The Agricultural Product Mortgage Scheme has been implemented by Shrirampur Market Committee for the last 10 years. For this, Shrirampur Market Committee has won the first prize in Nashik division in the financial year 2015-16. This scheme is implemented so that farmers can store their goods when the market price of agricultural products decreases and sell them when the market price increases. The Market Committee provides loans to farmers on the pledge of agricultural products for six months at an interest rate of 6 percent. Till now, many farmers have benefited from this scheme. Farmers are provided with agricultural product pledge loans with minimal documentation, in less time and at a low interest rate.
