(a) whether the Government have introduced a revised Investment Promotion Scheme;
(b) if so, the details thereof;
(c) the number of project proposals received from States in this regard, State-wise; and
(d) the number of farmers likely to be benefited therefrom, State-wise ?
MINISTER OF STATE IN THE MINISTRY OF RURAL DEVELOPMENT (PROF. RITA VERMA)
(a) Yes, Sir.
(b) The Investment Promotional Scheme (IPS) for development of non-forest wastelands
was first launched during 1994-95 to mobilise resources from financial
institutions,/banks, corporate bodies for development of wastelands
belonging to Central and State Governments, Panchyats, Village
Communities, Private Farmers etc. Under the Scheme there is a provision
for central promotion grant/subsidy to all category of beneficiaries. For
effective participation of the beneficiaries , promoter’s contribution is also
envisaged. The Scheme was restructured. The revised Scheme became
operational in August,1998 and was made more broad based with a focus
on benefit to small and marginal farmers including Scheduled
Castes/Scheduled Tribes. The details of subsidy and promoter’s
contribution are given at Annexure - I.
(c) & (d) Upto March,2000, 16 projects have been sanctioned under the Investment
Promotional Scheme. So far, 73 farmers have been benefited under the Scheme. The
State-wise details of the projects sanctioned, subsidy released and farmer’s benefited
under the Scheme are given at Annexure - II.
ANNEXURE I
Annexure referred to in reply to part (b) of the Lok Sabha Unstarred Question No.
310 for 21.11.2000.
STATEMENT SHOWING THE DETAILS OF CENTRAL PROMOTIONAL GRANT/SUBSIDY
AND PROMOTERS’ CONTRIBUTION UNDER CENTRAL SECTOR INVESTMENT
PROMOTIONAL SCHEME FOR DEVELOPMENT OF NON-FOREST WASTELANDS.
(A) The details of subsidy are:
(i)For General Category
(Individual/Group) 25% of on-farm development activities or Rs.25 lakhs, whichever is less.
(ii)For Small farmers
(Individual/Group) 30% of on-farm development activities or Rs.25 lakhs, whichever is less.
(iii)For (a) Marginal Farmers
(Individual/Group)50% of on-farm development activities or Rs.25 lakhs, whichever is less.
(b) SC/ST Farmers without any limit in the area of holdings (Individual/Group). Same as A
(iii)(a) above.
(B) Details of promoters’ contribution are:
(i)For General Category
(Individual/Group) At least 25% of the project cost.
(ii)For Small farmers
(Individual/Group) At least 10% of the project cost.
(iii)For (a) Marginal Farmers
(Individual/Group) Nil. However, at the time of execution of the project, the family labour should be involved to provide self- employment ensuring participation.
(b) SC/ST Farmers without any limit in the area of holdings (Individual/Group). Same as B
(iii) (a) above.
For the purpose of subsidy, the average project cost for on-farm development activities is restricted to Rs. 20,000 per ha
ANNEXURE-II
Annexure referred to in reply to part (c) & (d) of the Lok Sabha Unstarred Question No. 310 for 21.11.2000.
STATE-WISE DETAILS OF THE PROJECTS SANCTONED, SUBSIDY RELEASED AND FARMERFS BENEFITED UNDER THE INVESTMENT PROMOTIONAL SCHEME UP TO MARCH, 2000.
(Amount in Rs.)
Sl. No. State No. of projects sanctioned No of farmers benefited Subsidy sanctioned Subsidy released
1. Andhra Pradesh 1 11,00,000.00 6,60,000.00 1
2. Maharashtra 3 3,01,400.00 1,80,840.00 7
3. Tamil Nadu 12 46,98,250.00 36,88,750.00 65
TOTAL 16 60,99,650.00 45,29,590.00 73