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Committed to rural prosperity

CAPITAL INVESTMENT SUBSIDY SCHEME FORCONSTRUCTION/ RENOVATION OF

RURAL GODOWNS

NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT

Regional Office, PATNA

25 February 2012

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Grameen Bhandaran Yojana

Scheme effective from 01.04.2001; continues during XI FYP

Scheme guidelines revised w.e.f 26.06.2008

To promote private and cooperative sector investment in

creating storage infrastructure in rural areas for raw and

processed farm produce and agricultural inputs

To provide facility for pledge financing and marketing credit

Strengthen agricultural marketing infrastructure through

introduction of National System of Warehouse receiptsWarehousing (Development & Regulation Act).

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Grameen Bhandaran Yojana Salient Features

i. Godowns to be constructed outside Municipalcorporation area

ii. Godowns of capacity 100 MT to 10000 MT will be

eligible

iii. For godowns beyond 10000 MT, subsidy would be

limited to 10000MT

iv. Small size godowns upto 50 MT to be considered as

special case based on viability analysis andtopographical requirement of the area

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Grameen Bhandaran Yojana Salient Features contd..

i. Should be structurally sound with ventilation and waterproofing

ii. Protection from rodents, birds, etc

iii. Should have easy approach, internal roads, drainage, etciv. Technical specifications relating to NWRS are yet to be

finalised by GoI

v. Sanction in any state cannot exceed 20% (18 Lakh MT) of

total capacity targeted for XI FYP (90 lakh MT)

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Documents to be submitted by bank

along with the Advance subsidy claim

1. Project report.

2. Land document.

3. Loan sanction letter.

4. Brief coverage on technical feasibility and financial

viability.

5. Proof of category.

6. Affidavit of the beneficiary.

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Documents to be submitted by bank

along with the final subsidy claim

1. Copy of JIC Report.

2. Compliance report from bank, if any.

3. Completion certificate signed by promoter and verified

by JIC.

4. Proof of category.

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Women farmers, SC/ST entrepreuners and their SHGs and

cooperatives : 33.33% (Max. ceiling : Rs.62.50 lakh)

All categories of farmers, agrl. graduates, cooperatives, CWC and

SWC : 25% (Max. ceiling : Rs.46.87 lakh)

All categories of individuals, companies, corporations, etc. : 15%

(Max ceiling : Rs.28.12 lakh)

Project cost for godowns 1000 MT : Rs.1875/MT

Project cost for renovation of godowns (by NCDC) : Rs.625/MT

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Min. Bank loan : 46.67% and margin

20% in case of subsidy rateof 33.33%

Min. Bank loan : 50% and margin 25% in case of subsidy rate of

25%

Cost of allied structures that are functionally required forgodown operation could be included

Min. bank loan to exclude subsidy component

Repayment period 5 years incl. 1 year grace

Max. period for completion of project 15 months+6months grace

Lock in period 5 years

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Pledge loan available (as per RBI guidelines) upto 75% of value ofstored produce from banks

Loans for Rural Godowns are classified as Indirect finance toAgriculture under priority sector

For farmer category, major source of income should be fromagriculture

Documentary proof should be taken IT returns or affidavit

More than one godown promoted by the same borrower is eligible for

subsidy. But, in each location the capacity eligible for subsidy isrestricted to 10000 MT

Godowns should be located in different survey nos. and have allrequired amenities

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For partnership/co-ownership to be treated undercategory of women farmers, 50% and more ownership ofwomen members is required

Proper documentary proof should be obtained forcategories eligible for higher rate of subsidy

Joint Monitoring visits should be done and signed by allparties on the spot; corrections should be authenticatedby all the members

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Grameen Bhandaran Yojana Progress (31.3.11)

State/ROs participated : 25

Nos of Schemes : 19715

Capacity Created : 244.37 lakh MT

TFO : Rs.4349.37 crore

Bak Loan : Rs.2915.91 crore

Subsidy released : Rs.649.83 crore

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Grameen Bhandaran Yojana Likely Changes

Scheme likely to get revised

awaiting GoI instructions

Max. capacity ceiling to be raised to 50000 MT

Unit cost likely to increase by 40 % to 60 %

Subsidy ceiling to increase to Rs.3.75 crore to Rs.6 crore

Self financed projects to become eligible in NE areas(max. 10000 MT)

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Thank You for Your Attention !!!