17. Financing of Commercial Horticulture

Purpose

For the development of hi-tech commercial horticulture, development of modern post-harvest management infrastructure and to promote and market development of fresh horticulture produce

Eligibity

Both production related components and Post Harvest Management/ Primary Processing related components

Loan Amount

Cost of cultivation of the crop + investment cost as approved by National Horticulture Board

Loan Period: 8 years

Security: Crop, Land and the assets created

Subsidy: 20 to 25% of the capital cost of the project depending on the location

18. Financing for construction of Cold Storage- Promoted by National Horticulture Board

Purpose: Term loan for construction of new Cold Storage and modernisation of Cold Storage promoted by National Horticulture Board

Loan Period: 8 years

Loan Amount: 75% of the project cost, disbursed in stages

Security: Land, Building and the Cold Storage

Subsidy: 40 to 55% of the capital cost of the project depending on the area and the capacity of the cold storage