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Agricultural Promotion and Investment Corporation of Odisha Limited

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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

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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

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

References

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  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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