Project Cost and Financing Plan

The total cost of the project is estimated at Rs 703.95 crores. Out of this the World Bank contribution would be around Rs. 461.21crores (65.5%), the State Government’s contribution  Rs. 51.72crores ( 7.3 %), and the beneficiaries contribution Rs.191.02 crores (27.1%). The components and subcomponents involved in the project  and the funding pattern with break-up of WB & GoM contribution and Beneficiary Contribution is as given in the table below.

Table 1.1:  Details of Component wise Activities and budget. (Rs. Crore)
 
Component
Govt
Bank
Beneficiary
Total
Read more...
The total cost of the project is estimated at Rs 703.95 crores. Out of this the World Bank contribution would be around Rs. 461.21crores (65.5%), the State Government’s contribution  Rs. 51.72crores ( 7.3 %), and the beneficiaries contribution Rs.191.02 crores (27.1%). The components and subcomponents involved in the project  and the funding pattern with break-up of WB & GoM contribution and Beneficiary Contribution is as given in the table below.

Table 1.1:  Details of Component wise Activities and budget. (Rs. Crore)
 
Component
Govt
Bank
Beneficiary
Total
Implementing Agency
A. Intensification and diversification of Market Led Production
 A1 (i)
Institutional Strengthening for Market Led Technology Transfer
2.45
22.04
--
24.49
ATMA-Agri Dept
A1(ii)
Preparation & Implementation of Marketing Strategies
5.65
50.83
--
56.48
ATMA/Agri Dept
A 2
Agri-Business Promotion  Facility
2.65
23.88
 
26.53
 PCU-MACP
A 3
Market Information Services+
2.75
24.77
--
27.52
PIU (MKTG)
A 4
Live Stock Support Services
1.41
12.67
 
14.08
PIU (AHD)
 
Sub Total
 
 
 
149.10
 
Component B- Improving Farmer Access to Markets                                                                                                   
B 1
Promoting Alternative Markets
 
 
 
 
 
B 1.1
Product Aggregation and sale through producers associations
6.47
58.24
8.83
73.54
PIU - AGRI. MKTG
B 1.2
Warehouse Receipts Development
1.23
11.12
--
12.35
PIU - AGRI. MKTG
B 1.3
Rural Haat Markets
7.49
67.37
9.31
84.17
PIU - AGRI. MKTG
B 1.4
Introducing E-Marketing Platforms
0.62
5.57
--
6.19
PCU-MACP
 
Sub Total
 
 
 
176.25
 
B 2
Modernizing Existing Markets
 
 
 
 
 
B 2.1
Modernizing Wholesale Markets
12.47
112.23
172.87
297.57
APMC (PCU/PIU - AGRI. MKTG)
B 2.2
Upgrading Livestock Market Yards
1.86
16.76
--
18.63
PIU - AGRI. MKTG)
 
Sub-total
 
 
 
316.20
 
Component C- Project Management                                                                                                  
C (i)
Project Coordination Unit and Project Implementation Units (PIUs)
6.10
50.61
--
56.71
PCU
 
C (ii )
Monitoring & Evaluation
0.57
5.12
--
5.68
PCU
 
Sub Total
 
 
 
62.40
 
 
TOTAL PROJECT COST
51.72
461.21
191.02
703.95
 
For the component Modernizing of Wholesale Markets, the existing Wholesale Markets of the Agriculture Produce Market Committees (APMCs) are to be revamped by upgrading the basic and productive infrastructure. While the Modernizing of Wholesale Markets, for both B & C type APMCs , the funds  contribution for basic infrastructure by the GoM /Project would be 25-50% (depending upon the % of VGF) and the Beneficiary Contribution would be 75-50% of it. Similarly, for productive infrastructure the GoM / Project contribution would be 25% of the total and the Beneficiary Contribution would be 75%. For modernizing  B & C type of APMCs in the State, the funding pattern by taking into consideration the total permissible VGF under the project is  given in the table below . However the initial short listing of APMCs will be based on the VGF demanded (priority being given to APMCs who demand the least of VGF )
Sr. No.
Type of Infrastructure
Project cost Rs in lakh
Project grants Rs in lakhs
Viability gap funding
APMC contribution Rs in lakhs
Out of APMC’s contribution
Self investment Rs in lakhs
Loans Rs in lakhs
A TYPE APMCs
1
Basic
80.00
20.00 (25% of project cost)
20.00 (25% of project cost)
40.00 (50% of project cost)
13.33
26.67
2
Productive
430.00
107.00 (25% of project cost)
--
323 (75% of project cost)
107.00
216.00
B TYPE APMCs
1
Basic
80.00
20.00 (25% of project cost)
20.00 (25% of project cost)
40.00 (50% of project cost)
13.33
26.67
2
Productive
240.00
60.00 (25% of project cost)
-------
180.00 (75% of project cost)
60.00
120.00
C TYPE APMCs
1
Basic
80.00
20.00 (25% of project cost)
20.00 (25% of project cost)
40.00 (50% of project cost)
13.33
26.67
2
Productive
120.00
30.00 (25% of project cost)
-------
90.00 (75% of project cost)
30.00
60.00
 
 
 
 
 
 
 
 
 
 
Out of the contribution to be made by APMCs, 2/3 can be financed by loans which could be availed either from Maharashtra State Agricultural Marketing Board ( MSAMB) or from a nationalised bank.
Go top...