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Naveen Chander Expects Zero GST for food processing companies

Nutritious, Hygienic and Healthy food giving diet to young Indians is that the most urgent need for a healthy India

Naveen Chander, Co-founder, NuTy (an initiative of Tulita Ahara Pvt. Ltd.)

India’s features a burgeoning young working population with a median age of 28.4, making the requirements of nutrition and health through good quality food the foremost urgent need of the country. While many in urban India are calorifically sufficient, nearly 70% are nutritionally deficient, which causes several long-term health problems and diseases. the supply of a diet for working adults is of utmost importance to individuals, because it is to the state .

The critical need for India is for affordable, tasty, nutritional, and hygienic food made accessible to working millennials in a simple and convenient manner in order that they don't need to make compromises on health thanks to the sort of food they consume daily.

At an equivalent time, India’s food wastage is estimated to be around 67,000 million tonnes per annum valued at Rs. 92,000 Crores, which may and must be saved with modern food preserving technologies.

We urge the Hon’ble minister of finance to accommodate budgetary allocations in three important areas for a healthier India;

(1) tax rebate for 3 years for companies helping reduce food wastage using modern food preserving technologies like cold-pasteurization high Processing (HPP) who can give assurance of extended time period of ready-to-eat, cooked meals of upto 4 months or more.

(2) Zero GST bracket for food processing companies that source agri-produce directly from farmers, fishermen and poultry farmers, creating farm-to-table access for agri-produce by eliminating the agricultural middleman.

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