Bhubaneswar: The Odisha Cabinet has approved certain amendments in Odisha Food Processing Policy’2022 for promotion of Food Processing enterprises in the State.
The following amendments are approved by the Cabinet.
Some MSMEs are getting debarred to avail higher financial incentives from the State Government as because of they have availed similar incentive from the Government of India. With this amendment, differential amount’ of financial benefit can be extended to them, who have availed of similar incentive from the Government of India, if the state policy offers higher incentives.
Enhancement of the timeline for condonation of delay, from the present limit of 60 days to 90 days, for filing of application for incentives by MSMEs for reasons not ascribable to them.
Promote large investment (i.e Rs. 1 crore and above) in packaged drinking water.