Quick Summary
In a strategic move to enhance the food processing sector, the Centre organized a high-level CEO roundtable on September 19, 2024, as part of the World Food India 2024 event. Co-chaired by Commerce Industry Minister Piyush Goyal and Food Processing Industries Minister Chirag Paswan, the roundtable brought together over 100 senior executives from leading food companies to address pressing industry concerns. The meeting focused on various challenges related to ease of doing business, GST rates,
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FAQ :
The Ministry will address the food processing industry's concerns regarding Goods and Services Tax (GST) rates and the overall GST framework.
The roundtable was co-chaired by Commerce & Industry Minister Piyush Goyal and Food Processing Industries Minister Chirag Paswan.
Key issues included demands for reduced GST rates, ease of doing business, misconceptions surrounding processed food, maximum residue limits (MRL), the Production-Linked Incentive (PLI) scheme, and regulatory frameworks.
The objective is to provide a platform for food industry leaders to share their concerns and suggestions with the government and to find solutions to foster a thriving food processing environment.
A notable concern was the ongoing export of 'maida' (refined flour) despite a ban on wheat exports.
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