|
Purpose |
To provide need based financial assistance for undertaking Protected Farming of various high qualities commercial horticulture crops viz. Flowers, Vegetables, Fruits, Medicinal Plants, Spices etc. |
|
Activity
|
Construction/erection of Green Houses, Poly Houses, Shade Nets etc., purchase and installation of necessary components and working capital. |
|
Eligibility
|
Farmers, Groups of farmers, SHGs, JLGs, Corporates including farmers’ Producer companies of individual farmer, Partnership firms and Cooperatives of farmers directly engaged in Agricultural and allied activities. |
|
Quantum of Loan
|
Up to 80% of the project cost, maximum Rs5.00 crore. For SHGs and JLGs the maximum loan will be Rs20 lakh and Rs5.00 lakh respectively. |
|
Margin |
Up to Rs 1 lakh : Nil |
|
Rate of Interest |
As applicable to agricultural advance |
|
Repayment Period |
Maximum 7 years including moratorium of 3 to 12 months. |
