NHB Horticulture consultancy

NHB Horticulture

The scheme will be implemented by Ministry of Horticulture – NHB horticulture consultancy

NHB Credit Linked Back ended Subsidy Schemes (No.1 and 2)

1. Development of Commercial Horticulture through Production and Post-Harvest Management of Horticulture Crops.

National Horticulture Board will take up integrated commercial horticulture development projects in open field conditions on project mode , including components viz planting material, plantation, irrigation, fertigation, mechanization, precision farming, GAP etc. for projects covering area over 2.00 ha.

The components like farm machinery and PHM infrastructure, irrigation and micro irrigation etc shall be eligible under the scheme for assistance in existing/new orchards/projects to increase productivity

 Pattern of assistance:

Credit linked back-ended subsidy @ 40% of the total project cost limited to Rs 30.00 lakh per project in general areas and @ 50% of project cost limited to Rs. 37.50 lakh in NE Region, Hilly States and scheduled areas.

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1.2. Commercial Horticulture Development in protected cover on project mode

The Board will also take up commercial horticulture development projects under protected cover on project mode including components viz planting material, plantation, irrigation, fertigation, mechanization, etc for projects having area over 2500 sq meter. In case of NE Region, projects having area over 1000 sq meter are eligible

Pattern of assistance:

Credit linked back-ended subsidy @ 50% of the total project cost limited to Rs 56.00 lakh per project as per admissible cost norms for green houses, shade net house, plastic tunnel, anti bird /hail nets & cost of planting material etc.

Crops eligible:

a. Flowers: Anthurium, Orchids, Rose, Lilium, Chrysanthemum, Carnation and Gerbera. b. Vegetables: High value vegetables: Capsicum, Cucumber, Tomato

The Board will take up Integrated Post Harvest Management projects relating to Pack House, Ripening Chamber, Refer Van, Retail Outlets, Pre- cooling unit, Primary processing etc.

1.3. Integrated Post Harvest Management projects

The Board will take up Integrated Post Harvest Management projects relating to Pack House, Ripening Chamber, Refer Van, Retail Outlets, Pre- cooling unit, Primary processing etc.

Crops eligible:

In case of primary processing, projects related to Fruits, Vegetables, Flowers, Aromatic plants and Cashew are only eligible for subsidy.

Pattern of assistance:

Credit linked back-ended subsidy @ 35% of the total project cost limited to Rs 50.75 lakh per project in general area and @ 50 % of project cost limited to Rs. 72.50 lakh per project in NE Region, Hilly States and Scheduled areas.

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SCHEME-2

2. Capital Investment subsidy scheme for construction/expansion/ modernization of cold storage and storage for Horticulture Produce.

Components Credit linked projects relating to Cold Storages including Controlled Atmosphere (CA) and their modernization are eligible for assistance under this component. b)

Infrastructure/Activity and Crops eligible:

 a. Assistance for setting up of new Cold Storage infrastructure will be available only to Multi-Chamber cold Storage units with technologies which are energy efficient with provision of thermal insulation, humidity controlled, advance cooling systems, automation, etc, having specification and standards approved by the Ministry. To ensure, compliance of notified standards, all projects will be subjected to technical scrutiny by NHB empaneled Technical appraisal agency. b. In case of CA Stores, projects of temperate fruit crops located in production areas for which to NHB protocols are available, are only are allowed.

Capacity and Pattern of Assistance: –

The assistance will be given as subsidy @ 35% of the capital cost of project in general areas and 50% in case of NE, Hilly States & Scheduled Areas for a storage capacity above 5000 MT up to 10000 MT

3. Technology Development and Transfer for Promotion of Horticulture


Projects for popularization of identified new technologies/tools/techniques for commercialization/ adoption shall be undertaken through following sub-components of the scheme

3.1   Setting up of block /mother plant and root stock nursery (Area above 4 ha)

Components includes mother block of scion and root stock, infrastructure for production of disease free planting material, creation of poly house, green house, net house, screen house, mist chamber, hot beds sterilization of media, working shed, tissue culture lab, referred lab, virus indexing facility, quality control lab, weather station, water supply, irrigation facility, fertigation unit, electric supply with generator, ETP, farm equipment/farm mechanization, tools, portrays, root trainer, container, computer system for data management and analysis etc.

Pattern of assistance:- Project based – 100% and only through Govt. agency/Public Sector @ Rs.100.00 Lakh /ha for effective nursery area including virus indexing, tissue culture lab etc

3.2 Acquisition of technologies including import of planting material from other countries for evaluation and mass multiplication in order to increase production & productivity of horticulture crops 

This components aims to acquire technologies either nationally or globally that have been developed in the area of horticulture or which can be commercialized to put for farmers/industry benefit. This will also include assistance for meeting cost of Import of best quality planting material of latest varieties of horticultural crops has been included.

Pattern of assistance: – Rs.50.00 lakh/project. Project based – 100% and only through Govt. agency/ PSUs.

3.3  Import/Procurement of Machines and Tools for horticulture for demonstration purpose Horticulture

mechanization is aimed to improve farm efficiency and reduce drudgery of farm work force. To promote Farm mechanization and introduce technologically advanced plants & machineries from abroad, NHB will provide assistance for importing new machines in the field operations areas of horticultural crops viz nursery/seedling preparation, post hole digging for planting, interculture, aeration, earthing, irrigation, plant protection, harvesting, handling, packaging transport etc.

Pattern of assistance: – Rs. 50.00 lakh/ machine. 100% of total cost and only through Govt. agency/ Public Sector. Proposals of Growers Associations promoted by NHB and Co-operative Societies and Farmers Producers Organisation may also be considered on merit as per direction of Board of Directors .

3.4 Development & Transfer of Technology

 Following components will be considered:-Pilot project for introduction of new farm input and appropriate technologies etc. for promoting high quality commercial production or increase in productivity.Development and introduction of new protocol relating to Post Harvest Management, Cold Chain, Primary processing, Bio-technology and introduction of new tools/equipment/ machineries for PHM, Storage including Cold chain system and handling.R & D projects for solving specific problems related to production, PHM, Packaging, Storage, handling and transport could be considered on merit basis

Pattern of assistance: – Project Based Rs. 2000.00 lakh

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NHB Horticulture consultancy NHB Horticulture consultancy NHB Horticulture consultancy NHB Horticulture consultancy

Ministry of food processing (mofpi ) consultancy

Ministry of food processing (mofpi )

The scheme will be implemented by Ministry of Food Processing Industries (MoFPI) – Ministry of food processing (mofpi ) consultancy

1.   Cold Chain

The objective of the Scheme of Cold Chain,

 Value Addition and Preservation Infrastructure is to provide integrated cold chain and preservation infrastructure facilities, without any break, from the farm gate to the consumer. It covers creation of infrastructure facility along the entire supply chain viz. pre-cooling, weighing, sorting, grading, waxing facilities at farm level, multi product/ multi temperature cold storage, CA storage, packing facility, IQF, blast freezing in the distribution hub and reefer vans, mobile cooling units for facilitating distribution of horticulture, organic produce, marine, dairy, meat and poultry etc. The scheme allows flexibility in project planning with special emphasis on creation of cold chain infrastructure at farm level.

Pattern of Assistance

  • For storage infrastructure including Pack House and Pre cooling unit, ripening chamber and transport infrastructure, grant-in-aid @ 35% for General Areas and @ 50% for North East States, Himalayan States, ITDP Areas & Islands, of the total cost of plant & machinery and technical civil works will be provided.
  • For value addition and processing infrastructure including frozen storage/ deep freezers associated and integral to the processing, grant-in-aid @ 50% for General Areas and @ 75% for North East States, Himalayan States, ITDP Areas & Islands, will be provided.
  • For irradiation facilities grant-in-aid will be provided @ 50% for General Areas and @ 75% for North East States, Himalayan States, ITDP Areas & Islands.

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2.   Creation/ Expansion of Food Processing/ Preservation Capacities (Unit Scheme)

 The main objective of the Scheme is creation of processing and preservation capacities and modernisation/ expansion of existing food processing units with a view to increasing the level of processing, value addition leading to reduction of wastage. The processing activities undertaken by the individual units covers a wide range of post-harvest processes resulting in value addition and/or enhancing shelf life with specialized facilities required for preservation of perishables. While expansion of processing capacity is necessary to increase the level of processing and reduce wastage, the induction of modern technology is intended to make a clear difference in terms of process efficiencies as well as improving the quality of the end product. The setting up of new units and modernization/ expansion of existing units are covered under the scheme.

Pattern of Assistance

The Scheme envisages grants-in-aid @35% of eligible project cost in general areas and @50% of eligible project cost in the North East States including Sikkim and difficult areas namely Himalayan States (i.e. Himachal Pradesh, Jammu & Kashmir and Uttarakhand), State notified ITDP areas & Islands subject to max. of Rs. 5.00 crore per project.

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3.   Agro Processing Cluster Scheme

The scheme aims at development of modern infrastructure and common facilities to encourage group of entrepreneurs to set up food processing units based on cluster approach by linking groups of producers/ farmers to the processors and markets through well-equipped supply chain with modern infrastructure. Each agro processing clusters under the scheme have two basic components i.e. Basic Enabling Infrastructure (roads, water supply, power supply, drainage, ETP etc.), Core Infrastructure/ Common facilities (ware houses, cold storages, IQF, tetra pack, sorting, grading etc) and at least 5 food processing units with a minimum investment of Rs. 25 crore

Pattern of Assistance

  • The Scheme envisages grants-in-aid @ 35% of eligible project cost in general areas and @50% of eligible project cost in the North East States including Sikkim and difficult areas namely Himalayan States (i.e. Himachal Pradesh, Jammu & Kashmir and Uttarakhand), State notified ITDP areas, Islands and SC/ST entrepreneurs subject to max. of Rs. 10.00 crore per project.

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4.   Creation of Backward and Forward Linkages

The objective of the scheme is to provide effective and seamless backward and forward integration for processed food industry by plugging the gaps in supply chain in terms of availability of raw material and linkages with the market. Under the scheme, financial assistance is provided for setting up of primary processing centers/ collection centers at farm gate and modern retail outlets at the front end along with connectivity through insulated/ refrigerated transport.

Pattern of Assistance

The maximum grant extended per project is Rs 5.00 crore @ 35% of the eligible project cost for general areas and @ 50% for North East States, Himalayan States, ITDP Areas and Islands respectively. The grant is provided only in respect of technical civil work and eligible plant & machinery.

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5.   Operation Greens (TOP to TOTAL)

The objective of intervention is to protect the growers of fruits and vegetables from making distress sale due to lockdown and reduce the post – harvest losses.

Eligible Entities:- 

Food Processors, FPO/FPC, Co-operative Societies, Individual farmers, Licensed Commission Agent, Exporters, State Marketing/Co- operative Federation, Retailers etc.  engaged in processing/ marketing of fruits and vegetables.

Pattern of Assistance:- 

Ministry will provide subsidy @ 50 % of the cost of the following two components, subject to the cost norms:

Transportation of eligible crops from surplus production cluster to consumption centre; and/or

Hiring of appropriate storage facilities for eligible crops (for maximum period of 3 months);

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production linked incentive scheme medical device

The production linked Incentive(PLI) scheme for promoting domestic manufacturing of medical device

production linked incentive scheme for medical device – The scheme proposes a financial incentive to boos domestic manufacturing and attract large investments in the medical device sector -pharmaceutical consultancy

Incentives :

Incentives is the financial benefit to be provided to each selected applicant based on the incremental sales of manufactured goods made by the selected applicants as compared to the base year

Rate of incentives 5%

Investment

  • Expenditure incurred on new plant, machinery , equipment  and associated utilities
  • Expenditure incurred on new research and development
  • Expenditure related to transfer of technology agreement
  • Expenditure incurred on land and building

Domestic value addition

Domestic value addition shall be compute as below

  1. Net sales turnover minus value of non originating material and services used in manufacturing
  2. Net sales turnover

Eligibility for selection

  • The project shall be Greenfield project  as defined under this guideline
  • Only companies registered in India and having net worth not less than 30% of the committed investment as on the date of application .
  • The applicant should not have been declared as bankrupt or wilful as fraud by any bank or financial institutions or non banking financial company

Target Segment under the scheme

Name of the segment Indicative eligible product
Cancer care /radiotherapy medical device  Branch therapy systems , rational cobalt machine, radio therapy planning , proton therapy system and other products    
Radiology and imaging medical device and nuclear imaging devices CT scan , MRI , ultrasonography , X-ray equipment , mammography , C-arm, cath – lab , positron emission tomography , cyclotrons and other products 
Aesthetic and cardio respiratory medical devices  Needles anesthesia , syringes- anesthesia workstation , anesthesia unit gas scavenger , anesthesia kit , biopsy kit- renal , dialyzer , reprocessing system, lithographers- extra corporeal – renal and other products
All implants including implantable electronic devices  Cochlear implants , hip implants , knee implants spinal and neuro- surgical Mesh implant , hernia surgical mesh implant cerebral spinal  fluid shunt system , implant4ed pacemaker , insulin pump , implemented neuro stimuletrebd device like deep brain stimulator , intraocular lenses , heart valves, stents and other products  

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production linked incentive scheme medical device production linked incentive scheme medical device

Atmanirbhar Bharat Stimulus Package 3.0

Atmanirbhar Bharat Stimulus Package 3.0

Key takeaways from finance minister’s   Aatmanirbhar  bharat stimulate packages 3.0 includes

SOLACE TO HOME BUYERS AND DEVELOPERS

Circle Rate and Agreement Value differential increased from 10% to 20% (u/sec 43 CA), till 30th June 2021 (primary sale of residential units of value up to Rs 2 crore. Increase in differential would help the seller to sell the flats at 20% below circle rate, thereby clearing the inventory.

• In a transaction for home sale, the government would consider the sale as being at the circle rate and would calculate profit and tax. With no additional tax liability for developers with transactions executed at up to 20% lower than the circle rate, it is expected to lead to developers passing on the benefit to homebuyers.

• Additional allocation of INR 18,000 crore to be provided for PM Awaas Yojana (Urban) over the 2020-21 budget estimates.

• Infusion of INR 18,000 Crs may help 12 lakh houses to be grounded and for 18 lakh houses to be completed, along with 78 lakhs job creations

EMPLOYMENT CREATION

Atmanirbhar Bharat Rozgar Yojana” launched to incentivise creation of new employment opportunities during the COVID recovery phase. Scheme beneficiaries are new employees with wages less than INR 15,000/- and EPF member with less than INR 15,000 and got unemployed during COVID period (1.3.20 to 31.9.2020).

• Subsidy to be given to EPFO registered establishments that make new hires for covering the retirement contribution by employees and employers. Scheme would be operational till 30th June, 2021.

• Employees and employer’s contribution (12% of wages) would be given to establishments upto 1000 employees and only employees contribution (12%), for two years.

• Establishments to be registered with EPFO if min. 2 new employees are added as on Sep-20 with reference base of upto 50 employees and min. 5 employees with reference base of more than 50 employees.

EXTENSION IN ECLGS-1 & LAUNCH OF ECLGS-2

ECLGS-1 extended till 31st March, 2021. MSMEs, Mudra loans, Business Enterprises and individual business loan applicable.

In ECLGS-2, credit above 50 Crs and upto 500 Crs will be considered in 26 sectors identified by Kamath Committee & Healthcare Sector. For credit outstanding upto INR 50 Crs, ECGLS.1 will be applicable.

No annual turnover capping in ECLGS-2 and benefits to MSMEs providing goods and services to eligible entities.

PLAN TO TAKE ON CHINA THROUGH PLI SCHEME

The 5 year Production Linked Incentives (PLI) scheme extended to ten more sectors. The total planned allocation for the same is INR 1.46 lakh crore. The table shows the details of planned expenditure ,as per sector.

PLI is part of the government’s plan to make India an attractive manufacturing destination and self reliant besides helping it emerges strong alternative to China. It aims to do this through reduced corporate tax rate of 25%, PLI benefits and phased manufacturing plan (PMP)

BOOST TO INFRA DEBT FINANCING

NIIF Strategic Opportunities Fund has setup a debt platform comprising an NBFC Infra Debt Fund and NBFC Infra Finance Company.  The plat form has a loan book of Rs 8,000 crore and deal pipe line of Rs 10,000 crore.

•By 2025, NIIF will provide infrastructure project financing of Rs 1,10,000 crore.

NIIF has already invested nearly Rs2,000 crore in equity of the platform, and the govt will be investing Rs 6,000 crore as equity, with the rest being raised from private investors.

•Presently Actual investments made by three NIIF funds indown stream funds, platforms and operating companies is Rs 18,676 crore.

BOOST TO FARMERS

Announcement of INR 65,000- crore fertilizer subsidy for farmers to ensure adequate availability of fertilisers to farmers.

•An additional outlay of Rs 10,000 crore will be provided for PM Garib Kalyan Rozgar Yojana in the current financial year

BOOST FOR INDUSTRIES CONTRACTORS & EXPORTS

Rs 10,200 crore additional budget outlay will be provided towards capital and industrial expenditure, which covers domestic defence equipment, industrial incentives, industrial infrastructure and green energy.

• Earnest money deposit (EMD) and performance security on govt tenders relaxed by reducing locking up of capital. No EMD will be required for tenders and will be replaced by Bid Security Declaration.

Performance security on contracts will be reduced to 3%, and will be extended to ongoing contracts which are free of disputes. The relaxation for the contractors to be extended  till 31st December, 2021.

INR 3,000 crore will be released to EXIM Bank for promotion of project exports through lines of credit(LOC)under the IDEAS scheme.

• Exim Bank promotes Indian export by mandating recipient countries to import 75 percent valueof the LOC

Atmanirbhar Bharat Stimulus Package 3.0 Atmanirbhar Bharat Stimulus Package 3.0

new PLI scheme

Cabinet approves PLI Scheme to 10 key Sectors for Enhancing

PLI Scheme to 10 key Sectors- The union cabinet headed by PM approved the introduction of the productive – Linked Incentives (PLI) scheme in 10 key sector under which businesses will get incentives worth over Rs 1.46 lakh crore in 5 years . The approval comes with an aim to enhance India’s manufacturing capabilities and enhance export under Atmanirbhar bharat  .

Highlights

  • The PLI scheme will be implemented by the concern union minister
  • The scheme will be within the overall financial limits prescribed
  • The PLI scheme across the  10, newly added , key specific sector will make Indian manufactures globally competitive
  • The  move also aim to attract investment in the areas of core competency and cutting edges technology. it will also   ensure efficiencies , create economies of scale and enhance export and make India an integral part of the global supply chain
Sectors Implementing Ministry/Department Approved financial outlay over a five-year period Rs. In crore
Advance Chemistry
Cell (ACC) Battery
NITI Aayog and Department of Heavy Industries 18100
Electronic/Technology Products Ministry of Electronics and Information Technology 5000
Automobiles
& Auto Components
Department of Heavy Industries 57042
Pharmaceuticals drugs Department of Pharmaceuticals 15000
Telecom & Networking Products Department of Telecom 12195
Textile Products: MMF segment and technical textiles Ministry of Textiles 10683
Food Products Ministry of Food Processing Industries 10900
High Efficiency Solar PV Modules Ministry of New and Renewable Energy 4500
White Goods (ACs & LED) Department for Promotion of Industry and Internal Trade 6238
Speciality Steel Ministry of Steel 6322
Total   6322

The PLI scheme across these 10 key specific sectors will make Indian manufacturers globallycompetitive, attract investment in the areas of core competency and cutting-edge technology; ensureefficiencies; create economies of scale; enhance exports and make India an integral part of the globalsupply chain.

  • ACC battery manufacturing represents one of the largest economic opportunities of the twenty-first century for several global growth sectors, such as consumer electronics, electric vehicles, and renewable energy
  • India is expected to have a USD 1 trillion digital economy by 2025. Additionally, the Government’s push for data localization, Internet of Things market in India, projects such as Smart City and Digital India are expected to increase the demand for electronic products.
  • The above will be in addition to the already notified PLI schemes in the following sectors

Sector Wise Product Lines

  Sector   Product Lines
  Advance Chemistry Cell(ACC) BatteryManufacturing   ACC Batteries
  Electronic/TechnologyProducts Semiconductor Fab Display Fab Laptop/ Note books Servers IoT Devices Specified Computer Hardware    
Automobile and Auto Components Automobile and Auto Components
Automobile and Auto Components   Category 1
Bio pharmaceuticals Complex generic drugs Patented drugs or drugs nearing      patent expiry Cell based or gene therapy products Orphan drugs Special empty capsules Complex excipients    
Category 2  
Active Pharma Ingredients (APIs) /Key Starting Intermediaries (Dls)Materials(KSMs) and /Drug   Category 3 Repurposed DrugsAuto-immune drugs, Anti-cancer drugs, Anti diabetic drugs, Anti Infective drugs, Cardiovascular drugs,Psychotropic drugs and Anti-Retroviral drugsIn-vitro Diagnostic Devices (IVDs) Phyto pharmaceuticals Other drugs not manufactured in India Other drugs as approved  
  Telecom Products Core Transmission Equipment 4G/5G, Next Generation Radio Access Network and Wireless Equipment Access & (IoT) Access Devices and Other Wireless Equipment Customer Premises Equipment (CPE), Internet of Things Enterprise equipment: Switches, Router  
  Textiles Man-Made Fiber Segment Technical Textiles  
  Food Processing Ready to Eat / Ready to Cook (RTE/ RTC) Marine Products Fruits & Vegetables Honey Desi Ghee Mozzarella Cheese Organic eggs and poultry meat  
Solar PV manufacturing   Solar PVs
  White Goods   Air conditioners LED    
  Steel Products Coated Steel High Strength Steel Steel Rails All Steel Bars & Rods  
cold chain consultancy

INTEGRATED COLD CHAIN

cold chain consultancy

Objective Of Integrated Cold Chain

The objective of the scheme is to provide integrated cold chain, preservation and value addition infrastructure facilities without any break, from the farm gate to the consumer in order to reduce post-harvest losses of horticulture and non-horticulture agri-produce. This will enable linking groups of producers to processors and market through a well-equipped supply chain and cold chain, thereby ensuring remunerative prices to farmers and year-round availability of food products to consumers – cold chain consultancy

Eligible organizations

Integrated cold chain and value addition infrastructure projects can be set up by Partnership/ Proprietorship Firms, Companies, Corporations, Cooperatives, Self Help Groups (SHGs), Farmer Producer Organizations (FPOs), NGOs, Central/State PSUs, etc. with business interest in cold chain solutions and also by those who manage supply chain.

Eligible facilities for calculation of grant

Assistance under the scheme can be availed for creation of the following facilities:

(a) Integrated Pack-house (with mechanized sorting & grading line/ packing line/ waxing line/ staging cold rooms, etc.)

(b) Ripening Chamber(s)

 (c) Cold Storage Unit(s) [Associated with value addition]

 (d) Controlled Atmosphere (CA) storage [Associated with value addition]

 (e) Frozen Storage/Deep freezers [Associated with value addition]

 (f) IQF line, Tunnel Freezer, Spiral Freezer, Blast Freezer, Plate Freezer

(g) Vacuum Freeze Drying

(h) Milk Chilling / Bulk Milk Cooling/ Automatic Milk Collection Unit/ Milk Processing Unit

(g) Poultry/Meat/Marine/Fishery Processing Unit (j) Packaging line for chilled /frozen/temperature      controlled products (k) Food Irradiation unit (l) Refrigerated/ Insulated transport (m)Pre Cooling Unit(s) (n) Mobile pre-coolers

Components of the Scheme

Farm Level Infrastructure –  which may include processing center, situated in the catchment area of the targeted produce.

Distribution hub – This shall have a modern multi-product, multi-temperature cold storage.

Refrigerated – vans/ refrigerated trucks/ insulated vans/mobile insulated tankers

Pattern of assistance: –

The scheme will have two types of pattern of financial assistance

(a)For storage infrastructure including Pack House and Pre cooling unit, ripening chamber and transport infrastructure, grant-in-aid @ 35% for General Areas and @ 50% for North East States, Himalayan States, Islands & ITDP Areas, of the total cost of plant & machinery and technical civil works will be provided.

(b) For value addition and processing infrastructure including frozen storage/ deep freezers associated and integral to the processing, grant-in-aid @ 50% for General Areas and @ 75% for North East States, Himalayan States, Islands & ITDP Areas, will be provided.

(c) For irradiation facilities grant-in-aid will be provided @ 50% for General Areas and @ 75% for North East States, Himalayan States, Islands & ITDP Areas.

Pattern of release of grant:

The grant-in-aid will be released in three instalments of 25%, 40% and 35% as per following schedule

1 st instalment of 25% of the approved grant under the scheme will be released after ensuring that 25% of the promoter’s contribution & 25% of the term loan have been spent on the eligible project cost and after site inspection conducted to ascertain the commensurate physical progress of the project

2 nd instalment of 40% of the approved grant under the scheme will be released after ensuring the (i) utilization of first instalment of grant released, (ii) 65% of promoter’s contribution & 65% of term loan have been spent on the eligible project cost and (iii) after conduct of site inspection to ascertain commensurate physical progress of the project

3rd and final installment of remaining 35% of the approved grant under the scheme will be released after ensuring the (i) utilization of the second installment of grant released

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Amended TUFS – Technology Upgradation Fund Scheme

Technology Upgradation Fund Scheme (TUFS) is the flagship scheme of the Ministry of Textiles aimed at creating a modern and vibrant textile industry in India. TUFS Scheme was originally introduced in the year 1999 and has evolved over the years as Modified Technology Upgradation Fund Scheme (MTUFS), Restructured Technology Upgradation Fund Scheme (RTUFS), Revised Restructured Technology Upgradataion Fund Scheme (RRTUFS) and finally now as Amended Technology Upgradation Fund Scheme (ATUFS). In this article, we look at the Amended Technology Upgradation Fund Scheme (ATUFS), which was approved by the cabinet in December 2015.

Objective of Amended TUFS Scheme

The objective of the newly introduced Amended TUFS Scheme is:

  • Employment generation and export by encouraging the apparel and garment industry, which will provide employment to women in particular and increase India’s share in global exports.
  • Promotion of Technical Textiles, a sunrise sector, for export and employment.
  • Promoting the conversion of existing looms to better technology looms for improvement in quality and productivity.
  • Encouraging better quality in the processing industry and checking the need for import of fabrics by the garment sector.

The amended TUFS scheme is expected to give a boost to the “Make in India” scheme and attract investment to the tune of one lakh crore rupees and create over 30 lakh jobs.

Subsidy under Amended TUFS Scheme

Under the Amended TUFS scheme, there will be two broad categories:

  1. Apparel, Garment and Technical Textiles, where 15% subsidy would be provided on capital investment, subject to a ceiling of 30 crore rupees for entrepreneurs over a period of five years.
  2. Remaining sub-sectors would be eligible for subsidy at a rate of 10%, subject to a ceiling of Rs.20 crore on similar lines

Eligibility  for capital investment  subsidy

Capital investment subsidy will be available  only to the entities for investment on technology upgradtion in the following segment  

  1. Weaving , weaving preparatory and knitting
  2. Processing of fibres , yarn . fabrics , garment and made ups
  3. Technical textile
  4. Garment / made up manufacturing
  5. Handloom sector
  6. Silk sector
  7. Jute sector

Norms for subsidy

Every individual entity will be entitled for reimbursement of capital investment subsidy (CIS)

Segment Rate of capital investment subsidy
Garmenting technical textiles 15%  subject  to an upper limits of RS 30 crores
Weaving for brand new shuttle less looms processing ,jute, silk and handloom 10% subject to an upper limit of RS 20 crore
Composite unit/ multiple segment if the eligible capital investment in respect of garmenting and technical textile category is more than 50% of the eligible project cost 15% subsidy to an upper limit of Rs 30 crores
Composite  unit/multiple segment –if the eligible capital investment in respect of garmenting and technical textile category  is less than 50% of the eligible project cost 10% subsidy to an upper limit of Rs 20crore

Amended TUFS – Technology Upgradation Fund Scheme Amended TUFS – Technology Upgradation Fund Scheme Amended TUFS – Technology Upgradation Fund Scheme textile sector textile sector

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NATIONAL AYUSH MISSION OPERATIONAL GUIDELINES FOR MEDICINAL PLANTS

Subsidy for medicinal plant – Support cultivation of medicinal plants which is the key to integrity, quality,efficacy and safety of the AYUSH systems of medicines by integrating medicinal plants in the farming systems, offer an option of crop diversification NATIONAL AYUSH MISSION

To promote medicinal plants as a crop alternative to the farmers and through increased coverage of medicinal plants and with linkages for processing, marketing and testing, offer remunerative prices to the growers/farmers

Financial Assistance

The species for which subsidy was provided @ 20% of the cost of cultivation will now be 30% and for those species for which subsidy was provided @ ranging from 50% or 75% of cost norms as admissible during the 11th Plan period will continue to be admissible. However, to offset increase in cost of cultivation on account of inflationary pressure, the basic cost norms for computing the subsidy will be as provided in the 11th Plan for such species, with increase of 10% in the cost norm for every successive year action plan, subject to concurrence of SFC.

In order to further improve the range and scope of the programme to make it more effective and need based for the States, additional species of medicinal plants and aromatic plants with medicinal value can be grouped into 30%, 50% and 75% subsidy support under the scheme

Establishment of Seed / germ plasm Centers and nurseries for Supply of Quality Planting Material:

Cultivation of medicinal plants and eventual returns from such cultivation is largely dependent upon the quality of planting material used. However, as of now, there is no mechanism of providing quality germ plasm or producing quality planting stock on commercial scale.

Model Nurseries

A model nursery should on average have an area of about 4 hectares and would cost Rs. 25 lacs per unit. The model nurseries which would be established under the Public sector / SHGs will be eligible for 100% assistance of a maximum of Rs. 25.00 lakhs per unit. The model nurseries would produce 2 – 3 lakhs plants depending upon the input costs and time required for the plant to be fit for planting.

It would be the responsibility of the nurseries to ensure quality of the planting material. For model nurseries in the private sector the assistance will be 50% of the cost subject to a maximum of Rs. 12.50 lakhs per unit through public sector banks.

Small Nurseries

Small nurseries, covering area of about one hectare, will have infrastructure facilities to hold 60,000 to 70,000 plants. Small nurseries would cost Rs. 6.25 lakhs per unit. The assistance will be tothe extent of 100% of the cost for the Public sector / SHGs and 50% of the costsubject to a ceiling of Rs. 3.125 lakhs for the nurseries in the private sector through public sector banks.

ELIGIBILITY

Nursery

Government Organisation (State Agriculture/Forest/Horticulture Department)/Government R&D institution / SHGs, ICAR, CSIR, ICFRE, DBT, DST institutions,

NGO, Private entrepreneurs, farmers (They would get only 50% of the grant initially on a pilot basis)

For Cultivation;

Growers, farmers, cultivators Growers Associations, Federations, Self Help Groups, Corporate, growers cooperatives.

Cultivation will be assisted only in case of clusters. Each cultivation cluster will have minimum 2 hectare of the land. Each cultivation cluster should be drawn from farmers having lands within a radius of not more than 15 km. Assistance will be available to willing farmers desirous of cultivating medicinal plants on the same land in successive years.

PATTERN OF FINANCIAL ASSISTANCE

For Processing facilities and infrastructural support:

 Financial assistance @ 30% of the project cost subject to a maximum of Rs. 30 lakhs will be admissible for setting up of quality test labs for testing of raw material and value added products in a PPP mode on the basis of an MoU between organization, State Implementation Agency and NMPB, admissible under the flexible component. Additionally, financial assistance for market promotion through the media, participation in exhibitions, trade fairs, developing and hiring of display facilities will be available @ 50% of the project cost limited to Rs. 10 lakhs.

Norms of assistance for nurseries and cultivation

Programme Estimated Cost Admissible Assistance
NURSERY    
Production of planting material    
a) Public sector    
i) Model nursery (4 ha.) Rs. 25 lakhs Maximum of Rs. 25.00 lakhs
ii) Small Nursery (1 ha.) Rs. 6.25 lakhs Maximum of Rs.6.25 lakhs
b) Private Sector (initially on Pilot basis)    
i) Model nursery (4 ha.) Rs. 25 lakhs 50% of the cost limited to Rs. 12.50 lakhs
ii) Nursery (1 ha.) Rs. 6.25 lakhs 50% of the cost limited to Rs. 3.125 lakhs
CULTIVATION    
i) Species that are highly endangered and in high demand by AYUSH industry As per Annexure –II 75% of the cost of cultivation
ii) Species that are endangered and sources of supply are declining As per Annexure –II 50% of the cost of cultivation
iii) Other species in demand by AYUSH industry and for exports As per Annexure –II 30% of the cost of cultivation

subsidy for medicinal plant subsidy for medicinal plant subsidy for medicinal plant NATIONAL AYUSH MISSION NATIONAL AYUSH MISSION NATIONAL AYUSH MISSION

SEZ Policy

Policy regarding Special Economic Zones

The government of Maharashtra has adopted the SEZ policy for developing special economic zones in the state. The SEZs, earmarked as duty-free enclaves,have a relaxed and business friendly policy regime , aimed at promoting rapid industrial development and employment generation  – SEZ consultancy

The approved policy regime includes :

  • Exemption of all state and local taxes and levies for transaction with the SEZ and for supply from domestic traffic areas to the SEZ
  • Exemption from stamp dusty and registration fees
  • Grant for labour and environment related permits and approvals through a dedicated single window mechanism  
  • Permission to generate electricity foe own consumption
  • Expeditious process for land acquisition to set up SEZs

The SEZ policy aims at creating a simple and transparent system and procedures to attract large foreign and domestic investment in infrastructure for SEZ’s in Maharashtra

SEZ policy of Maharashtra provides attractive as follows:

  • Hundred per cent exemption from stamp duty and registration fees
  • Permission for captive power generation
  • Micro, small and medium enterprises policy highlights
  • Government is planning to initiates measures for availability of cheap and timely finance , technology up-gradation , upgradation of skill sets of those employed in MSME enterprises and marketing
  • Setting up of a special institution for the SMEs
  • New small scale industries are eligible for capital subsidy
  • Special capital incentives are offered for setting up small- scale industries in backward units
  • Interest subsidy is also offered to new textile, hosiery and knitwear SSI units

Incentives to promote quality competiveness, research and development and technology up-gradation

Incentives Subsidy (%) Limited to (INR Milion)
Capital equipment 5 2.5
Expenses incurred for quality certification 50 0.10
Cleaner production measures 25 0.50
Expenses incurred for patent registration 50 0.50

SEZ consultancy SEZ consultancy SEZ consultancy

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PATENT ACQUISITION AND COLLABORATIVE RESEARCH AND TECHNOLOGY DEVELOPMENT (PACE)

The Department of Scientific and Industrial Research (DSIR) is continuing to operate the 12th Five Year Plan scheme on “Patent Acquisition and Collaborative Research and Technology Development (PACE)” during 2017-2020.

OBJECTIVES OF THE SCHEME

To support development and demonstration of indigenous product / process technologies, either by industry or by R&D organizations/ academic institutions/ universities aimed at commercialization of new products and processes;

ELIGIBILITY CRITERIA

This scheme shall be open for:

(a) all industries registered in India, having a healthy financial track record or a promising financial health forecast, preferably those having DSIR recognized in-house R&D units; and also for

(b) R&D organizations/ academic institutions/ universities; 07/11/2017 2 ii. The R&D organization / academic institution / university for collaboration with the industry should have the requisite expertise and track record in the proposed area of research. The proposals can be made by industrial units, either on their own or jointly with research/ educational institutions.

If the projects involve collaboration with/assistance from national research/educational institutions, international bodies/companies, individuals, the proposals should clearly highlight the scope of work and responsibilities of each entity participating in the project.MoUs/Agreements between the concerned entities, towards this should be submitted.

The proposals from R&D organizations/ academic institutions/ universities alone, without involving industry partner are supported, only jointly with other Ministries / Departments e.g. under the IMPRINT initiative of Ministry of Human Resource Development (MHRD).

FUNDING MECHANISM

Industries can submit proposals directly to DSIR either on its own or in collaboration with R&D organizations/academic institutions/universities. b. R&D organizations/ academic institutions/ universities can submit proposals, alone through other Ministries/ Departments e.g. through Ministry of Human Resource Development (MHRD) under the IMPRINT initiative.

Funding norms for the above cases shall be as follows

1. Funding R&D projects of industry alone Support up to 50% of the project cost to industry in form of secured loan
2. Funding R&D projects of industry in collaboration with R&D organization/ academic institution/ university Support up to 100% of the project component cost, estimated to be incurred at R&D organization/ academic institution/ university (Public Funded Research Institutions – PFRIs) in the form of grants-in-aid and in accordance with General Financial Rules(GFR)/GOI guidelines, and Support up to 50% of the project component cost, estimated to be incurred at industry in form of secured loan
3. Funding R&D projects of R&D organization/ academic institution/ university alone Support up to 50% of the total project cost in association with other Ministries/ Departments e.g. with Ministry of Human Resource Development (MHRD) under the IMPRINT initiative

Finraja consultancy provides all types of subsidy / grant we ensure that your project get maximum subsidy/grant

research and technology development research and technology development