Particulars of Organization, Functions & Duties
[Section-4 (1) (b) (i)]
Objective of Public Authority
From among the score of object that APICOL wishes to fulfill for promotion and investment in agro sector a few worth mentioning are:
To bring in a shift from subsistence agriculture to commercial agriculture by motivating farmers and entrepreneurs on commercial agri enterprises and provide an interactive coupling between technology, economy, environment, institutions and society for speedy development of agriculture, agro-based/food processing industries to build up a substantial base for production of value added agro-food products for domestic and export markets with strong emphasis on quality and productivity.
To fulfill the VISION and contribute to all round economic and social development of the State of Odisha with a motto of promise to help and help to promise.
Brief history of the public authority an context of its information
The Agricultural Promotion and Investment Corporation of Odisha Limited (APICOL) were incorporated on 01-03-1996 with the intention of bringing enterprise into agriculture as envisaged in the State Agriculture Policy - 1996. It started functioning since 01-06-1996 with the sole objective of promoting agro based industries/food processing industries including commercial agriculture/ horticulture/animal husbandry/fishery etc., in broad terms to promote investment in agriculture and allied sector.
Duties/Role of Public Authority
The organization is engaged in promotion of commercial agriculture in the state by way of rendering various services such as technical guidance, training of entrepreneurs, dissemination of information regarding the scope of commercial and export oriented agriculture in the state and preparing bankable project report. It provides escort services to business houses engaged in agri business. Incentives under the State Agriculture Policy and various other schemes of the department are also canalized through APICOL. Besides, APICOL acts as Nodal Agency for Ministry of Food Processing Industries (MFPI), Government of India and operating the virtual office of the Agricultural & Processed Food Products Export Development Authority (APEDA), Ministry of Commerce, and Government of India. The organization is playing different roles and carrying out all the roles as listed below:
Main activities of the organization are as follows:
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