The Patanjali Food and Herbal Park, being set up here by Yoga Guru Baba Ramdev, will ameliorate farmers' economic situation and create over 20,000 jobs in Uttarakhand, Minister of State for Food Processing Industries Subhodh Kant Sahai today said.
“With the launch of a mega food park at Haridwar, farmers in the state will become financially independent as their produce will be sourced for processing. Also, the park will generate as many as 20,000 jobs in the initial phase,” Sahai said, laying the foundation stone for the mega food park.
The Patanjali Food and Herbal Park, expected to commence operation in August this year, is being developed by a company promoted Baba Ramadev. The park is expected to attract investments to the tune of Rs 500 crore.
The minister said that currently fewer than 2.5 per cent of food commodities are processed in the country as against 80 per cent in developed countries.
To link farmers directly to the market and processing units, Sahai urged the state government to amend the Agricultural Produce Marketing Committee (APMC) Act and levy zero per cent VAT on processed food products.
“It is high time that state government amended the APMC Act and levied minimum VAT on processed products, so that farmers got better returns,” he said.