Karnataka Agriculture Policy

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Karnataka Agriculture Policy

In order to give focused attention for the overall development of agribusiness and food processing sector the Karnataka Govt. has introduced an exclusive Agribusiness & Food Processing Policy. In Karnataka, about 3% of the total agro and allied produce is processed currently. The Ministry of Food Processing Industries, Govt. of India aims to achieve the food processing target of 25% by 2025 at the national level. In line with the National benchmark, the Karnataka Agribusiness & Food Processing Policy 2015 aims to achieve the target of 10% of agro processing by 2020 and 25% by 2025 in the State. This policy aims to develop agribusiness and agro processing as a vibrant sector for creating employment opportunities and increasing the farm returns to farmers by value addition.

Starting date: 11th December, 2015

Incentives under the scheme

Sl. No.

Incentive / Subidy

Rate of Subsidy

Max Limit

Eligible for

Time Period

 

Investment Promotion Subsidy

35%

65 Lakhs

Micro, Small and Medium Industries

One time

 

Exemption from Stamp Duty

100%

No Limit

Micro, Small, Medium and Category A,B,C industries

One Time

 

Concessional Registration Charges

@ Rs.0.50 per Rs.1000

No Limit

Micro, Small, Medium and Category A,B,C industries

One Time

 

Reimbursement of land conversion fee for

100%

No Limit

Micro, Small, Medium and Category A,B,C industries

One Time

 

Exemption from Entry Tax for Capital goods

100%

No Limit

Micro, Small, Medium and Category A,B,C industries

3 years - MSME

3 years – A & B

5 Years – C

 

 

Exemption from Entry Tax for for raw materials, inputs and component parts and consumables excluding petroleum Products

100%

No Limit

Micro, Small, Medium and Category A,B,C industries

6 Years - MSME

5 years – A

6 Years – B

7 Years – C 

 

Interest Subsidy

6%

No Limit

Micro Enterprises

7 Years

 

Exemption from tax on Electricity tariff

100%

No Limit

All industries

8 Years

 

Reimbursement of VAT

75% - MSME

60% - A

70% - B

80% - C

100% of VFA

Micro, Small, Medium and Category A,B,C industries

5 Years

 

Subsidy for technology

adoption from recognized national Labs

50%

1 Lakh

Micro, Small, Medium industries

One time

 

Market Fee Exemption

100%

No Limit

All Industries

10 years

 

Subsidy for setting

up Effluent Treatment

Plant (ETP)

75% - MSME

50% - A,B,C

Rs. 50 Lakhs – MSME

Rs. 100 Lakhs – A,B,C

Micro, Small, Medium and Category A,B,C industries

One time

List of Ineligible Activities / Enterprises

  1. Breweries and Distilleries of all types excluding Winery.
  2. Masala making without Cold Process Grinding, powder of Chilly, Turmeric, Masala, Spices, Curry, Sambar, Papad etc.,except those having FSSAI certification.
  3. Preparation of Sweetmeat and Salted Snacks, Mixture, Bhujia.
  4. Khandasari making enterprises.
  5. Jaggery making enterprises except those having FSSAI Certification.
  6. Mineral Water and aerated Soft Drinks, Alcoholic Beverages.
  7. Tea Blending / Mixing Units, Coffee Roasting & Grinding units having installed capacity of less than 2 TPD.
  8. Production of Popcorn, Ice Block, Production of Ice Candy and Ice Fruits etc. Ice-cream manufacturing without FSSAI certification.
  9. Units connected with Raw-Tobacco and Tobacco Based Products.
  10. Fertilizer Mixing Units.
  11. Poultry excluding Hatcheries.

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