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SFAC to promote PPP in agriculture and allied sectors

12 Feb 2014 Evaluate

Small Farmers’ Agri-Business Consortium (SFAC) will be promoting Public Private Partnership (PPP) in agriculture and allied sectors as it has been designated as a national level agency for promoting projects under PPP, as per information provided by Minister of State for Agriculture and Food Processing Industries. SFAC acts as a facilitator for linking the project promoter to the concerned state government. The role of SFAC is however restricted to facilitate the process of technical appraisal and coordination.

In order to track the performance of these projects and report to all relevant stakeholders in the state and central government, an independent monitoring agency like National Bank for Agriculture and Rural Development (NABARD) or any other agency with no conflict of interest with that particular project can be appointed by the state government. 

Government facilitates PPP projects in agriculture and allied sectors throughout the country. Private entrepreneurs can design suitable agricultural development projects and submit proposals to state governments for approval.