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FICCI to lead a project management unit for public-private partnership in Agri sector

FICCI to lead a project management unit for public-private partnership in Agri sector

FICCI to lead a project management unit for public-private partnership in Agri sector.

Union Agriculture Minister Narendra Singh Tomar launched a Project Management Unit (PMU) on Thursday as part of a joint effort by the industry chamber Federation of Indian Chambers of Commerce & Industry (FICCI) to promote public-private partnerships (PPP) in the agricultural sectors.

Tomar said that the PPP model can be a good way to grow the farm sector and that projects in this area should focus on helping farmers make more money. He said that a strong agriculture sector will also help other sectors grow.

Also Read | Need for revolution in ‘food processing industry’ in India through PPP mode – PM.

As part of the joint initiative, the FICCI will reach out to the private sector and make it easier for them to submit proposals for PPP projects in the agriculture sector. It will also find government programs that its members can use directly or indirectly, and it will keep an eye on private and PPP investments in the agricultural sectors.

The Ministry’s job will be to let the States know about the partnership and the creation of the PMU, as well as to work with the State governments to get the proposals approved in the private sector.

The minister asked the private sector to make sure that farmers don’t pay too much for the inputs. According to a statement by FICCI, Agriculture Secretary Manoj Ahuja said that the private sector and NGOs should work with the government on projects that will have a multiplier effect.

According to FICCI ‘The main goal of this PPP initiative is to increase the income of small farmers by adding value, such as by providing quality inputs, sharing technology, connecting farmers to markets, and adding value. PPP initiatives are also expected to modernize farming methods, make farmers more able to deal with climate change, improve agriculture and rural infrastructure, and boost agricultural exports.’