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