| 1. |
The project to be taken up, should be in the field of Agriculture, Horticulture, Floriculture Agriculture-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 Agriculture 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 Agriculture 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. |