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    Agri-Export Zone

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    NABARD has established 60 Agri-Export Zones across 230 districts in 20 Indian states to promote the export of agricultural crops. These zones focus on 35 crops including fruits, vegetables, spices and rice. Total investment in the zones is Rs. 1,724 crore from both public and private sources. NABARD supports the zones through financial initiatives like refinancing loans and promotional initiatives such as conferences and review meetings. It has disbursed over Rs. 11,000 crore in refinancing between 2002-2006 to boost agricultural exports through the zones. Moving forward, NABARD aims to improve infrastructure, coordination, and focus on contract farming, marketing, and organic certification to strengthen the Agri-

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    Agri-Export Zone

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    NABARD has established 60 Agri-Export Zones across 230 districts in 20 Indian states to promote the export of agricultural crops. These zones focus on 35 crops including fruits, vegetables, spices and rice. Total investment in the zones is Rs. 1,724 crore from both public and private sources. NABARD supports the zones through financial initiatives like refinancing loans and promotional initiatives such as conferences and review meetings. It has disbursed over Rs. 11,000 crore in refinancing between 2002-2006 to boost agricultural exports through the zones. Moving forward, NABARD aims to improve infrastructure, coordination, and focus on contract farming, marketing, and organic certification to strengthen the Agri-

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    Agri-export zone

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    NABARD has established 60 Agri-Export Zones across 230 districts in 20 Indian states to promote the export of agricultural crops. These zones focus on 35 crops including fruits, vegetables, spices and rice. Total investment in the zones is Rs. 1,724 crore from both public and private sources. NABARD supports the zones through financial initiatives like refinancing loans and promotional initiatives such as conferences and review meetings. It has disbursed over Rs. 11,000 crore in refinancing between 2002-2006 to boost agricultural exports through the zones. Moving forward, NABARD aims to improve infrastructure, coordination, and focus on contract farming, marketing, and organic certification to strengthen the Agri-

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    Download as pdf or txt
    44 views2 pages

    Agri-Export Zone

    Uploaded by

    A B c
    NABARD has established 60 Agri-Export Zones across 230 districts in 20 Indian states to promote the export of agricultural crops. These zones focus on 35 crops including fruits, vegetables, spices and rice. Total investment in the zones is Rs. 1,724 crore from both public and private sources. NABARD supports the zones through financial initiatives like refinancing loans and promotional initiatives such as conferences and review meetings. It has disbursed over Rs. 11,000 crore in refinancing between 2002-2006 to boost agricultural exports through the zones. Moving forward, NABARD aims to improve infrastructure, coordination, and focus on contract farming, marketing, and organic certification to strengthen the Agri-

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    Agri Export Zones (AEZ)

    Current status of AEZ

    At present, APEDA has set up 60 Agri-Export Zones (AEZs) spread over 230
    districts in 20 states. The crops covered include fruits, vegetables, spices,
    cashew, tea, basmati rice, medicinal plants, pulses etc. In all, 35 crops were
    identified for promotion in these zones. The total investment committed under the
    AEZ programme by all agencies stands at Rs.1, 724 crore, including private
    investments of Rs.970 crore.

    NABARD Initiatives in Promotion of AEZs


    Financial Initiatives
    Keeping in view the larger objective of promoting exports, NABARD has
    extended 100% refinance scheme to all client institutions (CBs, RRBs, SCBs,
    SCARDBs with NPA not exceeding 5%). In order to augment the reach of bank
    credit and increase the production of commercial crops as also for creation of
    marketing avenues for the farmers, all contract farming arrangements (within
    and outside AEZs) are made eligible for availing special refinance package.
    For accelerating the export growth of agricultural produce with institutional
    credit in AEZs, NABARD has executed a tripartite agreement (MoU) with
    APEDA and EXIM Bank in November 2002 to synergise the efforts and to
    leverage the respective strengths.
    NABARD has provided a minimum repayment period of 3 years for all activities
    in AEZs.
    Preparation of crop specific credit plans for AEZs.
    Sanctioned a scheme for cultivation and processing of Gherkins in Karnataka
    under co-financing scheme.

    Promotional Initiatives

    Conducted sensitization programmes for the officials of Banks & NABARD


    through BIRD & NBSC, Lucknow during 2003-04 & 2004-05 and sensitization
    meets in 106 districts through DDMs.
    Investors conferences for Agri-Exports in four regions along with APEDA and
    EXIM Bank to explore the possibilities of higher investment in agri exports by
    Corporate Sector.
    NABARD Regional Offices have been conducting State Level Review meetings
    on AEZs involving all stakeholders to address the challenges in implementation
    of AEZs.
    Inter Institutional meetings of NABARD, APEDA and EXIM Bank were held
    during 2002-03, 2003-04 and 2004-05 to review the progress of implementation
    in AEZs and to consider further policy changes.
    Refinance support by NABARD

    The various initiatives takenup by NABARD has resulted in disbursement of


    refinance to the tune of Rs.111024 lakh under AEZ for various crops during the
    period 2002-03 to 2005-06. NABARD refinance disbursement under AEZ since
    the inception of the programme is furnished below.

    Year Total (Amt Rs. lakh)


    2002-03 4539
    2003-04 34316
    2004-05 43714
    2005-06 28525
    Total (2002-03 to 2005-06) 111094

    Road Ahead

    Capturing ground level credit flow in AEZs is very crucial for credit planning.
    Inadequacy of infrastructure facilities in most of the AEZs is another area,
    which needs immediate attention. NABARD can support infrastructure
    development projects in AEZ areas through Rural Infrastructure Development
    Fund.
    Need for closer coordination among the stakeholders especially the nodal
    agencies through interactive workshops/seminars.
    Lack of convergence of various schemes in AEZ at district level. Compilation of
    list of incentives from different agencies in local languages will be useful for the
    investor community.
    Appropriate technological intervention for specific crops: assigning of research
    project to State Agriculture Universities/ICAR based on field specific problems
    of AEZ crops can be considered.
    Stabilising the contract farming legal framework for adoption by all states.
    Promotional initiatives in the marketing of Indian crops and patenting product
    based on geographical indications.
    Focus on organic production in AEZs and Quality certification by internationally
    accredited certifying agencies.
    Need for project monitoring at district level.
    AEZ wise identification of potential projects having scope for bank credit and
    implementation of a time bound action plan.

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