Capital Investment Subsidy Scheme NABARD
The Capital Investment Subsidy Scheme is being implemented by the Department of Agriculture, Cooperation and Farmers’ Welfare (DAC&FW), Ministry of Agriculture & Farmers’ Welfare, GoI, through the National Centre of Organic Farming (NCOF) in collaboration with NABARD and National Cooperative Development Corporation (NCDC).
NABARD will be administering the subsidy and monitoring the progress of the scheme besides providing refinance support to the eligible financing banks for the term loan extended under the scheme.
Objectives of the scheme
- To promote organic farming in the country by making available organic inputs, such as biofertilizers, biopesticides as well as fruit and vegetable market waste compost and thereby generate a better return for the produce
- To increase agricultural productivity while maintaining soil health and environmental safety
- To reduce total dependence on chemical fertilizers and pesticides by increasing the availability and improving the quality of biofertilizers, biopesticides, and composts in the country
- To convert organic waste into plant-nutrient resources
- To prevent pollution and environmental degradation by proper conversion and utilization of organic waste
- To establish bio fertilizers and bio pesticides production units
- To set up a fruit and vegetable waste compost unit
Eligible for Subsidy
- Individuals, group of farmers/growers, proprietary and partnership firms, co-operatives, fertilizer industry
- Companies, Corporations
- Non-Governmental Organizations (NGOs)
- Agricultural Produce Market Committees (APMCs)
- Private entrepreneurs Links for downloads
Hello, I am Sonu Verma, M.Sc. (Horti.) Agriculture content writer, and an enthusiast who loves to share knowledge. No Culture Without Agriculture.