Maharashtra government organises agricultural investment meet

PUNE: Maharashtra government has organised an investors meet on April 15 for promoting corporate investment in agriculture in public private partnership ( PPP) mode. Maharashtra principal secretary (agriculture) said that all the reforms in the APMC act have remained unexplored by the corporates.

"The corporates have not exploited even the budgetary incentives from 2004-05 onward. The warehousing act along with E-trading are yet un-attended," said Mr Goyal.

Rs 2000 crore is available to Maharashtra for investment in the development of the back end infrastructure. "We will invest about Rs 1000 crore for establishing the value chain and about 40% of this money is available as viability gap funding through competitive bidding," said Mr Goyal.