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4. Scheme for Development of Commercial Horticulture under National Horticulture Board
Unit Cost:
Unit cost will depend on the type of activity/investment, size of operation and type of technology & equipments. However, the same is indicative and loans will be extended as per actual cost after ensuring that the cost estimates submitted by the borrowers are reasonable.
Production related activities eligible for funding under the scheme:
- High quality commercial horticulture crops.
- Indigenous crops/produce, herbs.
- Aromatic plants.
- See & Nursery.
- Bio-technology & Tissue culture.
- Bio pesticides.
- Organic Foods.
- Establishment of Horti-Health clinics/laboratory.
- Consultancy services.
- Bee-keeping.
PHM/Primary Processing related activities eligible for funding under the scheme:
- Grading/ Packing/ Washing/ Waxing/ Sorting/ Drying centres.
- Pre-cooling units/ Cool Stores.
- Reefer Van/ Containers (With multi-chamber, multi-product facility).
- Specialized Transport Vehicles.
- Retail outlets.
- Auction platform.
- Ripening curing chambers.
- Market yards/rope ways.
- Radiation Unit/ Dehydration Unit/ Vapour Heat Treatment Unit.
- Primary processing of products fermentation, extraction, distillation, Juice vending pulping, dressing cutting, chopping etc.
- Horticulture ancillary industry e.g. tools, equipment, plastics, packaging, etc.
- Plastic crates, Cartoons, Baskets, Aseptic Packaging & Nets.
Pattern of Subsidy Assistance from NHB:
- Back ended capital investment subsidy @ not exceeding 20 % of total project cost with a maximum ceiling of Rs. 30 lakh per project in North-Eastern / Tribal / Hilly Areas.
- Back ended capital investment subsidy @ not exceeding 20 % of total project cost with a maximum ceiling of Rs. 25 lakh per project in other areas.
- Cost of land shall not exceed 10% of the project cost, if purchased.
Source:
http://www.syndicatebank.in
http://www.syndicatebank.in/scripts/AgriculturalLoans.aspx
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