J&K Govt to expend Rs 560 cr on agriculture, allied sectors under HADP
established with an investment of Rs. 11.00 cr, and 35 capacity building training programs arranged for FPOs, costing Rs. 1.05 cr. Additionally, two Agriculture and Branding Centers will be established in each division at a cost of Rs. 5.20 cr.
A 50% subsidy will be provided for establishment of 400 Rural Business and Service Hubs, with a ceiling of Rs. 15.00 lakh on each hub. Finally, the infrastructure for digital marketing and market intelligence will be established at a cost of Rs. 11.30 cr. The implementation of these interventions is expected to have a significant impact. The government anticipates that farmers’ income will double from 45% to 90%, while the reduction of value loss is expected to be between 20% and 50%.
The off-season availability of fruits and vegetables is also expected to improve. Value creation is anticipated to increase by 25% to 75%, and there will be an increase in income, value output, employment, reduced food wastage, and an efficient decision support system. As a result, this investment is expected to be highly beneficial.
The project will result in several key outputs, including the establishment of 11 CA stores with a capacity of 55,000 MT, 12 hi-tech grading lines, 25 mini cold stores, four new mandies in Samba, Reasi, Kishtwar, and Bandipora, 400 Rural Business & Service Hubs, two Agri Branding centers, and one Market Intelligence Cell. This project is also expected to create 6,000 jobs and 629 enterprises in the next five years.
In conclusion, the government of Jammu & Kashmir plans to implement a project that aims to transform the agriculture sector through a multi-faceted approach. It will bring transparency and fairness in trading practices, create an efficient and effective market ecosystem, promote institutional building and capacity development of Niche Product Marketing FPOs, and improve digital marketing strategies.