CCEA approves funding of terminal market complexes under national horticultural mission | INRnews
The financial outlay for the scheme during 2006-07 will be Rs.148 crore for participation in equity capital, Rs.1.00 crore for project development assistance and Rs.1.00 crore for general awareness and publicity.
The features of the scheme are as follows:
(i) The TM would operate on a Hub-and-Spoke format wherein the Terminal Market (the hub) would be linked to a number of Collection Centres (the spokes). The spokes would be conveniently located at key production Centres to allow easy farmer access and the catchment area of each spoke would be based on meeting the convenient needs of farmers, operational efficiency and effective capital utilization of the investment.
(ii) TM complexes would establish backward linkages with farmers through the collection centers and forward linkages through wholesalers, distribution centers, retail cash and carry stores, processing units and exports.
(iii) TM will shorten the supply chain, encourage quality standards, reduce losses and margins between producer and consumer prices, lay down and implement quality standards.
(iv) The Scheme will attract and facilitate private sector investment to take place in the agribusiness sector, by assisting the key stakeholders – entrepreneurs, producers, processing industry and exporters.
(v) The TM can source the commodities from the entire State where the project is located and may extend its operations to the whole country, depending on the commodities handled there.
The professionally managed competitive alternate marketing structure of Terminal Markets would provide multiple choices to the farmer for sale of his agricultural produce without going through intermediaries and to meet the potential requirement of the emerging consumer demand (domestic and international)
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By INRnews Correspondent
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