New Delhi, July 19 -- The government is considering a new incentive framework to boost the food processing sector, which may differ from the existing production-linked incentive (PLI) scheme that offers companies financial rewards based on incremental sales, according to two people aware of the development.

The Union food processing ministry is reviewing lessons from the current PLI programme and consulting industry stakeholders before finalizing the new framework. It has also held discussions with PLI beneficiaries to identify segments requiring additional policy support, including plant-based proteins, nutrition products, dairy by-products and technologies aimed at reducing food wastage.

"It's not that we are going to have PLI 2.0, ma...