The Agricultural Promotion & Investment Corporation of Odisha Limited (APICOL), a wholly owned corporation of Govt. of Odisha. Incorporated on 01.03.1996 (CIN: U01409OR1996SGC004357), it started functioning since 01 June 1996 under the Department of Agriculture and Farmers' Empowerment. The primary objective of the corporation is to promote Commercial Agri Enterprises in the state in the Agriculture, Horticulture, Animal Resources Development, Agri Exports, Food Processing and Fisheries sectors.
Bringing in a shift from subsistence to commercial Agriculture.Providing an integration among technology, economy and society for a faster development of broad based agriculture.Building up a robust base for enhanced production, value addition and market linkage.
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.
The corporation is implementing the Mukhyamantri Krushi Udyoga Yojana (MKUY) and Agriculture Entrepreneurship Promotion Scheme (AEPS) of Govt. of Odisha. Besides, it is acting as the State Nodal Agency for Prime Minister Formalization of Micro Food Processing Enterprises (PMFME) and Agriculture Export Policy (AEP).
So far, the corporation has supported 1,972 Commercial Agri Enterprises (CAEs) and 4,587 Agro Service Centres (ASCs) in the state with disbursement of subsidies aggregating to around Rs.308 crore. Further, Under Jalanidhi scheme, disbursed subsidies amounting to Rs.650.30 crore for 2,28,982 nos. of shallow tube well/ dug well/ bore well/ lift irrigation projects irrigating 5.725 lakh hectares of agricultural land.
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