Plan to launch Rs 15,000-cr horticulture project

New Delhi, Oct 29 | Updated: Oct 30 2004, 05:40am hrs
The government is planning to launch a Rs 15,000 crore horticulture mission in 2005. This mission will be for a period of five years, said agriculture minister Sharad Pawar.

Amendments to the Seeds Act are likely to be tabled in Parliament for greater private sector participation. An expert panel will be set up under the chairmanship of MS Swaminathan to synchronise researches done by various public sector institutes in line with what market really needed.

A meeting of state agriculture ministers is also scheduled next month to discuss farm sector reforms, which includes enactment of state laws to allow corporate sector participation in regulated markets.

Addressing the annual national conference of Confederation of Indian Industries (CII) in the Capital on Friday, Mr Pawar urged the private sector to be partners in the multi-crore horticulture mission. He said the mission would also aim at transforming wastelands into valuable wealth-creating assets.