Post Training Activities : Young members of Farm Families

Eleven (11) Farmer Interest Groups (FIG) were formed at the end of the 90-days Entrepreneurship Development Training during the month of March 2020. The groups submitted different Agri-business startup projects on Spices, Broomsticks, Vermicompost, Sattu, Mushroom, Fish, Poultry, Paddy, Fruits and vegetables to NSTIAM. All the projects got the approval from their respective banks for loan / overdraft loan. Post training activities of the groups were monitored during the F.Y 2022-21. In spite of the nation-wide lockdown during the 1^st quarter of the F.Y 2020-21 for COVID pandemic subsequent negative impact in the economy of the entire country, the groups ended up with a total income generation of 98.13 lakhs from the above-mentioned projects at March 2021.

The groups who have successfully completed the 90 days Entrepreneurship and Skill Development Training during the Financial Year 2018-19, were vividly monitored through the Training Provider and the Institute during the F.Y 2019-20. The groups have already availed a total loan (in the form of overdraft) of 13.30 lakhs from their Banks. During the period from April’19 to Mar’20, the average income per group is Rs. 95,575/- and average income per member per month is Rs 8,689/- during the same period (considering av. 11 active members per gr.). This shows an encouraging return on their investment during this period. The OTA provided by the State Government, which has been converted to Fixed Deposit by the Groups, has acted as a Rural Agri-business Start-up Fund as well as a guaranty for the loan that the Group availed from the banks for their projects.

In addition to their group business, the trainees are also conducing several business activities related to agriculture and /or agri-allied sectors individually.