Market through ATIF
- Union Cabinet approved Pradhan Mantri Krishi Sinchayee Yojana (PMKSY) aiming at providing irrigation facilities to every village.
- The Cabinet Committee on Economic Affairs (CCEA) has given its approval to a Central Sector Scheme for Promotion of National Agricultural Market through Agri-Tech Infrastructure Fund (ATIF).
- PMKSY will be monitored by National Steering Committee chaired by the Prime Minister Narendra Modi and concerned Union Ministers will be the members.
- The Department of Agriculture & Cooperation (DAC) will set it up through the Small Farmers Agribusiness Consortium (SFAC) by creation of a common electronic Platform deployable in selected regulated markets across the country.
- 585 regulated markets including private markets across the country will be
- integrated with the common e-platform to provide farmers and traders with access to opportunities for purchase/ sale of agri-commodities at optimal prices in a transparent manner across the country
- CCEA approved scheme for Promotion of National Agricultural Market through Agri-Tech Infrastructure Fund at a cost of 200 rupees crore for the next three years.
- This includes provision for supplying software free of cost by DAC to the
- States and Union Territories (UTs) and for cost of related
- hardware/infrastructure to be subsidized by the Government of India up to Rs 30
- lakh per Mandi (other than for private mandis).
- 50 thousand crore rupees has been allocated for the scheme over the five years to ensure the success of this Yojana.
- Convergence of investments in irrigation.
- To expand area under assured irrigation and improve water-usage.
- The Yojana seeks to promote extension activities related to farm water
- It also will help in crop alignment for farmers and grass root level field
National e-Market by the Ministry of Agriculture in brief:-
- It will be led by SAFC and they will select a service provider through open bidding.
- An appropriate common e-market platform will be set up for those 585 regulated market across country.
- It will implement the national e-platform in three phases during 2015-16, 2016-17 and 2017-18
- DAC will meet expenses on software and its customization for the States and UTS.
Pre-requisites for integration with the e-platform the States/UTs-
- A single license to be valid across the State.
- Single point levy of market fee.
- Provision for electronic auction as a mode for price discovery.
- Cabinet Committee on Economic Affairs- CCEA
- National Agricultural Market through Agri-Tech Infrastructure Fund –ATIF
- Department of Agriculture & Cooperation – DAC
- Small Farmers Agribusiness Consortium – SFAC