Union Agriculture Minister Sharad Pawar today said that FDI in multi-brand retail will cut down the post-harvest losses to farmers and bring investments in cold chain facilities.
“Farmers will gain on at least two counts: significant reduction in post-harvest losses such as loss in transit (of produce) due to non-refrigeration and air-conditioning transportation system, and better prices. Consumers will gain from lower prices, greater choice and higher quality,” Pawar told reporters here.
He said the policy decision will boost investments in cold chain facilities.
“Post-harvest losses in the country are high. There are losses in the entire supply chain from farm to market. Investment in cold chains is required. More investment to set up such facilities will come with the entry of FDI. This will benefit both farmers and consumers,” the Agriculture Minister said.
Pawar is on a two-day visit to Sangli and Kolhapur in the western Maharashtra region.