Tuesday, August 9, 2022
HomeMoney & LoansCentre wants to create framework for PPP in farm sector: Agriculture Secy

Centre wants to create framework for PPP in farm sector: Agriculture Secy




With a focus on securing more investments and expertise from the private players in the agriculture sector, the government is keen to create a formal comprehensive framework for Public Private Partnership (PPP) in the sector, a senior government official said.



Speaking at an event organised by industry body Ficci on the issue, Agriculture Secretary Manoj Sinha said work on the framework is currently ongoing and private players are encouraged to share their inputs.


Sinha said it was crucial to have a framework that enabled more private players to easily enter the sector for scaling up central initiatives such as the push to reduce losses in the value chain for farm commodities.


“Several players are working in silos. Being in the government, we can play the role of a conductor in a symphony orchestra. Can we bring about the synergy and work together,” Ahuja said addressing an event organised by the industry chamber Ficci here.


Also Read: Govt taking steps to fix post-production challenges in agri sector: Tomar


For harnessing Public-Private Partnership (PPP) in agriculture, he said the government first expects the industry to have a shared understanding and intention to improve the farm sector.


Secondly, the government expects to have “frameworks” for scaling up interventions in the farm sector and thirdly to work jointly depending on the need, and fourthly to see if agri schemes can be converged to make things viable, he said.


Lastly, the secretary called for synergy between the government and industry in sharing information on agriculture, which at present is partly with either of them.


“There is a lot of information available, but it is disparate. Something is with the government and something with the private. Can we bring that together to help everybody? A lot of people are doing crop estimates, can we share this info so that we have stronger results,” he said.

mail Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor



RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments

%d bloggers like this: