comScore
Active Stocks
Fri Sep 22 2023 15:58:38
  1. Tata Steel share price
  2. 126.7 -0.86%
  1. HDFC Bank share price
  2. 1,529.2 -1.57%
  1. State Bank Of India share price
  2. 598.1 1.67%
  1. Power Grid Corporation Of India share price
  2. 199.1 -1.34%
  1. Tata Motors share price
  2. 621.1 -0.93%
Business News/ News / India/  FSSAI to meet international food regulators
Back

New Delhi: In a first, the Food Safety Standard Authority of India (FSSAI) under the aegis of the union health ministry will hold a meeting with the global food regulators including G20 countries on 20-21 July.

The plan is to strengthen food safety system and regulatory framework across the global food value chain.

According to the India’s apex food regulator, the country’s food safety and regulatory system needs constant evolving to counter the emerging food hazards, pandemic scenarios and implement new technologies.

As per WHO, food safety is a major determinant of health. It affects the survival, well-being, livelihood and productivity of individuals and eventually societies. One in 10 people worldwide fall ill from eating contaminated food each year.

Unsafe food costs low- and middle- income countries $110 billion each year in productivity and medical expenses.

“We are seeking participation of food regulators from around 60 countries including G20 member countries. This is an opportunity to create an exchange of information on food products regulatory and safety requirements and to enable a common dialogue on food safety, food standards, risk assessment, analytical competence, labelling. Beside this, it will enable the food value chain stakeholders such as government, food manufacturers, processors, exporters and importers to understand food safety and regulatory framework in other countries," said the official aware of the matter.

There will be a signing of Memorandum of Understanding (MoU) with the countries such as Netherlands, Australia, Morocco on food safety measures.

According to the Food Service and Restaurant Business Report 2022-23, India’s food service market is expected to reach $79.65 billion by 2028, growing at a CAGR of 11.19% from $41.1 billion in 2022.

“The summit will help us to understand current and emerging challenges and define a way forward to ensure effective implementation of food safety, quality and regulatory norms. Different government departments and ministries like ministry of commerce, agriculture, food processing, CDCSO, ICMR are likely to participate," said the official.

The plan is also to launch first ever common digital platform—Food-o-Copoeia—an online guide prepared by any food authority in the world to captures all requirements related to quality, safety, labelling, claims, documents, regulations, prohibitions etc. for a specific food product.

Queries sent to the health ministry did not answer till press time.

"Exciting news! Mint is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest financial insights!" Click here!

ABOUT THE AUTHOR
Priyanka Sharma
Priyanka Shamra is a health and pharma journalist with nearly nine years of field reporting experience. She is a special correspondent with Mint. Her beat includes covering the Ministry of Health and Department of Pharmaceuticals. She also covers the Ministry of Women and Child Development and the Department of Biotechnology.
Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Updated: 11 Jul 2023, 11:04 PM IST
Next Story
Recommended For You
Switch to the Mint app for fast and personalized news - Get App