Ministry of Agriculture &
Farmers Welfare
Implementation of Venture Capital Assistance Scheme
Posted On:
16 DEC 2022 6:33PM by PIB Delhi
The funds allocated to Central Sector Scheme for Agribusiness Development through Venture Capital Assistance (VCA) in the last five financial years is as follows:
Financial Year
|
Allocated (Rs. In lakhs)
|
2017-18
|
110.98
|
2018-19
|
141.89
|
2019-20
|
111.26
|
2020-21
|
25.00
|
2021-22
|
49.42
|
Total VCA disbursed to agro business project since 2014 for the five states is as follows:
Sr. No
|
State Name
|
Cost of project
(Rs. in lakhs)
|
VCA sanctioned
(Rs. in lakhs)
|
No. of Farmers benefitted
|
Employment generated
|
1
|
Andhra Pradesh
|
9197
|
748
|
1436
|
897
|
2
|
Gujarat
|
170879
|
14127
|
13853
|
6236
|
3
|
Maharashtra
|
109952
|
9892
|
16474
|
8274
|
4
|
Telangana
|
34190
|
2688
|
2170
|
1284
|
5
|
Uttar Pradesh
|
96339
|
7854
|
17581
|
4375
|
The total number of application received from Telangana since 2017 and final qualified project for disbursement under Venture Capital Assistance (VCA):
Sr. No.
|
Total number of application
|
Qualified Projects
|
1.
|
154
|
49
|
This information was given by the Union Minister of Agriculture & Farmers’ Welfare, Shri Narendra Singh Tomar in a written reply in Rajya Sabha today.
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