Staff Reporter

Tuticorin: G. Venugopal, Chief Regional Manager, Indian Overseas Bank, inaugurated a three-day awareness programme on ‘Rural agriculture marketing infrastructure’ jointly organised by Fisheries College and Research Institute, Tuticorin, and Directorate of Marketing and Inspection, New Delhi, here on Wednesday.

V.K. Venkataramani, Dean, FCRI, said that the event, sponsored by National Institute of Agricultural Marketing, Jaipur, was aimed at disseminating the salient features of Centre-sponsored ‘Scheme for Development/Strengthening of Agricultural Marketing Infrastructure, Grading and Standarisation’, to farmers engaged in agriculture and allied activities.

He said that the scheme would extend credit-linked back-ended subsidy on the capital cost of general or commodity specific infrastructure like godowns in rural/tribal areas.

Financial assistance would be offered for strengthening and modernisation of existing of existing agricultural markets too.

Dr. Venkataramani said that the scheme offers subsidy at the rate of 25 per cent of the capital cost of the project with an upper limit of Rs.50 lakh for each project.

The Assistant General Manager of NABARD, R. Bharat Kumar, and the Associate Professor (Fisheries Extension) of FCRI, N.V. Sujath Kumar, spoke among others.