NABARD - Integrated Scheme for Agricultural Marketing – Storage Infrastructure

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NABARD - Integrated Scheme for Agricultural Marketing – Storage Infrastructure

The Govt. of India has a vision to double farmers’ income by year 2022. In the light of this vision, it entails an urgent need for putting in place better farmer-market linkages. The Govt. proposes to develop the storage facilities which are very crucial in the marketing activity of Agri produce. The scientific warehousing (godowning) in the marketing activity has multipronged role in reducing storages losses of all sort , functioning as market place, promoting pledge financing and also Negotiable Warehouse Receipts (NWRS) resultantly addressing the issue of distress sell and facilitating futures trading. By selling agri. and allied produce in more marketable and processed form by farmers themselves in the market may considerably enhance their income

Eligible beneficiaries for creation of storage infrastructure (Capacity 50 - 5000 MTs) and Non- storage infrastructure:

  • Individuals, Group of farmers / growers, FPOs/FPCs registered under respective companies Act/cooperatives societies Act/ societies registration Act (with minimum 50 number of farmer members);
  • Partnership/ Proprietary firms, Companies, Corporations;
  • Non-Government Organizations (NGOs), Self Help Groups (SHGs); Cooperatives, Cooperative Marketing Federations; Autonomous Bodies of the Government, Local Bodies, Panchayats;
  • State agencies including State Government Departments and autonomous organization / State owned corporations such as Agricultural Produce Market Committees & Marketing Boards, State Warehousing Corporations, State Civil Supplies Corporations etc

Pattern of Assistance: The scheme provides assistance as credit linked back ended subsidy in following form.

Category

Rate of Subsidy

50-1000 MT
(Rs. / MT)

1000-5000 MT
(Rs. / MT)

Max Cap

North Eastern States, Sikkim, UTs of Andaman & Nicobar and Lakshadweep Islands, hilly areas

33.33%

1333.2

1333.2

Rs. 66.6 Lakhs

Other Areas

       

FPOs, Panchayats, Women, Scheduled Caste (SC)/ Scheduled Tribe (ST) entrepreneurs or their cooperatives, Self-help groups

33.33%

1166.55

1000

Rs. 50 Lakhs

For all Other categories of beneficiaries

25%

875

750

Rs. 37.5 Lakhs


Important to remember:

  • Project should commence only after the term loan is sanctioned by the Financial Institution.
  • Detailed Project Reports and applications have to be made in the specified formats
  • NABARD practices strict timelines in terms of making applications for the subsidy, Joint inspections and completion of the project. It is the responsibility of the applicant to adhere to the specified timelines.
  • There are various rules regarding allocation of Land for the project, in terms of lease period, location of the land and permissible cost of land in the project report / promoter’s contribution which need to be followed.
  • The storage godowns have to be constructed as per the norms of Warehousing Development and Regulatory Authority (WDRA).
  • There will be constant monitoring of the working of the project by NABARD and Financial Institutions.

For more details about the scheme please contact us. We can help you with

  • Arrangement of Finance Loans
  • Preparing Project report as per the norms of the scheme
  • Ensure error free application to NABARD
  • Regular followup with the Financial Institutions for making applications as per the prescribed timelines
  • Assist you in Joint Inspections
  • Provide advice on norms of Warehousing Development and Regulatory Authority (WDRA).

Our Unique Services

  1. Preparation of Detailed Project Reports (DPR)
  2. Layout Drawings
  3. Facilitating various permissions required from various Govt. Departments
  4. Error free application processing for various subsidies and incentives
  5. Facilitating the arrangement of subsidies and incentives from Govt. Departments
  6. Advisory on Purchase of Machinery / Technology and Civil works
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