Agricultural Promotion and Investment Corporation of Odisha Limited

Agricultural Promotion and Investment Corporation of Odisha Limited (APICOL)
Company typeState-owned enterprise
IndustryAgricultural promotion and investment
Founded1996
Headquarters326 Baramunda,
Bhubaneswar, Odisha
,
India
Area served
Odisha
Key people
Rajesh Verma (IAS & CEO)
Pravat Kumar Roul (managing director)[1]
ProductsAgricultural products
Websitewww.apicol.co.in

The Agricultural Promotion & Investment Corporation of Odisha Limited (APICOL) is a Government of Odisha public sector undertaking,[2][3] incorporated on 1 March 1996 to foster enterprise in agriculture as envisaged in the State Agriculture Policy of 1996. It began operations on 1 June 1996 with the primary goal of promoting agro-based industries and food processing industries, including commercial agriculture, horticulture, animal husbandry, and fisheries, to promote investment in agriculture and related sector.

History

In 2019, APICOL and Professional Assistance for Development Action (PRADAN), a national-level not-for-profit organization, entered into an agreement to implement the Agriculture Entrepreneurship Promotion Scheme (AEPS) in selected tribal blocks of the state.[4] In the same year, APICOL signed another MoU with CSC e-Governance Services India Limited (CSC-SPV), a central government entity, to implement the Mukhyamantri Krushi Udyog Yojana (MKUY), which was launched on June 1, 2018.[4]

Subsidiaries

  • Capital Investment Subsidy (CIS) for Commercial Agri Enterprises (CAE) and Agro Service Centers (ASC)

References

  1. ^ "Pravat Kumar Roul appointed new VC of OUAT". The Times of India. 9 September 2022.
  2. ^ "Odisha govt announces financial aid for betel leaf, kewra farmers". Sambad. 17 September 2023. Retrieved 3 July 2024.
  3. ^ "Farm equipment boost to agro service centres". The New Indian Express. 18 October 2018. Retrieved 3 July 2024.
  4. ^ a b "Odisha government signs pact to promote agriculture enterprises in 12 tribal districts". The New Indian Express. 22 August 2019. Retrieved 3 July 2024.


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