NABARD organise workshop on AMI scheme

A day long workshop on Agriculture Marketing Infrastructure (AMI), a centrally sponsored scheme was organised by NABARD in association with PHD Chamber of Commerce Kashmir in Srinagar. The scheme aims to develop agriculture marketing infrastructure including storage infrastructure in agriculture and allied sectors. The scheme has the objective to promote integrated value chains through minimal processing/ value addition to make the agricultural/horticultural produce more marketable. Under this scheme, different types units can be financed and there is a subsidy of 33% available through NABARD for northeast and hilly areas including Jammu & Kashmir.

The workshop was attended by Officials from Nodal Agency-Directorate of Marketing & Inspection (DMI), Govt of India, beneficiary farmers, interested in setting up the units under the scheme, Financial institutions viz. J&K Bank, SBI, PNB, EDB and JKGB, Chartered Accountants (interested in DPR preparation), Department of Agriculture, Horticulture & NABARD. The scheme implementation is monitored by NABARD at state and central level.

All the participants provided guidance on setting up of grading packing and storage units with financial assistance. Incharge DMI, J&K S.K. Koul informed about the operational guidelines of the scheme and impressed upon the participants to come forward to avail the benefits of the scheme.

DGM NABARD Qamer Javed said the scheme will boost the development of agriculture and horticulture sector in Kashmir and help in providing job opportunities to youths in these units.

It was informed that those interested can approach the banks to get their projects sanctioned before 31st March 2020 and banks can lodge the subsidy claims through online portal of NABARD.