The funds for this scheme are contributed by National Bank for Agricultural and Rural Development, National Cooperative Development Corporation and by cooperative banks and cooperative societies.
The main objectives of the scheme include creation of scientific storage capacity with allied facilities in rural areas to meet the requirements of farmers for storing farm produce, processed farm produce and agricultural inputs. Also, promotion of grading, standardization and quality control of agricultural produce to improve their marketability. the scheme also aims at prevention of distress sale immediately after harvest by providing the facility of pledge financing and marketing credit by strengthening agricultural marketing infrastructure in the country.
To avail the scheme, an interested promoter will have to submit a copy of the project proposal for term loan and subsidy to the respective banks on an application form as prescribed by the concerned bank along with project report and other documents for appraisal and sanction of loan.
The main objectives of the scheme include creation of scientific storage capacity with allied facilities in rural areas to meet the requirements of farmers for storing farm produce, processed farm produce and agricultural inputs. Also, promotion of grading, standardization and quality control of agricultural produce to improve their marketability. the scheme also aims at prevention of distress sale immediately after harvest by providing the facility of pledge financing and marketing credit by strengthening agricultural marketing infrastructure in the country.
To avail the scheme, an interested promoter will have to submit a copy of the project proposal for term loan and subsidy to the respective banks on an application form as prescribed by the concerned bank along with project report and other documents for appraisal and sanction of loan.
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