The operational guidelines for the implementation of the Scheme for promotion of Micro, Small and Medium level Agro processing ventures to be implemented during 2019-2020 are detailed below. The guidelines will be valid for five years or till revised guidelines are issued or till the scheme is amended.
- Promotion of value addition of produce of the state including primary processing.
- Promotion of agro industrialization.
- Commercialization of value added products.
- Enabling small and marginal farmers to obtain better price for their produce.
- Generating employment opportunities especially in the rural sector.
- Providing crucial farm-industry linkage which helps accelerated economic progress.
- Better inflow of credit to the farm processing sector.
- Avoiding wastage of agricultural produce and ensuring its optimum utilization.
- Improvement of socio economic status.
i.Micro level ventures are those ventures where capital investment does not exceed Rs. 25 lakhs.
ii.Small ventures are those ventures where capital investment is more than Rs. 25 lakhs but does not exceed Rs. 1 crore.
iii.Medium ventures are those ventures where capital investment is more than Rs. 1 crore but does not exceed Rs. 5 crores.
