World Bank to provide Rs.3,000 crore aid for food parks

Union Minister of State for Food Processing Industries Rameswar Teli has said, the World Bank will provide three thousand crore rupees assistance to finance, mini and mega food parks across the country.

This will help boost farmers' income. He was addressing the  15th Indo-US Economic Summit organized by the



Indo-American Chamber of Commerce-North India Council (IACC-NIC) in New Delhi yesterday.

In a statement, IACC-NIC quoted the Minister as saying that minor formalities remain to be completed on this front before the first disbursement of the sanctioned amount is released.