Capital Investment Subsidy Scheme for Commercial Production Units of Organic Inputs
Sponsored by Government of India
General Features
50% of outlay to be taken as loan from bank.
25% of outlay will be given as back ended subsidy (i.e. adjusted after loan is repaid).
25% of outlay to be brought in as margin money.
Bio-fertiliser units
150 tonnes per annum capacity.
Unit to be completed within 12 months of
sanction of loan
Repayment period is 10 years with 2 years grace
period.
Maximum subsidy allowed is Rs. 20 lakh.
Fruit and vegetable waste compost unit
100 tonnes per day capacity
Unit to be completed within 12 months of
sanction of loan.
Repayment period is 10 years with 2 years
grace period.
Maximum subsidy allowed is Rs.40 lakh
Vermi hatchery unit
150 tonnes per annum capacity
Unit to be completed within 6 months of sanction
of loan
Repayment period is 8 years with 1 year grace
period..
Maximum subsidy allowed is Rs.1.50 lakh.
Eligibility
Individuals, Groups of Farmers/Growers, Proprietary and Partnership firms, Cooperatives, Fertiliser
and Seed Industries, Companies, NGOs and SHGs.
Implementing Institutions
National Centre for Organic Farming will be implementing the Scheme through Commercial Banks,
Regional Rural Banks and Cooperative Banks. Sanction and Release of Subsidy will be through
NABARD and NCDC.
Security norms
The security norms will be prescribed by Reserve Bank of India from time to time.
