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Rajasthan to roll out new agri policy

As per the draft policy, the state government will encourage the establishment of private mandis.

, ET Bureau|
Sep 08, 2009, 03.40 PM IST
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JAIPUR: Rajasthan government is planning to roll out new agri business and agro industries policy which aims at encourage public private strengthening the marketing infrastructure through promoting public-private partnership. As per the draft policy, the state government will encourage the establishment of private mandis.

���Licensed private market would be allowed to retain 20% of the market fee collected by them for the purpose of developing and maintaining their activities of conducting and regulating trading in notified agricultural produce,��� an official said.

The policy is also aimed at promoting e-markets in the state. With this policy in place, electronic spot exchanges like National Spot Exchange would be able to start its business in the state. National Spot Exchange had signed up an MoU with Rajasthan government in 2007 to invest Rs 250 crore for setting up electronic spot markets in the state.

The state government is looking at developing an Internet-based information system connecting all the markets, which compiles and analyzes parameters like prices, arrivals and demand-supply situation in the markets to give market intelligence to farmers, would be developed.

���We would set up agri IT kiosks in Krishi Upaj Mandi Samitis, consuming centres etc. and would have connectivity with related departments and organizations like the Agriculture universities, Industry and international markets,��� he said.

The state government has set aside a budget of Rs 711 crore for development of agriculture sector in the state, which is around 15% more than the last year���s budget of Rs 620 crore. ���We are also planning to rope in private sector, apex co-operatives institutions, APMCs etc to set up center of excellences and crop development institutes.

The State Government will support such projects by providing land at concessional rates and 50% of the initial capital investment as assistance subject to a ceiling of Rs.6.00 crores with the condition of a matching contribution from the industry,��� he said. The state government also plans to create a venture funds for agro industries in association with financial institutions/ banks, etc, for a faster development in the agriproduce and processing industry.
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