Ministry of Agriculture & Farmers Welfare
azadi ka amrit mahotsav

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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