The PM–KUSUM scheme was launch by the Ministry of New and Renewable Energy (MNRE) to support installation of off-grid solar pumps in rural areas and reduce dependence on grid, in grid-connected areas. … PM kusum Scheme subsidy for solar pump

It entails setting up of 25,750 MW solar capacity by 2022 with a total central financial support of Rs 34,422 crore. PM kusum scheme subsidy for solar pump

Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme was initiat

by Government of India to increase the income of farmers and provide source for irrigation and de-dieselize the farm sector.

PM-Kusum Yojana got its administrative approval in March 2019 and guidelines were frame in July 2019. This scheme was launche by the Ministry of New and Renewable Energy (MNRE) for the installation of solar pumps and other renewable power plants across the nation. This scheme is divide into three components which are discussed further.

Objective of PM Kusum Yojana

Under PM Kusum Yojana, farmers, group of farmers, panchayat, co-operative societies can apply to plant a solar pump. The total cost involved in this scheme is divid into three categories in which the Government will help farmers.

Government will provide a subsidy of 60% to farmers and 30% of the cost will given by Government in form of loans. Farmers will only have to give 10% of the total cost of the project. The electricity generat from the solar panel can be sold by the farmers. The money gained after selling electricity can further used for starting a new business.

Three Components of PM-KUSUM Yojana

Component A

• Under this scheme, workers will setup 10,000 MW of decentraliz renewable energy power plants which are grid connected on barren land
• These grids will be setup by farmers, cooperatives, group of farmers, panchayats, Water User Associations (WUA) and Farmer Producer Organizations (FPO)
• Power projects will be setup within the radius of 5 kms of the sub-station

Component B

• Under this scheme, farmers will be supported to install stand-alone solar agriculture pumps worth of Rs. 17.50 lakh
• The capacity of the pumps will be up to 7.5 HP for replacement of existing diesel agriculture pumps
• The capacity can be higher than 7.5 HP but financial support will only be provided uptil 7.5 HP capacity

Component C

• This scheme is for solarisation of 10 Lakh Grid Connect Agriculture Pumps and individual farmers
• will support to solarize pumps those having grid connect pumps
• Extra solar power will sold to Distribution Companies of India (DISCOMs) at pre-fixed tariff
• Farmer’s irrigation needs shall met by using the generated solar power

Things to Implement

• The first thing to implement is the pilot run of Component A and Component C for capacity 1000 MW and 1 lakh pumps
• After the successful implementation of pilot run of Components A and C, these components will used for greater capacity and pumps
• Based on received demand, capacities have sanctioned to various State Government Agencies
• Under Components A and C, tender or allocation will be
• performed by the implementation agency nominated by the State Governments for respective components

Central Financial Assistance (CFA) / State Government Support:

 Component A: 

For buying the power from farmers or developers, Procurement Based Incentive (PBI) @ 40 paise/kWh or Rs. 6.60 lakh/MW/year, whichever is less, will be provided for the first 5 years by MNRE to Distribution Companies of India (DISCOMs).

 Component B & C:

• Finance Assistance of 30% of the benchmark cost or the tender cost, whichever is lower
• State Government subsidy 30%
• Remaining 40% by the farmer

For farmers living in states, including J&K, Himachal Pradesh, Uttrakhand, North Eastern States, Sikkim, Lakshadweep and Andaman and Nicobar Islands,

Central Finance Assistance of 50%, State Government subsidy 30%, rest 20% by the farmer.

Release of funds

Funds up to 40% of the applicable CFA for the sanctioned quantity would released as advance to the implementing agency only after placement of letter of award(s) to the selected vendors.

The implementing agencies may pass on this fund to the selected vendors in different stages on achievement of various milestones as per terms and conditions of letter of award(s).

Second installment up to 30% of the applicable CFA would release on submission of UCs and SoE for the first release.

The balance eligible CFA along with applicable service charges would released on acceptance of the Project Completion Report in the prescribed format, Utilization Certificates as per GFR and other related documents by the Ministry.

Objective

The Scheme shall be known as the Credit Guarantee Fund Scheme 2022 for Micro and Small Enterprises (CGS-I) [earlier known as Credit Guarantee Fund Scheme for Small Industries (CGFSI)].CGT SME scheme

Subsequent to the enactment of MSMED Act-2006,

the Trust was rename as Credit Guarantee Fund Trust for Micro and Small Enterprises

and scheme as Credit Guarantee Fund Scheme for Micro and Small Enterprises. CGTSME scheme

“Amount in Default” means the principal and interest amount outstanding in the account(s) of

the borrower in respect of term loan and amount of outstanding working capital facilities (including interest),

yes

as on the date of the account becoming NPA, or the date of lodgement of claim application

whichever is lower or such other date as may be specified by

CGTMSE for preferring any claim against the guarantee cover subject to a maximum of amount guaranteed.

• “Collateral security” means the security provided in addition to the primary security, in connection with the credit facility extended by a lending institution to a borrower.
• “Credit facility” means any financial assistance by way of term loan and / or fund based and non-fund based working capital(e.g. Bank Guarantee, Letter of credit etc.) facilities extended by the lending institution to the eligible borrower.

For the purpose of calculation of guarantee fee, the “credit facility extended” shall mean

the amount of financial assistance committed by the lending institution to the borrower, whether disbursed or not. For the purpose of the calculation of Guarantee Fee, the credit facility extend shall mean the credit facilities

(both fund and non-fund based) cover under CGS-I and for which guarantee fee has been paid, as at March 31, of the relevant year.

(iv) “Eligible borrower” means new or existing Micro and Small Enterprises to which credit facility has been provided by

the lending institution without any collateral security and/or third party guarantees.

However, a “Hybrid / Partial Collateral Security” product allowing guarantee cover on credit facilities having collateral security, for the portion of credit facility not cover by collateral security (unsecured portion), has also introduced by CGTMSE.

In the partial collateral security model, the MLIs will allowed to obtain collateral security for a part of the credit facility,

whereas the remaining part of the credit facility, can cover under Credit Guarantee Scheme of CGTMSE.

(v) ‘Guarantee Cover’ means maximum cover available per eligible borrower of the amount in default in respect of the credit facility extended by the lending institution

 (vi) “Lending institution(s)” means a commercial bank for the time being

includ in the second Schedule to the Reserve Bank of India Act, 1934, Regional Rural Banks,

NBFCs and Small Finance Banks as may be specified by the Trust from time to time, or any other institution(s) as may be direct by the Govt. of India from time to time. The Trust may, on review of performance, remove any of the lending institution from the list of eligible institution.

 (vii) “Material date” means the date on which the annual guarantee fee on

the amount covered in respect of eligible borrower becomes payable by the Member lending institution to the Trust

. (viii) “Non-Performing Assets” means an asset classified as a

non-performing based on the instructions and guidelines issued by the Reserve Bank of India from time to time.

 (ix) “Primary security” in respect of a credit facility shall mean the assets created out of the credit facility so extend and/or existing

yes

unencumbered assets which are directly associate with the projector business for which the credit facility has extend

. (x) “Scheme” means the Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGS-I)

(xi) “SIDBI” means the Small Industries Development Bank of India,

established under Small Industries Development Bank of India Act, 1989 (39 of 1989).

 (xii) “Micro and Small Enterprises” As per the MSMED Act, 2006 an “enterprise” means an industrial undertaking or a business concern or any

other establishment, by whatever name called, engaged in the manufacture or production of goods, in any manner, pertaining to any industry specified in

the First Schedule to the Industries (Development and Regulation)

Act, 1951 or engaged in providing or rendering of any service or services; and “Micro and Small Enterprises” .

(xiii) “Tenure of guarantee cover” means the maximum period of guarantee cover from Guarantee sanction date which shall run through the agreed tenure of the term credit and for a period of 5 years or block of a 5 years (for a maximum period of 10 years)

from Guarantee start date where working capital facilities alone are extendeor loan termination date, whichever is earlier or such period as may specified by the Trust

(xiv) “Trust” means the Credit Guarantee Fund Trust for Micro and Small Enterprises set up by Government of India and

SIDBI with the purpose of guaranteeing credit facility(ies), extended by the lending institution(s) to the eligible borrowers.

(xv) “Third Party Guarantee” means any guarantee obtained by a Member Lending Institution in connection with

the credit facility extended by it to a borrower except from Sole-Proprietor in case of Sole Proprietary concern, Partners in case of partnership / limited liability partnership,

Trustees in case of Trust, Karta & Coparceners in case of HUF and promoter directors in 3 case of private/ public limited companies and owner of

the immovable property in case of guarantee under Hybrid / Partial collateral security model.

II . SCOPE AND EXTENT OF THE SCHEME

Guarantees by the Trust

(i) Subject to the other provisions of the Scheme,

the Trust undertakes, in relation to credit facilities extended to an eligible borrower from time to time

by an eligible institution which has entered into the

necessary agreement for this purpose with the Trust, to provide a guarantee on account of the said credit facilities.

 (ii) The Trust reserves the discretion to accept or reject any proposal referred by

the lending institution which otherwise satisfies the norms of the Scheme.

Credit facilities eligible under the Scheme

The Trust shall cover credit facilities (Fund based and/or Non fund based)

extended by Member Lending Institution(s) to a single eligible borrower in the Micro and Small Enterprises sector for credit facility

(i) not exceeding ₹50 lakh (Regional Rural Banks/Financial Institutions)

(ii) not exceeding RS 200 lakh (Scheduled Commercial Banks, select Financial Institutions and Non Banking Financial Companies (NBFCs);

 (iii)not exceeding RS 50 lakh for Small Finance Banks

(SFBs)byway of term loan and/or working capital

facilities on or after entering into an agreement

withthe Trust, without any collateral security and/or third

party guarantees or such amount as may decide by the Trust from time to time.

CGTMSE had also introduce a new “Hybrid Security”

product where the MLIs will allowed to obtain collateral security for a part of the credit facility,

whereas the remaining unsecure part of the credit facility, upto a maximum of ₹200 lakh, can be cover under CGS-I.

CGTMSE will, however, have pari-passu charge on

the primary security as well as on the collateral security provided by the borrower for the credit facilities extended.

Under the hybrid security product, there is no requirement

4 for MLIs to create security / charge in favor of CGTMSE by way of legal documentation

ming

National livestock Mission Scheme 2021-22 – EDEG Component :- Nabard will be implementing agency under entrepreneurship development and employment generation component of national live stock mission government subsidy for Poultry farm

This include the sub-component are as below

Poultry venture   capital fund, integrated development of small ruminants and rabbit , Pig development , salvaging of male buffalo calves , effective animal waste management and construction of storage facilities for feed and fodder – National livestock Mission – EDEG Component

Release of subsidy

The subsidy will be released subject to availability of the category wise fund allocate to the state – NABARD

Beneficiaries

• Farmer
• Individual entrepreneurs
• coorporative
• NGOs
• Companies
• Group of organized and unorganized sectors
• Self help group and
• Joint liabilities groups

Eligible financial institutes

• Commercial bank
• Urban bank
• State corporative banks
• State corporative agriculture and rural development banks
• Others institutions

Indicative subsidy ceiling under the component of entrepreneur’s development and employment generation – NABARD

Components	Ceiling of  subsidy
Breeding farms and birds of alternate spices like turkey , ducks , Japanese  quails  guinea fowl geese	At 25%  level subsidy ceiling Rs . 7.50 lakh varies depending on the species and unit size
Central growing unit – upto 16000 layers chicks per batch	At 25% level subsidy ceiling Rs . 10 lakh for a unit of 16000 layer chicks per batch minimum 3 unit size – 16000 layer chicks per batch
Hybrid layer units – upto 20000 layer	At 25% level subsidy – subsidy ceiling Rs 2 lakh for 2000   layer unit – varies with size . minimum unit size – 2000 layer
Hybrid broiler unit – upto 20000 birds   can be weekly , fortnightly  monthly  all in  all out batches . bird strength at any point of time  should not exceed 20000 birds	At 25% level of subsidy – subsidy ceiling Rs . 0.56 lakh varies with size. Minimum unit size -1000 broilers
Rearing of pouty like low- inputs technology variety of chicken and other alternatives species like turkey , ducks , japans and quails , guinea fowl and gees	At 25% level subsidy – subsidy ceiling Rs. 5 lakh varies with the species and unit size
Feed  mixing unit -1.0  tone per hours , dieses investigation lab	At 25% level subsidy – subsidy ceiling   Rs . 4 lakh
Transport vehicles	At 25% level subsidy – subsidy ceiling Rs. 2 lakh
Transport vehicle – refrigerators	At 25%  level subsidy – subsidy ceiling Rs.3.75 lakh
Retail outlet	At 25%  level subsidy – subsidy ceiling Rs.2.50 lakh
Retail outlet- marketing unit	At 25%  level subsidy – subsidy ceiling Rs.3.75 lakh
Mobile marketing unit	At 25%  level subsidy – subsidy ceiling Rs.2.50 lakh
Cold storage for poultry  products	At 25%  level subsidy – subsidy ceiling Rs.5 lakh
Egg/broiler  carts	At 25%  level subsidy – subsidy ceiling Rs.3750 lakh

Sub-component – effective animal waste management

Building	At 25% level subsidy – subsidy ceiling Rs. 25 lakh
Plant and machinery	At 25% level subsidy – subsidy ceiling Rs. 25 lakh
Utility equipment	At 25% level subsidy – subsidy ceiling Rs. 15 lakh
Pre operative –expenses	At 25% level subsidy – subsidy ceiling Rs. 5 lakh
Working capital margin	At 25% level subsidy – subsidy ceiling Rs. 5 lakh

Sub – component – constructio0n of storage facility for feed and fodder

Storage structure for feed/fodder	At 25% level subsidy – subsidy ceiling Rs. 125 lakh
Equipment for handling feed/fodder	At 25% level subsidy – subsidy ceiling Rs. 25 lakh

National livestock Mission – EDEG Component :- Nabard will be implementing agency under entrepreneurship development and employment generation component of national live stock mission government subsidy for Poultry

This include the sub-component are as below

Poultry venture   capital fund, integrated development of small ruminants and rabbit , Pig development , salvaging of male buffalo calves , effective animal waste management and construction of storage facilities for feed and fodder – National livestock Mission – EDEG Component

Release of subsidy

The subsidy will be released subject to availability of the category wise fund allocate to the state – NABARD

Beneficiaries

• Farmer
• Individual entrepreneurs
• coorporative
• NGOs
• Companies
• Group of organized and unorganized sectors
• Self help group and
• Joint liabilities groups

Eligible financial institutes

• Commercial bank
• Urban bank
• State corporative banks
• State corporative agriculture and rural development banks
• Others institutions

Indicative subsidy ceiling under the component of entrepreneur’s development and employment generation – NABARD

Components	Ceiling of  subsidy
Breeding farms and birds of alternate spices like turkey , ducks , Japanese  quails  guinea fowl geese	At 25%  level subsidy ceiling Rs . 7.50 lakh varies depending on the species and unit size
Central growing unit – upto 16000 layers chicks per batch	At 25% level subsidy ceiling Rs . 10 lakh for a unit of 16000 layer chicks per batch minimum 3 unit size – 16000 layer chicks per batch
Hybrid layer units – upto 20000 layer	At 25% level subsidy – subsidy ceiling Rs 2 lakh for 2000   layer unit – varies with size . minimum unit size – 2000 layer
Hybrid broiler unit – upto 20000 birds   can be weekly , fortnightly  monthly  all in  all out batches . bird strength at any point of time  should not exceed 20000 birds	At 25% level of subsidy – subsidy ceiling Rs . 0.56 lakh varies with size. Minimum unit size -1000 broilers
Rearing of pouty like low- inputs technology variety of chicken and other alternatives species like turkey , ducks , japans and quails , guinea fowl and gees	At 25% level subsidy – subsidy ceiling Rs. 5 lakh varies with the species and unit size
Feed  mixing unit -1.0  tone per hours , dieses investigation lab	At 25% level subsidy – subsidy ceiling   Rs . 4 lakh
Transport vehicles	At 25% level subsidy – subsidy ceiling Rs. 2 lakh
Transport vehicle – refrigerators	At 25%  level subsidy – subsidy ceiling Rs.3.75 lakh
Retail outlet	At 25%  level subsidy – subsidy ceiling Rs.2.50 lakh
Retail outlet- marketing unit	At 25%  level subsidy – subsidy ceiling Rs.3.75 lakh
Mobile marketing unit	At 25%  level subsidy – subsidy ceiling Rs.2.50 lakh
Cold storage for poultry  products	At 25%  level subsidy – subsidy ceiling Rs.5 lakh
Egg/broiler  carts	At 25%  level subsidy – subsidy ceiling Rs.3750 lakh

Sub-component – effective animal waste management

Building	At 25% level subsidy – subsidy ceiling Rs. 25 lakh
Plant and machinery	At 25% level subsidy – subsidy ceiling Rs. 25 lakh
Utility equipment	At 25% level subsidy – subsidy ceiling Rs. 15 lakh
Pre operative –expenses	At 25% level subsidy – subsidy ceiling Rs. 5 lakh
Working capital margin	At 25% level subsidy – subsidy ceiling Rs. 5 lakh

Sub – component – constructio0n of storage facility for feed and fodder

Storage structure for feed/fodder	At 25% level subsidy – subsidy ceiling Rs. 125 lakh
Equipment for handling feed/fodder	At 25% level subsidy – subsidy ceiling Rs. 25 lakh

The objectives of the Scheme are as follows:

i. To organize the traditional industries and artisans into clusters to make them competitive and provide support for their long term sustainability and economy of scale; Scheme of Fund for Regeneration of Traditional Industries SFURTI Scheme For Cluster

ii. To provide sustained employment for traditional industry artisans and rural entrepreneurs

Project Interventions

Soft Interventions

Soft Interventions under the project would consist of activities just as

i. General awareness, counselling, motivation and trust building;

ii. Skill development and capacity building for the entire value chain different skills need to be  imparted;

iii. Institution development;

iv. Exposure visits;

v. Market promotion initiatives;

vi. Design and product development;

vii. Participation in seminars, workshops and training programmes on technology up-gradation, etc.

Hard Interventions

Hard interventions will also include creation of following provision:

i. Multiple facilities for several products and packaging wherever needed;

ii. Common facility centres (CFCs);

iii. Raw material banks (RMBs);

iv. Up-gradation of production infrastructure;

v. Tools and technological up-gradation just as charkha up-gradation, tool-kit distribution, etc.

vi. Warehousing facility;

vii. Training centre;

viii. Value addition and processing centre/multi-products.

Thematic interventions

In addition to the above mentioned hard and soft components , the scheme will also support cross-cutting thematic interventions at

the sector level including several clusters in the same with emphasis on both domestic and international markets. These will primarily include namely

i. Brand building and promotion campaign;

ii. New media marketing;

iii. e-Commerce initiatives;

iv. Innovation;

v. Research & development initiatives; and

vi. Developing institutional linkages with the existing & proposed clusters

Financial Assistance

The cost of project shall include hard interventions and soft interventions . The project value also include the cost of services of a professional TA and costs incurredto the IA for engaging a competent CDE and other administrative expenses incurred by the TA.

 The financial assistance provided for any specific project shall be subject to a maximum of Rs.5 (Five) crore.

Type of clusters	Per Cluster Budget Limit
Regular Clusters (upto 500 artisans)	Rs.2.50 crore
Major Clusters (more than 500 artisans)	Rs.5.00 crore

The funding pattern under the Scheme will be as under:

Project Intervention	Scheme Funding	Financial Limit	IA Share
Cluster Interventions	Maximum Rs.5 crore per project (A+B+C)
Soft Interventions including skill trainings, capacity building, design development	100%	10% of the amount of Hard Intervention (HI) or Rs. 25 lakh, whichever is less	Nil
Hard Interventions (HI) including CFCs, RMBs, training centres, etc.	90%		10% of Hard Intervention as own contribution in cash.
Cost of TA	100%	8% of the amount of Hard Intervention (HI) or Rs. 30 lakh, whichever is less.	Nil
Cost of IA/SPV including CDE	100%	8% of the amount of Hard Intervention (HI) or Rs. 20 lakh, whichever is less	Nil

Objectives

1. Address the concerns of horticulture value chains in an integrated manner to accelerate competitiveness in the domestic and export markets. subsidy for cluster development
2. Reduce harvest and post-harvest losses by developing/expanding/upgrading the infrastructure for post-harvest handling of produce, value addition and market linkages.
3. Facilitate introduction of innovative technologies and practices that will help to enhance the global competitiveness of focus cluster crops.
4. Facilitate the dovetailing of resources, including the convergence of various government schemes, to entrench stakeholders in the global value chains
5. Build capacity of stakeholders and enhance farmers’ income through cluster-specific interventions including brand promotion. Horticulture Cluster Development Programme

Key Features

Pre-production and Production

Support capacity-building of farmers and farm proximate interventions covering crop lifecycle, including planting material, cropcare practices and farm mechanisation until the harvest of the crop.

Post-harvest Management and Value Addition

Support interventions at the cluster level, ranging from post-harvest handling of the produce during transportation to storage, value addition and packaging

Logistics, Marketing and Branding

Support interventions to link cluster produce with consumption markets and seamless logistics for efficient evacuation, cluster branding and outreach in the domestic and export markets.

Coverage and Pattern of Assistance

The clusters have been classified into Mega, Midi, and Mini clusters based on the area coverage. The pattern of assistance for each clusters is proposed to be as under:

Cluster Category	Parameter Area* of cluster in Hectares	Amount of financial assistance admissible per cluster (INR in crore)
Mega	More than 15,000	Up to 100
Midi	5,000-15,000	Up to 50
Mini	Up to 5,000	Up to 25

Eligible Components

1. Pre-production and production

Formation and promotion of FPOs

• Capacity-building of Farmers/FPOs and Awareness campaigns/exposure visits
• Hi-tech nurseries and tissue culture labs and Quality control labs
• Procurement/import and distribution of quality planting material and Adoption and dissemination of Good Agricultural Practices
• Promotion of crop-care practices, including Maximum Residue Levels (MRL), INM and IPM practices
• Micro-irrigation, farm mechanisation and advanced farming techniques like such as precision farming, high-density plantation, and usage of drones etc.
• Adoption of new technologies and advanced farm machinery to enhance efficiency
• Real-time market intelligence, IT/digital innovations, IoT infrastructure, traceability block chains, remote sensing, weather station and farm management software, etc.
• evelopment and dissemination of IEC material
• Technical assistance from various national and international organisations/universities/other institutes
• Any other activity/components required within the vertical for holistic cluster development

Post-harvest management and Value

• • Establishment/expansion/modernisation of cluster-level such as including collection centres, reefer vans, integrated/pack-house, ripening chambers, pre-cooling units, cold rooms, primary processing and value addition
• Cold storage infrastructure including multi/temperature-controlled atmosphere cold storages and other related utilities
• Packaging standards and other ancillary facilities required for post-harvest handling of produce
• Other utilities/ancillaries and material handling equipment related to the project
• Any other activity/components required within the vertical for holistic cluster development

Logistics, marketing and branding

• Development of transport, cold chain and other logistic infrastructure from farm gate to the domestic market and up to the exit point for export markets
• Appropriate packing, storage and material handling infrastructure to promote the use of alternative multi-modal means for seamless transport, leveraging dedicated freight corridors, Krishi Udan, Kisan Rail, inland waterways, etc.
• Establishment of market linkages in identified domestic and export markets
• Develop and promote distinct ‘cluster brand’ for identified clusters on common agreed values, such as nutritional and nutraceutical values of variety, Good Agricultural Practices (GAP), food safety and environmental sustainability, among others
• Leverage e-commerce platforms and digital marketing to bring efficiency and use them as added modes of market outreach
• Facilitate the development of sea protocols for long-distance transportation
• GI registration, marketing campaigns (print/electronic), roadshows/buyer-seller meet, and product sampling in target markets
• Collation and dissemination of market intelligence with inputs on real-time market needs, including export protocols
• Other utilities/ancillaries and material handling equipment related to the project
• Any other activity/components required within the vertical for holistic cluster development

Objective of Development of Solar Parks and Ultra Mega Solar Power Projects

Solar power projects set up anywhere in the country, however the scattering of solar power projects leads to higher project cost per MW and higher transmission losses. Individual projects of smaller capacity incur significant expenses in site development, drawing separate transmission lines to nearest substation, procuring water and in creation of other necessary infrastructure.

It also takes a long time for project developers to acquire land, get change of land use and various permissions, etc.

which delays the project. To overcome these challenges, the scheme for “Development of Solar Parks and Ultra-Mega Solar Power Projects” was roll out in December,

2014 with an objective to facilitate the solar project developers to set up projects in a plug and play model. Development of Solar Parks and Ultra Mega Solar Power Projects

Salient Features

• The scheme for “Development of Solar Parks and Ultra Mega Solar Power Projects” was roll out Ministry of New & Renewable Energy on 12-12-2014. Under
• this scheme, it was proposed to set up at least 25 Solar Parks and Ultra Mega Solar Power Projects targeting over 20,000 MW of solar power installed capacity within a span of
• 5 years starting from 2014-15.
• The capacity of the Scheme has enhanced from 20,000 MW to 40,000 MW vide this Ministry’s order dated 21-03-2017. These parks are propos to set up by 2021-22.
• The scheme envisages supporting the States/UTs in setting up solar parks at various locations in
• the country with a view to create required infrastructure for setting up of solar power projects. The solar parks provide suitable developed land with all clearances, transmission system, water access, road connectivity, communication network, etc.
• The scheme facilitates and speed up installation of grid connected solar power projects for electricity generation on a large scale.
• All the States and Union Territories are eligible for getting benefit under the scheme.
• The capacity of the solar parks shall be 500 MW and above. However, smaller parks are also considered where contiguous land difficult to acquire in view of difficult terrain and where there is acute shortage of non-agricultural land.
• The solar parks are develop in collaboration with the State Governments and their agencies, CPSUs, and private entrepreneurs. The implementing agency is termed as Solar Power Park Developer (SPPD). There are 7 modes for selection of SPPDs.

CFA Pattern:

• Under the scheme, the Ministry provides Central Financial Assistance (CFA) of up to Rs. 25 lakh per solar park for preparation of Detailed Project Report (DPR). Beside this,
• CFA of up to Rs. 20.00 lakh per MW or 30% of the project cost, including Grid-connectivity cost, whichever is lower, is also provided on achieving
• the milestones prescribed in the scheme.

• the CFA of Rs. 20 Lakh /MW is apportionon 60:40 basis towards development of internal infrastructure of solar park to the SPPD and for development of external transmission system to Central Transmission Utility (CTU)/ State Transmission Utility (STU) respectively

• i.e. Rs. 12 lakh per MW or 30% of the project cost whichever is lower is provided to the SPPDs towards development of internal infrastructures
• if the solar parks and Rs. 8 lakh per MW or 30% of the project cost whichever is lower is provided to the CTU or STU as the case may be towards development of external transmission system.

The Scheme

(i) A Central Sector Scheme for Assistance to Pharmaceutical Industry for Common Facilities.

(ii) The Scheme would implemented in a Public Private Partnership (PPP) mode through one time grant-in-aid to be released in various phases for creation of identified infrastructure and common facilities to a Special Purpose Vehicles (SPVs) set up for the purpose.

(iii) The various aspects and outcomes of the Scheme will reviewed after two years from the date of its initiation. Subsidy For Pharma Industry

Objective

(i) Strengthening the existing infrastructure facilities in order to make Indian Pharma Industry a global leader in Pharma Sector.

 (ii) Easy access to standard testing facilities and value addition in the domestic Pharma Industry

especially to SMEs through creation of common world class facilities for increased competitiveness.

(iii) To help industry meet the requirements of standards of environment at a reduced cost

through innovative methods of common Waste Management System.

 (iv) Exploit the benefits arising due to optimization of resources and economies of scale.

Common Facilities Common

Facilities under the Sub-Scheme will consist of creation of tangible “assets” as Common Facility Centers (CFCs). Some of the indicative activities under the Common Facilities are:-

(i) Common Testing Centres

 (ii) Training Centres

 (iii) R&D Centres

 (iv) Effluent Treatment Plants

(v) Common Logistics Centres The above list of common facilities is illustrative and each cluster could have its own specific requirement based on the nature of units being set up and the products proposed to manufactured.

The Scheme Steering Committee (SSC) shall approve the project components and funding thereof depending upon the merits of the proposal.

Salient Features of the Scheme

(i) The land and building for CFC shall be provided by SPV concerned as per cost indicated in

the detailed project report.

In case the SPV provides an existing land and building, the cost of the same will decided on the basis of valuation report prepared by an approved agency of Central/State Government Departments/Financial Institutions (FIs)/Public Sector Banks and the cost of land and building may taken towards contribution for the project.

Though the land and building is included in the total project cost, however, the Grant-in-Aid from GoI will not utilized for these components.

 (ii) Escalation in the cost of project over and above the sanctioned amount,

due to any reason will be borne by the SPV.

The Central Government shall not accept any financial liability arising out of operation of any CFC.

 (iii) The Grant-in-Aid shall not be available to any individual production units, if any,

owned by a member of the SPV.

 (iv) The CFC utilized by the SPV members and also by other pharma units on ‘user charges’ basis to decided by the SPV.

(v) User charges for services of CFC shall be on differential rate basis, lower fee for small units and higher fee for medium ones.

However, the user charges will graded in such a manner that average charges will be lesser than prevailing market prices, as decided by the Governing Council of the SPV.

The SPV members would given reasonable preference in user charges.

(vi) An MoU shall entered into among the GOI, the State Government concerned and the SPV for CFC projects

Financial Assistance

Maximum limit for the grant in aid under this category would be Rs 20.00 crore per cluster or 70% of the cost of project whichever is less.

The cost of project includes cost of land, building, administrative and management support expenses including the salary of CEO, engineers,

other experts and staff during the project implementation period, preliminary expenses, machinery & equipment, miscellaneous fixed assets and

other support infrastructure such as water supply, electricity and margin money for working capital.

Grant-in-Aid from GoI will not utilized towards land and building components of the project

Assistance for Administrative and other management support of SPV during

the project implementation period shall not exceed 5 % of the Grant-in-aid