Functions of the Department of Storage and Marketing (DSM)
- Support Creation of Scientific Storage Infrastructure for Agricultural Commodities in Rural Areas (Including Cold Chain Activities)
- Assess/map the existing storage capacity in different states/districts in the country
- Estimate the requirement and potential for storage infrastructure for various agricultural commodities in different parts of the country
- Formulate policies/strategies for fulfilling the gap in storage infrastructure in different parts of the country
- Provide credit and non-credit support for green field projects of public as well as private sector entities and for renovation/repairs/modernisation of existing warehouses to make them storage worthy.
- Engage with various State Govt. Depts. (Cooperation, Agriculture, Food & Civil Supplies) and the State Warehousing Corporations for assisting them with required credit support for the warehousing projects. Besides, warehousing requirement of public sector/quasi-government agencies like National Horticulture Board, Coffee Board, Tea Board, Rubber Board, Cotton Corporation of India, Tobacco Board, Spices Board, etc., also to be tapped.
- Promote storage capacity in rural areas by providing necessary financial support for up-gradation of infrastructure/amenities in the existing warehouses of PACS and other Co-operative Societies.
- Support for Accreditation of Warehouses in Rural Areas
- Map/identify the existing warehouses/cold storage in rural areas across the country
- Sensitize/train PACS staff/warehousemen and cold storage owners and encourage them for getting their infrastructure accredited
- Facilitate accreditation/registration of warehouses through accreditation agencies like NABCONS
- Collaborate with Collateral Management Companies (CMCs), State Governments/State Owned Corporations not only in upgrading physical infrastructure of small warehouse owners, including PACS and other cooperatives, but also in leveraging the asset of a warehouse for increasing their incomes
- Negotiable Warehousing Receipts(NWRs)
- Promote and popularize issue of Negotiable Warehousing Receipts (NWR) by the accredited warehouses/cold storage
- Undertake suitable interventions to popularise storage of produce by farmers, avoiding distress sale and better price realisation
- Facilitate provision of Post-Harvest Loans particularly concessional loans to SF/MF Against NWR
- Provide financial support to Cooperative and Regional Rural Banks for meeting the credit requirements of SF/MF against NWR
- Improve Access of Farmers to Wider Markets
- Engage with commodity exchanges, both future and spot, for developing suitable framework/contracts, which would enable farmers to trade on these exchanges
- Evolve a mechanism which would ensure aggregation of the produce of farmers, so that the same could be traded on the exchanges.
- Identify suitable entities that could work as aggregators for the farmers (like a cooperative society, a producers’ organization, a NGO, CMCs or any other village level/community based organization).
- Make efforts to secure the participation of CMCs to guide PACS and individual warehouse owners to participate in the Commodity markets
- Capacity Building of Stakeholders
- Organise training/sensitisation programs for NABARD Officers, both at HO and ROs, with a view to acquainting them with various facets of agricultural storage and marketing.
- Conduct Training/Sensitisation Programs for Warehousemen, especially individual warehouse owners in rural areas and the personnel of PACS, in the scientific storage practices and agri-commodities’ preservation techniques.
- Organise Sensitisation Programs for farmers with a view to creating awareness about the benefits of storing produce in scientifically managed warehouses, cleaning, sorting & grading of produce, concessional scheme for post-harvest credit and linkage with wider markets (commodity exchanges) through aggregators
- Collaborate with agencies like Forward Markets Commission, WDRA, FCI, CWC and other academic institutions of repute for designing training programs for various stakeholders on preparation, appraisal & financing of infrastructure projects, scientific warehouse management, accreditation/ registration of warehouses and trading on commodity exchanges.
Warehouse Infrastructure Fund - 2014-15
Food Processing Fund - 2014-15
Shri S N A Jinnah
Chief General Manager
NABARD, Head Office Mumbai
8thFloor, 'C' Wing, C-24, 'G' Block
Bandra-Kurla Complex, Bandra (East)
Mumbai 400 051 Tel : (91) 022 26524207
Fax : (91) 022 26523895
E-mail : firstname.lastname@example.org
Information under RTI – Section 4(1)(b)