Rural Godown / warehouse subsidy

Agriculture is the primary source of livelihood for about 58 per cent of India's population. India was the ninth largest exporter of agricultural products in 2017. In 2018-19, Government of India is targeting foodgrain production of 285.2 million tonnes. In order to safeguard the Agriculture produce there is a huge requirement of developing infrastructure in terms of Godowns, Market Yards, Cold Storage facilities and Food processing. This provides two-pronged benefit of safeguarding the excess Agriculture produce and providing good prices for the farmer consistently. As a part of achieving these benefits NABARD has introduced Agri Marketing Infrastructure (AMI) Scheme to encourage companies to setup storage rural go-downs. Following is the snapshot of the scheme.
Rural Godown Subsidy Scheme Overview
Validity : 22.10.2018 to 31.03.2021
Channelising / Nodal Agency : NABARD
Pattern of Assistance and its ceiling
North East, Hilly areas, Andaman & Nicobar Islands and Lakshadweep :
• 33% of Capital Cost, Max cap of Rs.66.66 Lakhs
• Subsidy Ceiling : (For 50-5000 MT in Rs. Per MT @ 1333.20/-)
SC / ST / FPO's / Women Entrepreneur / Panchayats, Self-help groups :
• 33% of Capital Cost, Max cap of Rs. 50 Lakhs
• Subsidy Ceiling : (For 50-1000 MT in Rs. Per MT @ Rs. 1166.55/-) (For 1000-5000 MT in Rs. Per MT @ Rs. 1000.00/-)
All other Categories of Beneficiaries (General and others) :
• 25% of Capital Cost, Max cap of Rs. 37.5 Lakhs
• Subsidy Ceiling : (For 50-1000 MT in Rs. Per MT @ 875/-) (For 1000-5000 MT in Rs. Per MT @ 750/-)
https://www.kireeticonsultants.com/rural-godowns