MINISTER OF STATE IN THE MINISTRY OF AGRICULTURE (SHRI KANTI LAL BHURIA)
(a) & (b): The Central Sector Scheme for setting up of Small Farmers` Agri-business
Consortium (SFAC) was approved during the VIII Five Year Plan. The Ministry of Agriculture
registered SFAC as a Society in January, 1994. The Government of India, Reserve Bank of India,
Oriental Bank of Commerce, State Bank of India and Industrial Development Bank of India are
the promoter Members of SFAC Society with total corpus contribution of Rs.10.95 crores.
(c): No, Sir.
(d) & (e): During the VIII and IX Plan, SFAC, besides establishing its own infrastructure,
had contributed matching corpus to 16 States for establishment of State level SFAC and the
State level SFACs were established in Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram,
Nagaland, Sikkim, Tripura, Uttar Pradesh, Himachal Pradesh, Jharkhand, Kerala and Tamil Nadu.
Four more State level SFACs have been established between 2003 and 2006 in Maharashtra,
Karnataka, Rajasthan and Bihar with matching corpus by Central SFAC and the concerned State
Government.
Besides, four State Governments, namely, Gujarat, Jammu & Kashmir, Orissa and Andhra
Pradesh have designated Nodal agencies for implementing and coordinating the work relating to
SFAC. The remaining States have been requested to establish State level SFAC in their
respective States by making a matching contribution.