In recent, the Department of Industries has decided to grant a permit to wine manufacturing units in Kerala. Minister E P Jayarajan made it clear in an exclusive interview with a local portal that the winemaking will be allowed as part of the scheme of manufacturing value-added products from farm produce.
The only way to overcome the present crisis is to improve the local market and make value-added products, the minister added.
After the lockdown, fruit producers faced a loss of Rs 319 crore. Permission will be granted for the units that produce wine from fruits. A project for making wine from cashew fruit was already granted a license. Wine can also be produced from banana and pineapple also, the minister said.
The minister added that the government will start a microfinance corporation under government control for providing loan for low-interest rate for the new entrepreneurs. Many financial companies levy up to 18 per cent interest and this is the reason why enterprises are struggling to survive. The financial corporation under government will be able to grant loans for zero-interest or low-interest rate, he said.
Considering the situation during COVID times, the new ventures that applied for a license were granted the same within one week. New enterprises will be started with the partnership of repatriated NRIs, the minister stated.
A new project called ‘Subhiksha Keralam’ has been announced coordinating seven departments in order to increase production in the agriculture sector. The Department of Industries is responsible for starting enterprises of value-added products from the farm produce, said the minister.