Salient features of the scheme
Eligible Organizations
The project for construction of rural godowns can be taken up by individuals, farmers, Group of farmers/growers, Partnership/ Proprietary firms, Non-Government Organizations (NGO’s), Self Help Groups (SHGs), Companies, Corporations, Co-operatives, Local Bodies other than Municipal Corporations, Federations, Agricultural Produce Marketing Committees, Marketing Boards and Agro Processing Corporations in the entire country. Assistance for renovation of rural godowns will, however, be restricted to godowns constructed by cooperatives only.
Location
Under the scheme, the entrepreneur will be free to construct godown at any place, as per his/her commercial judgment except for the restriction that it would be outside the limits of Municipal Corporation area. Rural godowns constructed in the Food Parks promoted by the Ministry of Food Processing Industries shall also be eligible under the scheme for assistance.
Size
Capacity of a godown shall be decided by an entrepreneur. However, subsidy under the scheme shall be restricted to a minimum capacity of 100 tonnes and maximum capacity of 10,000 tonnes. No maximum ceiling on subsidy in the case of projects of rural godowns of Cooperatives assisted by NCDC.
Rural godowns of smaller size upto 50 tonnes capacity will also be eligible for subsidy under the scheme as a special case based on viability analysis depending on the topography/special requirement of the State/Region. In hilly areas (where the project site is located at a height of more than 1000 meters above mean sea level), rural godowns of smaller size upto 25 tonnes capacity will also be eligible for subsidy.
Subsidy
33.33% of the capital cost of the project in case of projects located in North – Eastern States, hilly areas and those belonging to Women Farmers/ their self help groups / co-operatives and SC/ST entrepreneurs & their self-help groups/ Co-operatives subject to a maximum ceiling on subsidy of Rs.62.50 lakh. No maximum ceiling on subsidy in the case of cooperatives assisted by NCDC
25% of the capital cost of the project to all categories of farmers (Other than Women Farmers), agriculture graduates, cooperatives and State/ Central Warehousing Corporations subject to a maximum ceiling on subsidy of Rs. 46.87 lakh. No maximum ceiling on subsidy in the case of cooperatives assisted by NCDC
15% of the capital cost of the project to all other categories of individuals, companies & corporations etc., subject to a maximum ceiling on subsidy of Rs. 28.12 lakh
25% of the capital cost of the project for renovation of godowns of cooperatives with assistance from NCDC.
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 – Project cost as appraised by financing Bank or actual cost or Rs 3500/- per tonne of storage capacity, whichever is lower;
For godowns exceeding 1000 tonnes capacity – Project cost as appraised by Bank or actual cost or Rs 3000/- per tonne of storage capacity, whichever is lower. For NE region/hilly areas the normative cost will be Rs 4000 per MT or as appraised by bank / financial institution whichever is lower irrespective of godown capacity. For godowns exceeding 30,000 MT capacity (25,000 MT for NE States, Sikkim and hilly areas) the subsidy would be restricted to that admissible for capacity of 30,000 MT (25,000 MT for NE States, Sikkim and hilly areas) only, excluding the cases of cooperatives. ;
For renovation of godowns by cooperatives with assistance from NCDC - project cost as appraised by Bank / NCDC or actual cost or Rs.750/- per tonne of storage capacity, whichever is lower.
No beneficiary shall draw subsidy for the godown project or any of its component from more than one source.
The capacity of godown shall be calculated @ 0.4 M.T. per cu. mtr.
For further details please contact
Eligible Organizations
The project for construction of rural godowns can be taken up by individuals, farmers, Group of farmers/growers, Partnership/ Proprietary firms, Non-Government Organizations (NGO’s), Self Help Groups (SHGs), Companies, Corporations, Co-operatives, Local Bodies other than Municipal Corporations, Federations, Agricultural Produce Marketing Committees, Marketing Boards and Agro Processing Corporations in the entire country. Assistance for renovation of rural godowns will, however, be restricted to godowns constructed by cooperatives only.
Location
Under the scheme, the entrepreneur will be free to construct godown at any place, as per his/her commercial judgment except for the restriction that it would be outside the limits of Municipal Corporation area. Rural godowns constructed in the Food Parks promoted by the Ministry of Food Processing Industries shall also be eligible under the scheme for assistance.
Size
Capacity of a godown shall be decided by an entrepreneur. However, subsidy under the scheme shall be restricted to a minimum capacity of 100 tonnes and maximum capacity of 10,000 tonnes. No maximum ceiling on subsidy in the case of projects of rural godowns of Cooperatives assisted by NCDC.
Rural godowns of smaller size upto 50 tonnes capacity will also be eligible for subsidy under the scheme as a special case based on viability analysis depending on the topography/special requirement of the State/Region. In hilly areas (where the project site is located at a height of more than 1000 meters above mean sea level), rural godowns of smaller size upto 25 tonnes capacity will also be eligible for subsidy.
Subsidy
33.33% of the capital cost of the project in case of projects located in North – Eastern States, hilly areas and those belonging to Women Farmers/ their self help groups / co-operatives and SC/ST entrepreneurs & their self-help groups/ Co-operatives subject to a maximum ceiling on subsidy of Rs.62.50 lakh. No maximum ceiling on subsidy in the case of cooperatives assisted by NCDC
25% of the capital cost of the project to all categories of farmers (Other than Women Farmers), agriculture graduates, cooperatives and State/ Central Warehousing Corporations subject to a maximum ceiling on subsidy of Rs. 46.87 lakh. No maximum ceiling on subsidy in the case of cooperatives assisted by NCDC
15% of the capital cost of the project to all other categories of individuals, companies & corporations etc., subject to a maximum ceiling on subsidy of Rs. 28.12 lakh
25% of the capital cost of the project for renovation of godowns of cooperatives with assistance from NCDC.
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 – Project cost as appraised by financing Bank or actual cost or Rs 3500/- per tonne of storage capacity, whichever is lower;
For godowns exceeding 1000 tonnes capacity – Project cost as appraised by Bank or actual cost or Rs 3000/- per tonne of storage capacity, whichever is lower. For NE region/hilly areas the normative cost will be Rs 4000 per MT or as appraised by bank / financial institution whichever is lower irrespective of godown capacity. For godowns exceeding 30,000 MT capacity (25,000 MT for NE States, Sikkim and hilly areas) the subsidy would be restricted to that admissible for capacity of 30,000 MT (25,000 MT for NE States, Sikkim and hilly areas) only, excluding the cases of cooperatives. ;
For renovation of godowns by cooperatives with assistance from NCDC - project cost as appraised by Bank / NCDC or actual cost or Rs.750/- per tonne of storage capacity, whichever is lower.
No beneficiary shall draw subsidy for the godown project or any of its component from more than one source.
The capacity of godown shall be calculated @ 0.4 M.T. per cu. mtr.
For further details please contact
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