NSIC subsidy scheme for minority entrepreneurs

New Delhi, May 26 (KNN)  National Small Industries Corporation (NSIC) is offering subsidies to entrepreneurs of micro, small and medium enterprises belonging to SC/ST or North Eastern states to participate in a food and technology expo and an international agriculture and horticulture expo to be held here.
 
The 10th edition of the Food and Technology Expo and 10th International Agriculture and Horti Expo will be held from July-25 to 27.
 
The NSIC subsidy scheme is meant for entrepreneurs of scheduled castes/scheduled tribes and North East region states.   Under the scheme micro units will get a 95 per cent subsidy for which they would have to pay Rs 7,080 which is inclusive of taxes and other facilities; small units an 85 per cent subsidy at Rs 21,250; and medium get 50 per cent subsidy at Rs 70,790, official data said.
 
The 10th Food and Technology Expo is being organized by media group NNS.  Like its earlier editions, the event will provide an excellent platform for food grains processing technologies providers, agro based industries, food processing sector, hospitality sector, health and Fitness sector, related technologies and service providers and government departments to display and discuss their latest innovations.
 
The event will also provide vast opportunities for international and local players in the food processing sector, hospitality sector and fitness sector.
 
The Food Processing Industry sector in India is one of the largest in terms of production, consumption, export and growth prospects. The government has accorded it a high priority, with a number of fiscal relief and incentives, to encourage commercialization and value addition to agricultural produce; for minimizing pre/post harvest wastage, generating employment and export growth.
 
The International Agriculture and Horti Expo-2014 is a 3 day exhibition with focus on Agricultural and Horticultural Advancements and International Trade; Protected Cultivation (Greenhouse), Irrigation and Farming Technologies; Organic Farming and Fresh Fruits, Vegetables, Cereals etc.; International Seeds, Fertilizers and Pesticides; Processed Foods and Post Harvest Technologies; Agri Finance, Insurance and Research Institutes; Cold Storage and Technologies.
 
This event too will provide a platform for State Horticulture Missions; Horticulture Mission for North East and Himalayan States; National Bamboo Mission, Agriculture Departments of Various States; Nodal Agencies; Tractors / Harvesters / Agricultural equipment Manufacturers, International Seeds, Fertilizers, Pesticides Manufacturers; Cultivation, Irrigation and Farming Technologies providers; Fresh and organic Fruits and Vegetable Suppliers; Agribusiness Consultants, Progressive Farmers, Consumers and other government departments to display and discuss their latest innovations in Agriculture and Horticulture sector.
 
India is the second largest producer of fruits and vegetables in the world and the billion people market has vast opportunities for international and local players in the agriculture and horticulture sector, a high priority sector with a number of fiscal relief and incentives, to encourage commercialization and value addition to agricultural produce; for minimizing wastage, generating employment and export growth.
 
Farmers Workshops are also proposed to be held for active interaction between experts and the farmers.