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PAC of MoFPI okays 44 projects under Operation Greens-Long Term Interventions.
Dec 07, 2022
The Project Approval Committee - PAC of Ministry of Food Processing Industries - MoFPI has approved 44 projects under the Operation Greens - Long Term Interventions.
According to MoFPI, PAC reviewed each of the 44 eligible proposals recommended by the Technical Committee (TC) and approved all these proposals.
Meeting of the PAC constituted under the Scheme for Operation Greens – Long Term Interventions was held under the chairmanship of the Minister, FPI, on Oct 20, 2022, to consider the proposals received against the Expression of Interest (EoI) dated June 21, 2022.
Further, in response to the EoI, the ministry had received 56 proposals (including 3 proposals withdrawn by the applicants) on SAMPADA Portal of MoFPI. The Technical Committee evaluated all the proposals and recommended 44 proposals as eligible, as per scheme guidelines.
Also, MoFPI added that grants-in-aid for eligible proposals was calculated on the basis of the draft cost norms published by the ministry in respect of fruits & vegetables segment and same shall be applicable and bank appraisal note as well as term loan sanction (in-principle/ final) from bank may be verified for the proposals wherein approval of PAC is being accorded. The approval letter to be issued to the applicant should clearly mention this.
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