Extension Of Rural Godown Scheme

Extension Of Rural Godown Scheme

A total of 38,964 storage infrastructure projects (Godowns), with storage capacity of 655.48 Lakh MT have been sanctioned across the country under Agricultural Marketing Infrastructure (AMI) scheme. Warehouse Directory New AMI Sub- Scheme of ISAM – Continuation of Scheme . Extension of timelines for Submission of various supervisory returns received by Department of Supervision.- Extension Of Rural Godown NABARD Rural Godown Subsidy Scheme

OBJECTIVES OF THE SUB-SCHEME

Main objectives of scheme include creation of scientific storage capacity with allied facilities in rural areas to meet out various requirements of farmers for storing farm produce, processed farm produce, agricultural inputs, etc., and prevention of distress sale by creating the facility of pledge loan and marketing credit.- NABARD scheme

SUBSIDY PATTERN:

Category Rate of Subsidy (on capital cost) 50- 1000 MT in Rs./MT More than 1000 MT and up to 10,000 (in Rs./MT) Maximum ceiling (Rs. Lakhs)
North Eastern States, Sikkim, UTs of Andaman & Nicobar and Lakshadweep Islands, hilly* areas 33.33% 1333.20 1333.20 133.20
In other Areas
For Registered FPOs, Panchayats, Women, Scheduled Caste (SC)/ Scheduled Tribe (ST) entrepreneurs or their cooperatives**/ Self-help groups 33.33% 1166.55 1000.00 100.00
For all Other categories of beneficiaries 25% 875/- 750/- 75.00

Hilly area is a place at an altitude of more than 1,000 meters above mean sea level

Capital  cost  of  the  project  for  the purpose of subsidy  under the scheme shall be calculated as follows:

  • For godowns up to 1000 tonnes capacity
    • North–Eastern States, hilly areas – Rs 1333.20/- per tonne of storage capacity,  Maximum ceiling is Rs 400 lakhs.
    • For Registered FPOs, Panchayats, Women, Scheduled Caste(SC)/Scheduled Tribe (ST) beneficiaries or their cooperatives/Self-help groups – Rs 1166.55/- per tonne of storage capacity, Maximum ceiling is Rs 300 lakhs.
    • For all Other categories of beneficiaries – Rs 875/- per tonne of storage capacity, Maximum ceiling is Rs 225 lakhs.-Extension Of Rural Godown

For godowns exceeding 1000 tonnes and upto 30000 MT capacity

  • North–Eastern States, hilly areas – Rs 1333.20/- per tonne of storage capacity, Maximum ceiling is Rs 400 lakhs.
  • For Registered FPOs, Panchayats, Women, Scheduled Caste(SC)/Scheduled Tribe (ST) beneficiaries or their cooperatives/Self-help groups – Rs 1000/- per tonne of storage capacity, Maximum ceiling is Rs 300 lakhs.
  • For all Other categories of beneficiaries – Rs 750/- per tonne of storage capacity, Maximum ceiling is Rs 225 lak – NABARD scheme

SUBSIDY CEILING

The total subsidy which can be availed of by a promoter for all  projects in a District since inception of the scheme (erstwhile GBY) up to the end of 2019-20 will be restricted to a maximum capacity ceiling of 10,000 MT

if  promoter intends to have more than one project of different type including storage project in the same District he/ she will be eligible for a maximum subsidy up to Rs.75 lakh or Rs. 133.20 lakh as the case may be.

RELEASE OF FUNDS AND SUBSIDY:

Release of Subsidy by DAC&FW to NABARD :

  • 50% of the annual budget allocation minus the opening balance at the beginning of the financial year available with NABARD will be released to NABARD by DAC&FW in advance.
  • NABARD will release advance subsidy to the FI for keeping the same in a Subsidy Reserve Fund (SRF) account of the concerned borrowers, to be adjusted finally against loan amount. This amount of 50% eligible subsidy would be released by NABARD to the FI on submission of a project profile-cum-claim
  • Remaining 50% of the eligible subsidy amount will be released to the FI by NABARD after an inspection and recommendation

ELIGIBLE BENEFICIARIES:

  1. For creation of storage infrastructure (Capacity 50 – 5000 MTs) and Non- storage infrastructure
  2. For creation of storage infrastructure (Capacity 50 – 10,000 MTs):
  3. For development/upgradation of farmer-consumer market and Rural Haats/RPMs

CAPACITY OF STORAGE INFRASTRUCTURE PROJECTS

  • The capacity of storage infrastructure projects will be calculated @ 1.8 MT per square meter of floor area for projects having average height of 4.5 meter and above. For storage infrastructure having average height less than 4.5 meters, the capacity will be calculated @ 0.4 MT per cubic meter of storage volume

  • The height of the storage infrastructure will be measured from the floor level to the bottom of the truss. In case of storage infrastructure with RCC roof, the height to be considered will be height of the ceiling minus one meter.

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