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Post Harvest Profile of Wheat - Agmarknet

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Sl.<br />

No.<br />

Table No.14<br />

State-wise Cooperative Storage Facilities as on 31.03.2001<br />

Name <strong>of</strong> State Rural<br />

Level<br />

Market<br />

Level<br />

Total Capacity<br />

(in tonnes)<br />

1. Andhra Pradesh 4003 571 690470<br />

2. Assam 770 262 297900<br />

3. Bihar 2455 496 557600<br />

4. Gujarat 1815 401 372100<br />

5. Haryana 1454 376 693960<br />

6. Himachal Pradesh 1634 203 202050<br />

7. Karnataka 4828 921 941660<br />

8. Kerala 1943 131 319585<br />

9. Madhya Pradesh 5166 878 1106060<br />

10. Maharashtra 3852 1488 1950920<br />

11. Orissa 1951 595 486780<br />

12. Punjab 3884 830 1986690<br />

13. Rajasthan 4308 378 496120<br />

14. Tamil Nadu 4757 409 956578<br />

15. Uttar Pradesh 9244 762 1913450<br />

16. West Bengal 2791 469 478560<br />

17. Other States 1031 256 312980<br />

Total 55889 9426 13763463<br />

SOURCE : Annual Report, 2000-2001,<br />

National Cooperative Development Corporation, New Delhi.<br />

3.7.4 Pledge Finance System :<br />

Micro level studies indicate that about 54 per cent <strong>of</strong> marketable surplus was generated<br />

by small and marginal farmers. Non-availability <strong>of</strong> adequate storage facilities coupled with<br />

immediate need <strong>of</strong> money compel the farmers to sell the surplus wheat immediately after<br />

harvest. Pledge finance is crucial as it enables producer to hold an inventory <strong>of</strong> graded produce<br />

under favourable storage conditions without selling it during the glut period.<br />

According to NABARD, the pledge financing is to the tune <strong>of</strong> about Rs.1200 crores at<br />

present, whereas estimated requirement is Rs.7000 crores by the end <strong>of</strong> Xth Five Year Plan. At<br />

present, Commercial and Co-operative Banks are providing limited credit for marketing <strong>of</strong> crops<br />

as their emphasis is on providing credit for crop production. As per Reserve Bank <strong>of</strong> India<br />

guidelines, the finance against pledge / hypothecation should be provided to the extent <strong>of</strong> 75 per<br />

cent <strong>of</strong> the value <strong>of</strong> stored produce, subject to maximum limit <strong>of</strong> Rs. 1 lakh. The credit is<br />

34

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