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AFC provides subsidy assistance for Hitech Agro Projects.Susbsidy Assistance from NABARD / NHB / MOFPI / NHM..etc..
NABARD NABARD is set up as an apex Development Bank with a mandate for facilitating credit flow for promotion and development of agriculture, small-scale industries, cottage and village industries, handicrafts and other rural crafts. Major Activities of NABARD are,refinancing banks for extending loans for investment and production purpose in rural areas, Providing loans to State Government/Non Government Organizations (NGOs)/Panchayati Raj Institutions (PRIs) for developing rural infrastructure. NHM Farmers are entitled to subsidies under NHM.The NHM has contributed significantly to GDP in agriculture (28.5 per cent from 8.5 per cent area). The objective of the National Horticulture Mission is to double the horticulture production, i.e. to achieve a production of 300 million tonnes by 2011-12. NHM Provide finanical assistance for all crops.Financial Assistance will be available for creating water resources, area expansion activity, setting up anursery to produce quality planting material..etc.. NHB To Develop high quality horticulture farms, NHB assists R&D programmes to produce products suited for specific varieties with improved methods and horticulture technology. To assist farmers, Exporters, dealers, research organisation etc.,The Subsidy would flow from NHB and operated by NABARD, through commercial/cooperative banks, and by NCDC where cooperatives seek loan from NCDC Wherever term loans are not raised from institutional sources and the promoters fund Projects entirely through internal resource generation, NHB would provide subsidy directly MOFPI MOFPI Providing assistance under various Plan Schemes to food processing industries. Assistance for setting up analytical and testing laboratories, active participation in the laying down of food standards and their harmonization with international standards. Want to Enquire about Subsidy Assistance ? | |
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