- For Farmers:
- Increased farm gate prices.
- Reduced wastages of agricultural produce.
- Better value realization for their crops.
- Promotes crop diversification.
- For Consumers:
- Availability of safe and convenient processed foods.
- Affordable prices.
- Wider variety of food products.
- For the Economy:
- Reduces agricultural waste.
- Ensures value addition to agricultural produce.
- Generates employment opportunities (expected 9 million by 2024).
- Increases export earnings.
- Contributes to manufacturing GDP.
- Helps move labor from agriculture to manufacturing, reducing disguised unemployment.