1.10.8. Terminal Market Complexes

♤ To encourage private sector investment in agriculture, the Union ministry of agriculture is setting up terminal market complexes (TMCs), which are reducing wastage of farm produce and thereby boosting supply. It provides facilities such as cleaning, sorting, packing, storage, cold chain and transportation. It encourages participation of private enterprises which are selected as promoters in the TMC project through competitive bidding and are eligible for subsidy. Private enterprise can be any individual or consortium, while producers’ association can be farmer societies, registered NGOs, etc and the TMC project are being implemented as a separate company to be registered under the Companies Act, 1956.