Ministry of Cooperation
Increasing Cooperative Activities in Agriculture Sector
Posted On:
11 AUG 2021 6:08PM by PIB Delhi
Assistance is provided under Central Sector Integrated Scheme on Agricultural Cooperation (CSISAC) scheme through National Cooperative Development Corporation (NCDC) for promoting, developing and financing cooperatives undertaking various agriculture and allied activities. These comprise, inter alia, marketing, storage and processing of agricultural produce besides supply of agricultural inputs. Subsidy to the tune of 15% to 25% is provided to Cooperatives depending on the category of state in addition to term loan. Government also provides Guarantee for procurement operations of National Agricultural Cooperative Marketing Federation of India (NAFED).
Under CSISAC scheme assistance is provided for providing training to farmers who are members and employees of various types of cooperative societies through National Cooperative Union of India (NCUI) and National Council for Cooperative Training (NCCT).
In order to ensure remunerative prices to farmers for their produce, government is implementing “Pradhan Mantri Annadata Aay Sanrakshan Abhiyan” (PM- AASHA). Under this scheme, the Department of Agriculture and Farmers Welfare (DA&FW) implements the Price Support Scheme (PSS) for procurement of pulses, oilseeds and copra. For oilseeds DA&FW also implements the Price Deficiency Payment Scheme (PDPS).
Under Agriculture Infrastructure Fund (AIF), financial assistance is provided to Primary Agricultural Cooperative Societies (PACS), federation of cooperatives, FPOs, Marketing Cooperative Societies, amongst others, for post harvest management infrastructure and building community farming assets.
Government is emphasising on increasing contribution of Cooperative societies, especially PACS, in setting up Agriculture Infrastructure in the country through AIF scheme.
This was stated by the Minister of State for Cooperation, Shri B.L.Verma in a written reply to question in the Rajya Sabha today.
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NW/RK/PK/DDD/1788
(Release ID: 1744869)
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