Bhopal, Oct 18 (UNI) Suggestions of investors will be sought, during the two-day Global Investors' Summit scheduled to begin on October 26 at Madhya Pradesh's commercial capital Indore, on a policy being drafted for encouraging setting up of food-processing units in the state.
The decision was taken here today at an Investment Committee meeting chaired by Chief Minister Shivraj Singh Chouhan. The state Cabinet would provide final shape to the policy after the suggestions were received. Among those present were Commercial Tax Minister Babulal Gaur, who is also former Chief Minister, and Finance Minister Raghavji.
''In view of the better prices that farmers will receive after the units' establishment, conditions will be relaxed vis-a-vis the units,'' said Secretary (Horticulture) M P S Parihar. The state is processing just about one per cent of the country's agricultural produce.
The meeting decided to provide facilities to Grasim Industries, Nagda (Ujjain division) and Insulators and Electricals Company, Mandideep (Raisen district).