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Ongoing, First published Sep 22, 2020
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-godownsAll Rights Reserved
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