Impact of Food Processing Industries on Socio Economic Development

Deepak Powdel


Agriculture is a traditional economic activity for survival as well as for economic prosperity. Dualism, an existence of traditional and modern agriculture is dividing the benefit of economic growth between the farmers (cultivators) and industrialist(investors). In this back drop, the paper tries to point out few challenges and drawbacks of the national agricultural policy. It also aims to find alternatives in food processing industries as a way to bridge the division between the stated groups so as to improve socio economic conditions of the people in the traditional sector. The banking sector in the rural areas is working towards realizing the goals of inclusive development by providing credit to the food processing industries.


Agriculture, Dualism, Food Processing Industries, Socio Economic Development, Horticulture and National Agricultural Policy

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