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22nd meeting of SFAC
December 2 , 2017
2422 days
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- Union Minister Agriculture and Farmers Welfare, Shri Radha Mohan Singh chaired the 22nd meeting of Board of Mangement of Small Farmers’ Agri-Business Consortium (SFAC) in, New Delhi.
- SFAC is an autonomous Society of Department of Agriculture and Cooperation under Union Ministry of Agriculture, Cooperation and Farmers’ Welfare.
- It was registered under Societies Registration Act 1860. The Society is also registered as Non-Banking Financial Institution by Reserve Bank of India.
- It is implementing the National Agriculture Market Electronic Trading (e-Nam) platform.
- The purpose is to provide for a single unified market for agricultural products with much higher price discovery for farmers.
- It implements Credit Guarantee Fund Scheme to Farmer Producer Companies to improve availability of working capital and development of business activities.
- It promotes development of small agribusiness through its Venture Capital Assistance Scheme for value added processing and marketing linkages.
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