cles that don't fall in this category requires p

There are a number of great benefits to taking out a home equity loan; not least the opportunity to open a line of credit Wholesale Paul Byron Jersey , pay existing debts or put your children through college, the list is endless. There are also positive tax benefits, if you're unsure about this you should speak to your accountant before taking out a home equity loan. So in a world of greedy banks making billions of dollars a year, why do they like it when we take out a home equity loan?


The simply reason is that home equity loans are the 'loan of the day?, they are very popular and as a result they make banks a lot of money. Another reason Wholesale Joel Armia Jersey , and one that is perhaps more important, is that home equity loans are secured loans, secured on a tangible asset, your home. Therefore, there is less risk to the bank for lending you the money. This is great news for banks and its shareholders as they are making record profits with less risk. It's a simple formula to the banks; they'll lend you the money in return for an interest rate payment. If you fail to pay Wholesale Mike Reilly Jersey , they will take your property from under you and sell it, whatever happens they can not lose.


So as long as borrowers pay their home equity loan bills on time and they got what they wanted out of it, surely everyone is a winner, right? On paper, this certainly appears to be the case; however there is a growing concern that many people view the equity in their home as their spending money and are starting to fritter away Wholesale Karl Alzner Jersey , what in many cases is their only form of assets or savings. Experts argue that there needs to be more control on home equity loans and the reason for the loans.

One of the largest industries in India is the food processing industry that possess the huge potential to uplift the agricultural economy. The food processing and manufacturing units have created a lot of employment and earnings as well due to its evolution in the past two decades. There have been the globalization and new products are also being imported in India. The evolution in the food industry has resulted in new products development or preparation process development, technological advances to create better products for the food market.


But to ensure complete safety and security several permits are required before starting a food business, especially when the product is new in the Indian food market. This necessity for proper regulation of the manufacture, imports, export Wholesale Jeff Petry Jersey , sale or storage of such products made India Government consolidate Food Safety and Standards Act, 2006 with a provision for Product Approval, now called the Non-specified Food Approval. This act established the Food Safety and Standard Authority of India (FSSAI) that made it mandatory to get the new productsingredients approval before its manufacture or trade in the Indian Market.


Product approval is a wide-ranging validation according to the Indian rules for trading any product in the Indian marketand is responsible for governing and directing the approval process by maintaining complete vigilance on each and every such product.


Once a food product is approved by FSSAI means it gets the permission for manufacture or export or import and the food article or the food ingredients and are marked safe for human consumption. In simple words, we can say that a food business operator does not have permission to manufacture, market Wholesale Phillip Danault Jersey , retail, store, import, store or distribute any new food ingredients or productswithout approval from FSSAI. For getting approval it has to prove that the product is completely safe and will not cause any kind of harm after consumption. Product approval FSSAI is mandatory for every food manufacturer, importers Wholesale Max Domi Jersey , exporters, and brand owners of new, non-native and innovative products for the Indian market.


Category of food products as set by food regulatory compliance:


鈥?Standardized products: This includes products for which standards have been set and there is no need to get product approval.
鈥?Non-standardized product: products with undefined safety parameters, or those not meeting the standards as defined by FSSAI.


Proprietary products: Products prepared by mixing standardized ingredients


Until now FSSAI has already standardized 380 food articles in total 16 categories. Those food particles that don't fall in this category requires product approval. These are mainly Novel ingredients including those prepared by using novel technology, non-native products to India and those prepared by innovation or using innovative technology. The approval is given by FSSAI under the supervision of several regulations that have been embedded. From the perspective of consumption Wholesale Jonathan Drouin Jersey , India market is very big under the control of the single commanding body in New Delhi with the slogan 鈥淥ne Nation, One Food Law鈥? For proper implementation of the approval regulation, it has created a checklist for ensuring efficiency and transparency in the approval process filing. Also a total of 68 food testing laboratories have been accredited by FSSAI that has be