Small farmers agri-business consortium to help PPP model
New Delhi, Feb 13
Small Farmers’ Agri-Business Consortium (SFAC) has been designated as a national level agency for promoting projects under Private Public Partnership (PPP) model.
The consortium acts as a facilitator for linking the project promoter to the concerned state government.
The role of SFAC is, however, a restricted to facilitate the process of technical appraisal and coordination.
An independent monitoring agency such as National Bank for Agriculture and Rural Development (NABARD) or any other agency with no conflict of interest with that particular project can be appointed by the State Government to track the performance of these projects and report to all relevant stakeholders in the State and Central Government.
The Government facilitates PPP projects in agriculture and allied sectors throughout the country. Private entrepreneurs can design suitable agricultural development projects and submit proposals to State Governments for approval.
This information was given by Minister of State for Agriculture and Food Processing Industries, Shri Tariq Anwar in a written reply to Lok Sabha questions recently.