Ministry/Department: Department of Agriculture and Cooperation, Ministry of Agriculture & Farmers Welfare
Objective:
- To support new ventures in agro-based industries
- To promote the farmer producer organisations ( FPOs) and their integration in agriculture value chain.
Scheme:
- SFAC gives Venture Capital Assistance and Project Development Facility to supports the new ventures in agro-based industries.
- The beneficiaries are:
-
- Individuals,
- farmers,
- producer groups,
- partnership,
- Propriety firms,
- Self Help Groups,
- companies etc.)
Factual Information:
- Started in 1994