National Seed Corporation- Assistance for boosting seed production in private sector
Govt. of India realizing the need for increased seed production in the high volume low
value crops has proposed to provide assistance for boosting seed production in the private
sector. The scheme is implemented through National Seeds Corporation under the administrative
control of Department of Agriculture Cooperation & Farmer’s Welfare, Ministry of
Agriculture and Farmers Welfare..
Pattern of Assistance
The scheme provides assistance in the following form.
- Credit linked back ended Capital Subsidy
- 40% of project cost for General Areas with maximum cap of Rs. 60 Lakhs
- 50% of project cost for Scheduled Areas with maximum cap of Rs. 75 Lakhs
Eligible components of the Scheme
The scheme supports the following components
- Seed Godown
- Seed Pre-cleaner
- Seed Cleaner-cum-Grader
- Indent Cylinder
- Conveyor System
- Seed Elevator
- Seed Treater
- Seed Drying Unit.
- Seed Holding Bins.
- Weighing Machine.
- Bag Closer
- DG Set
- Transportation, freight, erection, commissioning and electrification charges
- Other connected equipments/accessories/different sieve sizes
- Seed Testing Laboratory Equipments.
Cost Capping for release of Subsidy
- ✅ Godown with AC / GI sheet – Rs. 7000 per sq. mt.
- ✅ Storage godown with flat roof – Rs. 7500 per sq. mt.
- ✅ Seed processing plant structure – Rs. 7000 per sq. mt.
Important to Remember
The detailed project report has to be as per the norms of the scheme
- Term loan is mandatory
- Subsidy is released into the SRF account of the bank
- The project should be complete within 15 months from disbursement of Term Loan
For more details about the scheme please contact us. We can help you with
- Making error free applications to NSC with accurate Detailed Project Reports, Technical Standards and Protocols.
- Reviewing Bank Appraisal Reports to check for any data inconsistencies
- Maintaining the progress of the project as per the recommendations NSC
- Assist you in the regular Joint Inspections and submission of follow-up documents to NSC
- Represent your case before NSC for any difficulties faced in implementation of the project