GOVERNMENT SUBSIDY SCHEME ON AGRI-MARKETING INFRASTRUCTURE PROJECTS

Scheme for Strengthening of Agricultural Marketing infrastructure, grading and standardization

Nodal Agency: Directorate of Marketing and Inspection

Objectives:

•       To provide additional agricultural marketing infrastructure

•       To promote competitive alternative agricultural marketing infrastructure by inducement of private and coop. sector investments

•       To strengthen existing agril marketing infrastructure to enhance efficiency

•       To promote direct marketing so as to increase market efficiency

•       To provide infrastructure facilities for grading, standardization and quality certification of agricultural produce.

•       To promote grading, standardization and quality certification system for giving a major thrust for promotion of pledge financing and marketing, credit, introduction of negotiable warehousing receipt system and promotion of forward and future markets

•       To promote direct integration of processing units with producers.

•       To create general awareness and provide education and training to farmers, entrepreneurs and market functionaries

Eligibility:

•          Individuals, Group of farmers/ growers/ consumers, Partnership/Proprietary firms, Non-Government Organizations (NGOs), Self Help Groups (SHGs).

•       Companies, Corporations, Autonomous Bodies of the Government, Cooperatives, Cooperative Marketing Federations, Local Bodies, Agricultural Produce Market Committees &  Marketing Boards.

Subsidy:

•          33% for NE States, States of Uttarakhand, Himachal Pradesh, Jammu & Kashmir, Hilly and Tribal areas/ SC & STs and their cooperatives.

•          25% for others.

•       Maximum amount of subsidy shall be restricted to Rs.50 lakh for each project.  In the case of North Eastern States, hilly and tribal areas, in the States of Uttarakhand, Himachal Pradesh, Jammu & Kashmir and to entrepreneurs belonging to SC/ST and their cooperatives, maximum amount of subsidy shall be Rs.60 lakh for each project.

•       In respect of infrastructure projects of State Agencies, there will be no upper ceiling on subsidy to be provided under the scheme.

Subsidy is back ended.