How can I get nabard subsidy for warehouse?
How can I get nabard subsidy for warehouse?
Objective of Nabard Warehouse Subsidy Scheme 2021
- For the applicant, it is mandatory to have a Godown License under the Rural Storage scheme.
- Godown height should not be less than 4/5 meters.
- Godown must be constructed according to the engineering parameters.
How can I claim nabard subsidy?
From 23rd October 2019, subsidy claims will be accepted by NABARD only through the online route. In case any Bank faces genuine difficulty in submitting the claim through the portal, it may bring the same to the notice of NABARD as well as DMI and find out a solution quickly.
What is the subsidy on warehouse?
Gramin Bhandaran Yojana is a capital investment subsidy scheme for the construction or renovation of rural warehouses or godowns for storing farm produce. The scheme is aimed at assisting farmers in increasing their holding capacity.
What is the subsidy for nabard loan?
Under this scheme, the government has decided to provide a subsidy of up to 33.33 per cent and you can take a loan up to Rs. 7 lakh. As per the report, there is a provision to provide a subsidy of up to 33.33 per cent of the total project cost to the person who has dairy or buffalo rearing.
What are the rules for NABARD godown scheme?
You can assume this information for Nabard Warehouse Scheme, Nabard Rural Godown Scheme, Warehouse Subsidy, Rural Godown Subsidy Scheme, Gramin Bhandaran Yojana for Rural Godown and Warehouse, Guidelines and Rules for Agricultural Warehouse in India, Nabard Rural Godown Scheme 2020, Nabard Subsidy 2020, Agriculture Warehouse Subsidy in India.
Why is NABARD subsidy for agricultural godown important?
Introduction to NABARD Subsidy for Agricultural Godown: Agricultural Godowns are major necessity for small farmers to retain the produce with them until the market prices are favourable. The storage is also necessary to reduce the wastage and deterioration to enable it to meet their remunerative prices.
How much subsidy can I get from NABARD?
If the category of the applicant is Farmers, agricultural graduates and cooperative, then the rate of subsidy available is 20-25% of the total cost of the project and is limited to INR 2.25 crores.
Are there any subsidies for Godowns in NCDC?
No subsidies are provided if the rural godowns are of Cooperative assistance by NCDC. Rural godowns capacity up to 50 tonnes and smaller in size, are also eligible for subsidy under the scheme but it is totally based on viability analysis depending on the special requirement of that particular State/Region.