Presentation of deliberation made in Domain IV 1
Presentation of deliberation made in Domain IV 1) 2) 3) 4) Crop Insurance Agricultural Credit National Agriculture Markets- Reforms PSS Operations of oilseeds & Pulses
Issues in PMFBY • New scheme increased CCEs. Minimize the number of CCEs with quality improvement. • Averaging scale of finance to avoid the discrepancy. State/Cluster-wise • Sanctioned amount and withdrawal amount of the croploan at bankers still needs clarification. • Simplification required for coverage of tenant/share croppers. • Non-loanee farmers should be targeted. • Provision for administrative & operational expenses for implementation in the State. 2
Agricultural Credit • Identify the tenant and extend credit and other benefits. • Agricultural loans should be identified with the land to avoid double financing. • All PACS should be computerized and one time assistance should be provided by GOI. • NABARD to reduce refinance ROI from 4. 5% to back to 2. 5%. • SLR funds of DCCBs should to be kept with SCBs. • Central Govt Interest subvention need to be provided in advance. • Refinance assistance of NABARD agricultural loan disbursed should be increased to 50% as earlier. • Interest subvention scheme to be extended to Long term loans • Exemption of processing fee for farmers
Proposed Architecture of NAM
Computerized Auction System (CAS) in Maharashtra State CAS at Rahata APMC Price Declaration
Issues in Implementing NAM at APMC • Resistance among Traders & Commission Agents • Capacity building of all stake holders. • Single Point Levy be relaxed • Providing grading & proper packaging of Agri. Commodities at APMCs
NAM Roadmap • Sensitization of Govt. machinery, Farmers, Traders, CAs, Market Functionaries & APMCs • Provide incentives for participation in e-Trading/ e-Auction • Estimated Project Cost 60 Lakh excluding Software & Hand holding • Private Market be included for assistance • Guidelines for the states where APMC non- functional. • Project be included in Monthly review
PSS Operations of oilseeds & Pulses • MSP to be made realistic as incentive to the farmers • A long term agricultural policy for Oilseeds and Pulses to be made public • Margin Sharing between PACS and State Agencies should be rationalized • PSS guidelines may be reviewed by the GOI and made flexible.
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