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Annual Report 2009-2010 - Department of Agriculture & Co-operation

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<strong>Annual</strong> <strong>Report</strong> <strong>2009</strong>-<strong>2010</strong><br />

66<br />

10.39 Chaudhry Charan Singh National Institute<br />

<strong>of</strong> Agricultural Marketing: Chaudhry Charan<br />

Singh National Institute <strong>of</strong> Agricultural Marketing<br />

(NIAM) came into being in August 1988 in Jaipur<br />

(Rajasthan) to <strong>of</strong>fer specialised training, research,<br />

consultancy, and education in the field <strong>of</strong><br />

agricultural marketing. NIAM is an autonomous<br />

body under the aegis <strong>of</strong> the Ministry <strong>of</strong><br />

<strong>Agriculture</strong>, Government <strong>of</strong> India.<br />

10.40 The Institute has been imparting training<br />

to senior and middle-level executives <strong>of</strong><br />

agricultural and horticultural departments, agroindustries,<br />

corporations, state marketing boards,<br />

agricultural produce marketing committees and<br />

apex-level cooperatives, commodity boards,<br />

export houses recognised by the Agricultural and<br />

Processed Food Products Development<br />

Authority (APEDA), commercial banks, and nongovernmental<br />

organisations.<br />

10.41 The Institute has prepared agricultural<br />

marketing plans for the development <strong>of</strong><br />

agricultural marketing in a number <strong>of</strong> states. It<br />

also prepares project reports for setting up<br />

terminal markets and other agri-business<br />

projects. The Institute has prepared a Master<br />

Marketing Plan for the Royal Government <strong>of</strong><br />

Bhutan (RGoB), which was completed in 2008-<br />

09.<br />

10.42 Small Farmers' Agri-business <strong>Co</strong>nsortium<br />

(SFAC): The Small Farmers' Agri-business<br />

<strong>Co</strong>nsortium was registered by the <strong>Department</strong><br />

<strong>of</strong> <strong>Agriculture</strong> and <strong>Co</strong><strong>operation</strong> as a Society under<br />

the Societies Registration Act, 1860 on 18<br />

January 1994. The members at present are the<br />

RBI, SBI, IDBI, EXIM Bank, Oriental Bank <strong>of</strong><br />

<strong>Co</strong>mmence, NABARD, Canara Bank, NAFED,<br />

United Phosphorous Ltd., etc. The mission <strong>of</strong> the<br />

Society is to support innovative ideas for<br />

generating income and employment in rural<br />

areas by promoting private investment in agribusiness<br />

projects. The Scheme is being<br />

implemented by SFAC in close association with<br />

commercial banks for providing i) venture capital<br />

to agribusiness projects, and ii) assist farmer and<br />

producer groups in the preparation <strong>of</strong> quality<br />

Detailed Project <strong>Report</strong>s (DPR). SFAC has<br />

established 18 state-level SFACs by contributing<br />

corpus funds.<br />

10.43 The Central Sector Scheme for Agribusiness<br />

Development was approved by the<br />

Government on 19 July 2005 for implementation<br />

during the remaining period <strong>of</strong> the Tenth Plan.<br />

The Scheme is being continued during the<br />

Eleventh Plan, with an allocation <strong>of</strong> Rs. 120 crore.<br />

10.44 The main objectives <strong>of</strong> the Scheme are<br />

to facilitate the setting up <strong>of</strong> agri-business<br />

ventures in participation with banks, catalyse<br />

private investment in the setting up <strong>of</strong> agribusiness<br />

projects, thereby providing an assured<br />

market to producers for increasing rural income<br />

and employment, strengthening backward<br />

linkages <strong>of</strong> agri-business projects with<br />

producers, assisting farmers, producer groups,<br />

and agriculture graduates to enhance their<br />

participation in the value chain through project<br />

development facilities, and arranging visits, etc.,<br />

<strong>of</strong> agri-preneurs setting up identified<br />

agribusiness projects.<br />

10.45 The venture capital scheme provides<br />

equity to qualifying agri-business projects on the<br />

recommendations <strong>of</strong> the banks financing the<br />

project, <strong>of</strong> up to 10 per cent <strong>of</strong> the total project<br />

cost, or 26 per cent <strong>of</strong> the total project equity or<br />

Rs. 75 lakh, whichever is lower. In special cases,<br />

higher equity is possible for projects located in<br />

hilly and North Eastern states and those<br />

recommended by state agencies/state SFACs.<br />

10.46 Programmes for the North Eastern<br />

States: Details <strong>of</strong> programmes being executed<br />

in the North Eastern states are given in Annexure-<br />

10.1.

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