23. Gramin Bhandaran Yojana
Purpose
This scheme is for creating scientific storage capacity in the rural areas for storing farm produce ,thereby prevent distress sale of produce by the farmers after harvest, by promoting pledge financing and marketing credit.
Eligibility
1. Individuals / Farmers. quality cum inputs testing laboratories.
2. Proprietary and partnership terms..
3. Co-operatives, Agro-processing co-operative societies.
4. Companies.
5. Corporations, Agro-Industrial corporations.
6. Agricultural Produce Marketing Committees..
7. Group of Farmers/Growers.
8. NGOs
9. Agro-Processing Corporations..
10. Self Help Groups..
11. Marketing Boards etc.
Loan amount
Depending on the project cost. Maximum Project cost will be Rs 1500/ to 2000/ per tonne capacity for construction and Rs 500/ per tonne for renovation NABARD is providing back end subsidy for the projects financed by the Banks ,depending on the location and capacity of the godowns.Bank will finance upto 80 % of the Project cost
Security: Mortgage /charge of Land and godown
Repayment: The loan should be repaid in 11 years, with a grace period of one year. Subsidy will be credited as the final installments.
| Source: http://www.statebankofindia.com/portal/agri |
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