Food processing sector's growth to touch 20 percent in 100 days: Sahay

Friday, 29 May 2009, 12:18 Hrs
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New Delhi: The growth rate of India's food processing sector will be brought up to a minimum of 20 percent from the current 14 percent within 100 days of the new United Progressive Alliance (UPA) government taking charge, according to Minister for Food Processing Industries Subodh Kant Sahay.

"When (India's) overall growth was at 5-6 percent, this ministry's growth was at 14 percent. And within 100 days, we will give you a growth rate of a minimum 20 percent," Sahay, who retained the portfolio after being elevated to cabinet rank, told reporters after assuming office here Friday.

"With my elevation, the ministry also got elevated, which is a good development," he stated.

Sahay was minister of state (independent charge) for food processing industries in the last UPA government. He r
Source: IANS
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