1 / 14

Million Farmers’ Initiative ( PPP for Integrated Agricultural Development) a framework for enabling public-private partn

Million Farmers’ Initiative ( PPP for Integrated Agricultural Development) a framework for enabling public-private partnerships under RKVY. Summary of Developments & Overview of Project Proposals. Background.

ania
Download Presentation

Million Farmers’ Initiative ( PPP for Integrated Agricultural Development) a framework for enabling public-private partn

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Million Farmers’ Initiative(PPP for Integrated Agricultural Development)a framework for enabling public-private partnerships under RKVY Summary of Developments & Overview of Project Proposals

  2. Background • Need to develop integrated value chains in agriculture- increase returns to primary producers • Importance of integrating producers with market players – reducing role of intermediaries • Call for stronger famer-industry linkages made by H.E. President of India on 15/12/11 and 15/2/12 • Leveraging RKVY investments to attract higher private investments in agriculture; integrate value chain

  3. Main Features of proposed PPPIAD • Corporates to propose integrated agricultural development projects involving min. of 5000 farmers • Encompassing all activities from “production” to “marketing” • Projects to span 3-5 years • Average investment per farmer – Rs 100,000 (Max. of Rs 50,000 from Govt. and remaining from the private sector) • Farmers’ subsidy component to be directly credited to their accounts/ reimbursement to companies on independent verification of activity • Mobilizing farmers into producer groups; building agri infrastructure; value addition to be main components. • Independent agency to monitor projects; payment on verification of results achieved

  4. Role of States • PPPIAD proposals to be directly submitted to States by corporates; approval by SLSC • SFAC to play technical support role if requested • Funding to approved projects directly by States through RKVY window • Independent monitoring agency to track progress and verify outcomes

  5. Performance Based Incentives • Performance based overhead costs will be given to the companies for meeting administrative expenses for executing the projects. • The companies would have to submit Results Framework Document (RFD) for getting the project approved. • If the company’s performance if excellent, it can be entitled to maximum overheads of 8-10 per cent • If the company’s performance is poor, it would be only entitled to overheads of 1-2 per cent.

  6. Summary of developments so far

  7. Summary of Proposals received

  8. Next steps • PPPIAD draft paper circulated at Kharif Conference: States to send their comments by 15 March • PS/Secretaries invited to FICCI dinner with corporates for informal discussions – 7 p.m. on 5th March at Federation House • Detailed guidelines for PPPIAD to be issued by DAC by end March 2012 • States to consider a few pilot proposals during 2012-13

  9. Thank You We look forward to your suggestions

More Related