Sow, wait and watch

| Updated on November 07, 2014 Published on November 07, 2014

It’s Nabard’s turn to delight its rural stakeholders. Apart from announcing its big-ticket project — 548 warehouses in seven states amounting to ₹1,046 crore — its pilot projects for three crops could turn out to be popular too. For now it has approved business models for potato in Hooghly district, West Bengal, tomato in Karnal district, Haryana, and onion in Nasik district, Maharashtra. The total outlay is ₹37.2 crore — loan of ₹18.43 crore and grant support of ₹2.43 crore from NABARD; and subsidy support of ₹16.34 crore from the Central or state governments. Crop-specific market surveys, identification of market players, marketing support and technology adoption are in the works. Its progress needs to be followed.

Published on November 07, 2014
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