GOVERNMENT SUBSIDY SCHEME ON RURAL GODOWN OR AGRI-WARE HOUSE

Capital Investment subsidy Scheme for construction/ renovation/ expansion of rural godown 

Nodal Agency: Directorate of Marketing and Inspection

Objectives:

•          Creation of scientific storage capacity with allied facilities in rural areas for storing farm produce, processed farm produce  and agricultural inputs;

•          promotion of grading, standardization and quality control of agricultural produce to improve their marketability;

•          prevention of distress sale immediately after harvest by providing the facility of pledge financing and marketing credit; 

•          strengthen agricultural marketing infrastructure.

Eligibility:

• 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.

•    Assistance for renovation of rural godowns will be restricted to godowns constructed by cooperatives only.

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. 

•   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. 

• 15% of the capital cost of the project to all other categories subject to a maximum ceiling on subsidy of Rs. 28.12 lakh; and

•  25% of the capital cost of the project for renovation of godowns of cooperatives with assistance from NCDC.

Subsidy is back ended.