GUIDELINES FOR JOINT / ASSOCIATE SECTOR PROJECTS

1. The project to be taken up, should be in the field of Agriculture, Horticulture, Floriculture Agri-inputs and/or marketing, Export and Consultancy services related thereto.

2. Projects based on Hi-Tech: GAIC may endeavor to promote projects which bring substantive improvement over the existing levels of technologies resulting into techno-economic benefits. Under this area , the corporation may also encourage projects which would pioneer new lines of manufacture and novel substitute products and agri infrastructure projects with new technology should be supported by satisfactory proof/evidence of proper technology.

3. Projects on marketing & export of agriculture, horticulture, floriculture and agro inputs products: Considering the free foreign exchange regime in vogue, it may be ensured that the products under this category are globally competitive with minimum tariff protection and/or with export incentive on a long term perspective.

4. Project should be within the State of Gujarat.

5. The exit route for disinvestment should be open to GAIC.

6. Projects with the association of government agency/public sector undertaking of state as well as central government along with the private entrepreneur should be given preference.

7. The guidelines framed by the Government of Gujarat for joint/associate sector
   be strictly followed.

8. Earnest Money Deposit should be deposited by the promoters at the time of signing of MOU, as under.