Objectives

• To provide adequate and need based financial assistance for commercial cultivation of Flowers

Eligibility

• All individuals/entities having registration with Dept of Floriculture.
•  Applicant/s should have at least 1 Kanal of cultivable land (on which the green house is to be constructed), either in his/their own name or on lease hold basis (with mortgage rights) for availing loans for construction & operation of upto 2 green houses and at least 2 Kanals for 3 green houses. In case of Gladiolus cultivation the applicant/s should have at least 4 kanals of land either owned in his/their own name or on lease basis with mortgage rights.
• In case the land belongs to parents/spouse, then they shall be involved as co-borrowers.
• Applicant must have know-how of floriculture. He must either have a Degree/Diploma in Agriculture from a recognized institution, or he must have undergone training from the Floriculture Department or some other recognized institution like E DI.
• Applicants having a track record of over 3 years experience in production and sales of flowers shall also be eligible .They shall be exempt from the educational/ training criteria.
• Finance for more than one Green house or for cultivation of Gladiolus on more than 4 Kanals of land shall be provided only to the floriculturists having a sound track record of at least 4 years.
• Age of applicants should be between 18 to 65 years.
• Applicant must be a State Subject.

Maximum finance:

This amount has been calculated for 1 Green house in case of flowers grown in Green houses, and for 4 Kanals of land in case of Gladiolus which is grown in open fields. The cost of Green house has been calculated for a standard size of 80 x 20 ft.; for different sizes the cost should be calculated on pro rata basis. Similarly, a common Green house has been used for calculating the finance amount. In case, the borrower wants finance for hi-tech ones, the cost amount over and above the one used for common green house has to be contributed by the borrower.

Maximum finance for upto 3 Green houses can be provided, subject to a maximum of Rs.15 lacs. In case of Gladiolus the maximum finance shall be for 12 kanals of land holding subject to the ceiling of Rs 15 lacs. Proposals for higher finance shall be treated as project finance and subjected to normal assessment as is done in case of other cases in that category.