IN THE ABSENCE OF TEMPERATURE CONTROL FACILITIES, INDIA WASTES RS.440 BILLION WORTH OF FRUIT AND VEGETABLES: APEDA

IN THE ABSENCE OF TEMPERATURE CONTROL FACILITIES, INDIA WASTES RS.440 BILLION WORTH OF FRUIT AND VEGETABLES: APEDA

IN THE ABSENCE OF TEMPERATURE CONTROL FACILITIES, INDIA WASTES RS.440 BILLION WORTH OF FRUIT AND VEGETABLES: APEDA

No.PR-72
July 21, 2014
New Delhi

IN THE ABSENCE OF TEMPERATURE CONTROL FACILITIES, INDIA WASTES RS.440 BILLION WORTH OF FRUIT AND VEGETABLES: APEDA

Agricultural and Processed Food Products Export Development Authority (APEDA) on Monday estimated that India is loosing Rs.440 billion worth of money on wastage of fruit and vegetables annually since it has failed to create temperature control facilities and adequate storage houses to store these two perishable goods.

APEDA’s Chairman-cum-Secretary, Dr. Santosh Kumar Sarangi in his special address at a Logistics Conclave-2014, organized by PHD Chamber of Commerce and Industry here today added that India in totality suffered annual losses, amounting to Rs.550 billion due to inadequate cold storages and suitable supply chain infrastructure including inadequate food processing facilities in the agri sector.

“Only 2 per cent of fresh fruit and vegetables produced in India, which is their second largest producer in the world are stored in the meagerly available temperature controlled facilities against 85 per cent of the leading economies in the world which is responsible for the whopping annual losses of fruit and vegetables”, said Dr. Sarangi.

However, he explained that with adoption of modern techniques for higher fruit and vegetables yield and their harnessing by State of Jammu & Kashmir in the last three years, the State has been able to substantially curtail its apple wastages with the help of private and public intervention.

Mr. Dinesh Rai, Chairman, Warehousing Development and Regulatory Authority (WDRA) in his inaugural address informed that the regulator has been advocating for conferment of infrastructure status on logistics, given its key role in the emerging economy and the Planning Commission has already endorsed its view on the subject.  The issue, according to him is progressing favourably with other concerned departments in the government.

Mr. Rai also said that the new government was serious about the growth of the logistics sector which can be gauged from the fact of its allocation of Rs.5,000 crores in the budget for 2014-15. 

In addition, subsidized loans are also granted for logistics sector by public sector banks with government increasing subsidy for the sector to an extent of 25 per cent on government grants to promote the sector, added Mr. Rai.

In his welcome address, Mr. Alok B Shriram, Sr. Vice President, PHD Chamber complemented the WDRA for making efforts for granting infrastructure status on logistics as with it in place the industry would be subject to certain entitlements, leading to the betterment of the logistics sector which has not been given the required attention by the policymaker.

Mr. R S Bedi, Chairman, Task Force on Logistics Management, PHD Chamber also suggested that a consensus and integral approach need to be adopted by Centre and States to transform the logistics sector to serve the needs of modern times to enhance its contributions to national GDP.
ENDS
Koteshwar Prasad Dobhal
Consultant (PR)