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smart-mh.org – State of Maharashtra Agri-Business and Rural Transformation (SMART) Project

The Maharashtra Government has launched State of Maharashtra Agribusiness and Rural Transformation (SMART) Project to promote sustainable farming in the state. The project will be implemented across Maharashtra & will cover 10,000 villages i.e. one forth of the state. The project will be implemented over next 3 years.

What is State of Maharashtra Agribusiness and Rural Transformation (SMART)? A project in association with the World Bank to transform rural Maharashtra through “SMART” interventions in Agriculture and Livelihood sectors.

Objectives:

  • Increase farmer`s income
  • To provide easy access to markets for farmers to sell their produce

State of Maharashtra Agribusiness and Rural Transformation (SMART) Project:

State of Maharashtra Agribusiness and Rural Transformation (SMART) Project Highlights:

  • A World Bank assisted project
  • Corporate houses such as Reliance, Amazon, Walmart, Mahindra Agro, Pepsico, Tata Rallis, Big Basket, Patanjali, Tata Chemical etc to partner with government & some of them has already signed MoU with the government
  • Goal is to make agriculture sustainable & affordable for the farmers
  • Many of the food & agricultural startups are also working on the farmers issues
  • Government is intending to increase crop productivity with the project
  • Government will also be helping farmer groups with market access
  • It will provide assured market for agricultural produce
  • It will crease employment opportunities as well
  • SMART project will provide direct market access along with direct connect between farmers & corporates
  • It will ensure better prices
  • Maharashtra Village Social Transformation Foundation (MVSTF), Maharashtra State Rural Livelihoods Mission (MSRLM), & Maharashtra Agricultural Competitiveness Project (MACP) along with Confederation of Industries (CII) is an entrepreneurial partner of the project
  • Rs. 2,118 crores will be invested into the project
  • World Bank will provide funding of Rs. 1,483 crores
  • Rs. 565 crores will be invested by the state government
  • Rs. 71 crores will be given by Village Social Transformation Foundation
  • Rest of the funds will be raised with the help of CSR funds
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