HADP funds
J&K agriculture department recently got Rs 560 cr under HADP for the growth of agriculture and allied sectors. Recently the Additional Chief Secretary, Agriculture Production Department, emphasized that the proposed project will be segmented into several key areas. These included market reforms, infrastructure development, institutional and capacity building, branding, digital marketing, and market research information systems. The project aims to achieve its objectives through an investment of Rs 560 crore, which will be spread over a period of five years. He expressed confidence that this project will bring about significant improvements in agriculture and allied sectors in Jammu & Kashmir, providing a boost to the region’s economy and benefiting farmers and consumers alike.
The project aims to improve the Terms of Trade (ToT) in favor of farmers, improve efficiency and effectiveness of the market ecosystem and minimize the value loss while maximizing societal welfare. The proposed activities or areas of intervention will strengthen the existing agricultural marketing system in Jammu & Kashmir, bringing long-term dividends across stakeholders, particularly farmer-producers. The proposed project also envisages significant growth in agriculture and allied sectors through various activities. The market reforms included implementation of an open auction system, a single license for trading in all mandies, and institutionalization of post-harvest infrastructure with the eNAM network. Infrastructure development will involve converting mandies into value chain parks, creating new mandies and installing composting units. Besides, institutional building and capacity development will focus on the formation of Niche Product Marketing FPOs.
