Implementation of Venture Capital Assistance Scheme


azadi ka amrit mahotsav

The funds allocated to Central Sector Scheme for Agribusiness Development through Venture Capital Assistance (VCA) in the last five financial years is as follows:

 

Financial Year

Allocated (Rs. In lakhs)

2017-18

110.98

2018-19

141.89

2019-20

111.26

2020-21

25.00

2021-22

49.42

       

Total VCA disbursed to agro business project since 2014 for the five states is as follows:

 

Sr. No

State Name

Cost of project

(Rs. in lakhs)

VCA sanctioned

(Rs. in lakhs)

No. of Farmers benefitted

Employment generated

1

Andhra Pradesh

9197

748

1436

897

2

Gujarat

170879

14127

13853

6236

3

Maharashtra

109952

9892

16474

8274

4

Telangana

34190

2688

2170

1284

5

Uttar Pradesh

96339

7854

17581

4375

 

The total number of application received from Telangana since 2017 and final qualified project for disbursement under Venture Capital Assistance (VCA):

 

Sr. No.

Total number of application

Qualified Projects

1.

154

49

 

This information was given by the Union Minister of Agriculture & Farmers’ Welfare, Shri Narendra Singh Tomar in a written reply in Rajya Sabha today.

****

SNC/PK/MS



Source PIB