India: Government’s production-linked incentive scheme promotes millet-based products

New Delhi [India], December 9 (ANI): The Government of India has introduced the Production Linked Incentive Scheme for Millet-Based Products (PLISMBP) to encourage the use of millets in food products and drive value addition. The scheme removes the threshold investment requirement, enabling more participants to access its benefits. Eligible companies must achieve a minimum year-on-year sales growth of 10 per cent over the base year to qualify for incentives. The focus is on branded Ready-to-Eat (RTE) and Ready-to-Cook (RTC) products in consumer packs containing at least 15 per cent millet by weight or volume. Initially, 30 beneficiaries joined the scheme. However, with one withdrawal, 29 companies are now enrolled. A key stipulation requires the exclusive use of domestically sourced agricultural products–excluding additives, flavors, and oils–for millet-based food preparation. This policy has spurred local production and procurement, providing significant benefits to Indian ...