Finance Management

Background:
The Government of Maharashtra (GoM) through Government of India (GoI) has received a loan from the International Development Association (IDA) for implementation of Maharashtra Agricultural Competitiveness Project (MACP).
 
The Project Development objective of the MACP is to increase the productivity, profitability and market access of the farming community in Maharashtra. This would be achieved by providing farmers with technical knowledge, market intelligence and market networks to support diversification and intensification of agriculture production aimed at responding to market demand. Farmers will also be assisted in establishing farmer organizations, developing alternative market channels outside of the regulated markets and in supporting the modernization of promising traditional wholesale markets. The project has three components viz., (i) Intensification and diversification of market led production; (ii) Improving Farmer access to Markets by Promoting alternative Markets and Modernizing existing APMC, and (iii) project coordination and management.
 
Intensification and diversification of market led production: By providing market led agriculture technology transfer to improve productivity and quality production and market information and marketing intelligence, agribusiness opportunities through agribusiness promotion facility and livestock improvement through livestock support services.
 
Read more...
Background:
The Government of Maharashtra (GoM) through Government of India (GoI) has received a loan from the International Development Association (IDA) for implementation of Maharashtra Agricultural Competitiveness Project (MACP).
 
The Project Development objective of the MACP is to increase the productivity, profitability and market access of the farming community in Maharashtra. This would be achieved by providing farmers with technical knowledge, market intelligence and market networks to support diversification and intensification of agriculture production aimed at responding to market demand. Farmers will also be assisted in establishing farmer organizations, developing alternative market channels outside of the regulated markets and in supporting the modernization of promising traditional wholesale markets. The project has three components viz., (i) Intensification and diversification of market led production; (ii) Improving Farmer access to Markets by Promoting alternative Markets and Modernizing existing APMC, and (iii) project coordination and management.
 
Intensification and diversification of market led production: By providing market led agriculture technology transfer to improve productivity and quality production and market information and marketing intelligence, agribusiness opportunities through agribusiness promotion facility and livestock improvement through livestock support services.
 
Improving Farmer access to Markets by Promoting alternative Markets and Modernizing existing APMC: By promoting alternative marketing systems involving farmers in the formation of producer groups, their associations, developing Farmers Common Service Centre (FCSC), introducing E-Marketing platform with the help of commodity exchanges, by producing warehouse receipt financing to overcome price risk and to provide moderate improvement in Rural Haats. Besides modernization of selected APMCs and Livestock Markets.
 
Project management: Would help to ensure effective project management at the state and district levels, and support information and logistics, communications, project related consultancies and monitoring and evaluation.
 
Overview:
The duration of project is six years and cost of project is Rs 703.95 crores. The funds contribution for project by World Bank (WB) through Central Govt. is 65.5% of total fund; the State Government contributes 7.3% and Beneficiary contribution 27.1% of the total.
 
The project would be implemented across the whole State. However the implementation would be undertaken in three phases, with 10, 11 and 12 districts in phase I, II and III, respectively. The Project is being implemented in Ten (10) Districts of Phase I during financial year 2011-2012. The Project involves fund flow to three line departments and autonomous bodies. The three line departments involved are Dept. of Agriculture, Dept. of Co-operation & Marketing and Dept. of Animal Husbandry. The Co-operation and Marketing Department is the Nodal Department. For day to day management of the Project the Project Coordination Unit (PCU) has been set up at Pune. Similarly, Project Implementation Units (PIUs) have been set up for each of the line department to monitor and supervise the implementation of the activities pertaining to the concerned departments.
 
The autonomous bodies involved in the MACP are:
1) Maharashtra State Agricultural Marketing Board (MSAMB), Pune – Nodal Agency for the project (under Co-operation and Marketing Department),
2) Maharashtra State Warehousing Corporation (MSWC), Pune (under Co-operation and Marketing Department),
3) Agriculture Technology Management Agencies (ATMA) (33 no’s) in the State (under Agriculture Department),
4) Other training institutions:
  1. Vasantrao Naik State Agricultural Extension Management Training Institute (VANAMATI), Nagpur (under Agriculture Department),
  2. Horticulture Processing Training Institute (HPTI), Aurangabad (under Agriculture Department)
  3. National Institute of Post-Harvest Technology (NIPHT), Talegaon Dabhade, Dist. Pune (under MSAMB)
The Finance Department of the GoM will initially provide budgetary grants to Co-operation and Marketing Department, which will further reallocate the funds to the Agriculture Department and the Animal Husbandry Department.
 
As the funds received and expenses incurred are on large scale, timely accounting and auditing of the funds is a challenge. The external audit of the accounts relating to the funds received in MACP through Budget Distribution System (BDS) will be conducted by Accountant General (Audit), Maharashtra (AG). Likewise the MACP project accounts of MSWC will also be audited by the AG audit will cover, MSWC, MSAMB-DDRC, PIU Agriculture and PIU-Animal Husbandry

 
Go top...