Commercial Floriculture

Institutional Assistance to Floriculture

NABARD Soft Loan Assistance :
1. National Bank for Agriculture and Rural Development (NABARD) has evolved a scheme for extending soft loan assistance to prospective entrepreneurs.
2. The entrepreneurs could be individual, proprietary / partnership firm, group of individuals, co-operative societies etc.
3. The assistance will be restricted to the shortfall in promoters contribution stipulated under relevant schemes.

NATIONAL HORTICULTURE BOARD (NHB) :
1. NHB has evolved a scheme for development of post harvest infrastructure during the eighth five year plan period.
2. Registered farmer’s organization, Co-operative societies and corporate sector are eligible for financial assistances.
3. Promoters have to contribute 20% of the project cost. 40% will be provided by NHB as soft loan @ 5% p.a. Remaining cost of the project will be financed by commercial banks.

APEDA SCHEMES TO ASSIST EXPORT ORIENTED FLORICULTURE :
1. For development of Infrastructure and services @ 25% of cost of the project and Rs. 1.5 lakhs for purchase of refer van.
2. For development of post-harvest infrastructure @ 50% of cost/ Rs. 5.0 lakhs for pre cooling and cold storage units.
3. Scheme for packing development – 30% of cost; maximum Rs. 1.0 lakh.
4. Scheme for export promotion and market development; maximum Rs. 0.5 lakh.
5. Scheme for survey, feasibility, consultancy and data base, - 40% of cost and maximum Rs. 20.0 lakhs.
6. Scheme for air freight subsidy – 25 % of IATA rates; maximum Rs. 10/- per kg for Europe and USA and USA and Rs, 6/kg for West Asia and South-East Asia.
7. It has already setup cold storage and cargo handling facilities which are operational at Indiga Gandhi International Airport, New Delhi, Bengaluru, Chennai and Thiruvananthapuram.

Nationalized banks viz., SBI, Canara

Agri-Commercialization and Enterprise funded by the United States Agency for International Development (ACE-UASIG)

State finance Corporations
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