food processing law to be finalised soon
3 August 2004
The centre will soon invite views on a comprehensive
draft law for the food processing sector, due to be
published shortly. Currently, the sector is subject
to around 15 statutory, which the draft law is proposed
to replace them by incorporating the relevant provisions.
to union minister of state (independent charge) for
Food Processing Industries, Subodh Kant Sahai said,
"Comments of the state government will be obtained
on the draft. A regulatory authority for the sector
is also being planned." The draft now awaits the
final views of four ministries viz agriculture, commerce,
law and health.
also said that the state governments should follow the
centre's policy of encouraging food processing units
by sufficient tax measures.
The states should not increase the sales tax rates thereby
negating the tax concessions announced by the centre.
of reports on foods/beverages