standardization, technology adoption, and quality control.
Eligibility Criteria:
Entities eligible to apply for financial assistance under this scheme include universities, IITs, central/state government institutions, government-funded organizations, R&D laboratories, and CSIR-recognized R&D units in the private sector. Eligible organizations must demonstrate a commitment to conducting demand-driven R&D work that aligns with the objectives of the scheme.
Benefits for Government Organizations/Institutions:
For government organizations, universities, and institutions, the scheme provides grant-in-aid covering 100% of the cost of equipment, consumables, and project staff salaries specific to the project for up to three years. The grant is released in three instalments, enabling organizations to undertake long-term research projects with financial stability.
Funding Pattern for Private Organizations/Institutions:
Private organizations and institutions receive grant-in-aid covering 50% of the equipment cost in general areas and 70% in Northeast States and difficult areas. Similar to government organizations, the grant is released in three instalments to support the purchase of necessary equipment and facilitate research activities.
Ministry’s Sponsored Projects:
Under the Ministry’s sponsored projects, 100% grant is provided exclusively to public-funded organizations of repute for cutting-edge research in areas such as product development, process innovation, and technology advancement. This support encourages collaboration between industry and academia to drive impactful research outcomes.
Conclusion:
The Research & Development in Processed Food scheme by the Ministry of Food Processing Industries is instrumental in driving innovation and development in the food processing sector. By providing financial assistance and support to research initiatives, the scheme empowers organizations to address industry challenges, enhance product quality, and contribute to the growth and sustainability of the food processing industry in India.
Add Comment