Model markets for perishable goods
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16:42 IST
Lok Sabha

The revised guidelines for setting up of Terminal Market Complex (TMC) Project for funding under National Horticulture Mission (NHM) Scheme have been issued. The TMC can be set up in the States undertaking reforms in Agricultural Marketing Laws. Subsidy upto 40% of Project Cost with a floor subsidy of 25% with a minimum subsidy of Rs. 50.00 crore, will be offered to Private Entrepreneur for setting up of TMC through bidding process to be carried out by the respective States. The land for the TMC will be made available by the respective State Governments.

The TMC will be set up in Hub and Spoke Model, whereby the TMC will be linked to a number of Collection Centres providing forward and backward linkages with the objective of linking farmers to the market effectively for enhancing their income.

This information was given by Prof. K.V. Thomas, Minister of State for Agriculture, Consumer Affairs, Food and Public Distribution in written reply to a question in the Lok Sabha today.

SB:CP: markets(1.12.2009)