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February 02, 2021 Companies welcome AIF to APMCs as an opportunity to strengthen themselves The Budget laid down clear direction of Government’s strategic priority to focus on building post-harvest infrastructure in the agriculture value-chain. National Bulk Handling Corporation Ltd (NBHC) sees the budget initiatives to help build long term competitiveness for the industry and short term boost to employment and consumption impacted by Covid-19. Ramesh Doraiswami, Managing Director and Chief Executive Officer, NBHC, said, “We are encouraged to see the strategic priority of the Government of India in building post-harvest agriculture infrastructure. We hope that the funds collected by the government under the proposed Agriculture Infrastructure & Development Cess (AIDC) will be spent on supporting the creation of not only good quality infrastructure but also encourage scientific warehousing & quality management practices for agricultural commodities.” ....
Agri-NBFCs seek parity with banks, want inclusion in govt subsidy schemes By IANS | Published on Tue, Jan 26 2021 14:57 IST | 0 Views Non-Banking Financial Company (NBFC).. Image Source: IANS News New Delhi, Jan 26 : In a bid to strengthen Agri-NBFCs and help it become a significant contributor in financing the entire value chain of agriculture, the government may consider including these financial institutions in all state supported subsidy schemes and programmes. The Agri sector NBFCs have made a strong case for including them in various subsidy schemes and programmes of the government, a benefit hitherto available only to the Banks. This is a demand that would be given due consideration while framing financing regulations for the agricultural sector, official sources said. ....