| Beneficiaries |
Primary Agricultural Credit Societies (PACS), Marketing Cooperative Societies, Farmer Producers Organizations (FPOs), Farmers, SHGs, JLGs, Multi-Purpose Cooperative Societies, Agri- entrepreneurs, Start-ups, Central/State Agencies or Local Body promoted PPP Projects. |
| Eligible Projects |
The scheme will facilitate setting up and modernization of key elements of the value chain including:
- Post Harvest Management Projects like :
- Supply chain services including e-marketing platforms
- Warehouses
- Silos
- Pack houses
- Assaying units
- Sorting & grading units
- Cold chains
- Logistics facilities (ix)Primaryprocessing centers
- Ripening Chambers
- Cold stores
- Packing units
- Farm residue/ waste management inrastructure
- Viable projects for building community farming assets including :
- Organic inputs production.
- Bio stimulant production units.
- Infrastructure for smart and precision agriculture.
- The following projects for individual beneficiaries as well as Farmers, Communities such as FPOs, PACS, SHGs, JLGs, Cooperatives, National and State Level Federation of Cooperatives, FPOs federations, Federations of SHGs, National and State Level Agencies etc. as these are for the benefit of community.
- Farm/Harvest Automation
- Putting up specialized sensors on field, Blockchain and AI in agriculture etc.
- Compressed Bio gas plant (CBG)
- Nursery, Tissue Culture and Seed Processing
- Custom Hiring Centre- Farm Machineries/implements (Minimum 4 in quantity)
- Standalone solar pumping system (PM-KUSUM Comp-B)
- Solarization of grid connected agri-pump under PMKUSUM Comp –C
- Integrated Spirulina production & processing units
- Sericulture & Honey processing units
- Plant quarantine units
- Only for FPOs, PACS, SHGs, JLGs, Cooperatives, National and State Level Federation of Cooperatives, FPOs federations, Federations of SHGs, National and State Level Agencies etc. as they qualify as community farming assets.
- Hydroponic Farming
- Mushroom Farming
- Vertical farming
- Aeroponicfarming
- Polyhouse/Greenhouse
- Logistic facilities (including non –refrigerated/insulated vehicles)
- Tractors
- Projects identified for providing supply chain infrastructure for clusters of crops including export clusters.
- Projects promoted by Central/State/Local Governments or their agencies under PPP for building community farming assests or post-harvest management projects.
|
| Margin |
Minimum of 10% of the project cost. |
| Quantum and Security |
For loans up to Rs. 2.00 Cr For loans above Rs. 2.00 Cr
- Hypothecation of assets created
- Hypothecation of Assets created out of bank finance. out of our finance.
- Mortgage
- All eligible loans sanctioned landed property with Post under the subject scheme will development security value of have Credit Guarantee Cover minimum 125% of the limit as under CGTMSE for loans up to Rs. perextant guidelines.
- If the 2.00 Cr. The cost for this coverage sanctioning authority feels that will be borne by the Govt there is need for additional.
|
| Interest Subvention |
- 3% interest subvention for all Eligible loans.
- Subvention is restricted up to a limit Rs. 2 Cr for a maximum period of 7 years.
|
| Repayment |
Maximum repayment period up to 7 years (half yearly/ yearly installments) including a moratorium of 6 months to 2 years. Wherever the repayment period is beyond 7 years, as per the requirement of the Project, the benefit of 3% p.a . interest subvention and refund of CGTMSE fees will be available upto a maximum period of 7 years. |
| Convergence |
Any grant or subsidy available under any present or future scheme of Central /State government can be availed for projects under this financing facility, e.g. MIDH, PMFME, SMAM, Gobar-Dhan, PMKSY, AMI, PACS as MSC, RKVY, PM-KUSUM (B &C), PMEGP etc.In cases of
capital subsidy such as amount shall be considered as promoter’s contribution. However, a minimum of 10% of the project cost shall be mandatory as promoter’s contribution. |
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