NABARD – Rural Godown (AMI - Agriculture Marketing infrastructure)
Agriculture is the primary source of livelihood for about 58 per cent of India’s population. India was the ninth largest exporter of agricultural products in 2017. In 2018-19, Government of India is targeting foodgrain production of 285.2 million tonnes. In order to safeguard the Agriculture produce there is a huge requirement of developing infrastructure in terms of Godowns, Market Yards, Cold Storage facilities and Food processing. This provides two-pronged benefit of safeguarding the excess Agriculture produce and providing good prices for the farmer consistently. As a part of achieving these benefits NABARD has introduced Agri Marketing Infrastructure (AMI) Scheme to encourage companies to setup storage rural go-downs. Following is the snapshot of the scheme.
Scheme Overview
Validity : 01-04-2023 to 31-03-2026 (Extended)
Channelising / Nodal Agency : NABARD
Pattern of Assistance and its ceiling