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Cabinet clears central sector scheme for promotion of national agricultural

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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

Fund allocated:-

  • 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.

Objectives:-

  • 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.

Abbreviation

  • 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