ABOUT US

INTER STATE AGRICULTURAL MARKETING
AND
PROCESSING CO-OPERATIVE SOCIETY LTD.

MUTUAL AID TO ATTAIN
SOCIAL & ECONOMIC
BETTERMENT

Let's "Rebuild better world together"

Inter State Agriculture Marketing and Processing Cooperative Society Ltd. (ISAMPS)is a Multistate Cooperative society, registered within multistate cooperative societies act 2002 is headquartered at Lucknow. We believe in sustenance more than subsistence and Holistic Growth of all stake holder within the ecology of farming and farm related services.

WE FASCILITATE MUTUAL AID TO ATTAIN SOCIAL AND ECONOMIC BETTERMENT

Inter State Agricultural Marketing and Processing Co-operative Society Limited (ISAMPS) is a multi-state Co-operative Society registered within multi-state co-operative societies Act 2002. We are united to meet our common economic, social and cultural needs and aspirations through jointly owned and democratically controlled enterprise. We are an enterprise that seeks to strike a balance between pursuing profits and meeting the needs and interest of members and their communities. We not only provide members with economic opportunities, but also offer them a wide range of services and opportunities through the co-operative model in agriculture, processing and marketing.

INSTITUTIONAL SUPPORT
NABARD ROLE IN INDIAN AGRICULTURAL CREDIT

GENESIS & VISION,

The importance of institutional credit in boosting rural economy has been clear to the Government of India right from its early stages of planning. Therefore, the Reserve Bank of India (RBI) at the insistence of the Government of India, constituted a committee to Review the Arrangements For Institutional Credit for Agriculture.

and Rural Development (CRAFICARD) to look into these very critical aspects. The Committee was formed on 30 March 1979, under the Chairmanship of Shri B. Sivaraman, former member of Planning Commission, Government of India.

The Committee’s interim report, submitted on 28 November 1979, outlined the need for a new organizational device for providing undivided attention, forceful direction and pointed focus to credit related issues linked with rural development. Its recommendation was formation of a unique development financial institution which would address these aspirations and formation of National Bank for Agriculture and Rural Development (NABARD) was approved by the Parliament through Act 61 of 1981.

NABARD came into existence on 12 July 1982 by transferring the agricultural credit functions of RBI and refinance functions of the then Agricultural Refinance and Development Corporation (ARDC). It was dedicated to the service of the nation by the late Prime Minister Smt. Indira Gandhi on 05 November 1982. Set up with an

Initial capital of Rs.100 crore, its’ paid-up capital stood at Rs.14,080 crore as on 31 March 2020. Consequent to the revision in the composition of share capital between Government of India and RBI, NABARD today is fully owned by Government of India. The Government of India encourages farmers in taking up projects in select areas by subsidizing a portion of the total project cost. All these projects aim at enhancing capital investment, sustained income flow and employment areas of national importance.

NABARD has been a proud channel partner of the Government in some of these schemes shown in
this section. Subsidy as and when received from the concerned Ministry is passed onto the financing
banks.

 New Agricultural Marketing Infrastructure (AMI) sub scheme of ISAM
 Agri Clinics and Agri Business Centres Scheme (ACABC)
 National Livestock Mission – Entrepreneurship Development & Employment Generation (NLM-EDEG)
 Dairy Entrepreneurship Development Scheme (DEDS)
 Commercial production units of organic inputs – National Project on Organic Farming (NPOF)
 GSS – Ensuring End Use of Subsidy Released
 Interest Subvention Scheme

Our team of expert are having multiple year of experience in documentation and preparing individual proposals case to case basis for processing of farmers exclusive desire of obtaining the financial assistance from appropriate funding agency under best available Govt. schemes.