Cold Storage Scheme
Scheme Overview
Sponsoring Authority : NHB (National Horticulture Board)
Policy Period : 2020-2021
Nature of Subsidy : Credit Linked and back ended.
Minimum Lock in Period : 3 years
Subsidy Components Cost Norms :
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Sl. No
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Components
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Cost Norms
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1.
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Cold storage units Type 1 – basic mezzanine structure with large chamber (of > 250 MT) type with single temperature zone
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- @ Rs. 8,000/ MT for capacity up to 5000 MT.
- @ Rs. 7,600/ MT for capacity between 5001 - 6500 MT.
- @ Rs. 7,200/MT for capacity between 6501 - 8000 MT.
- @ Rs.6,800/MT for capacity between 8001 - 10000 MT.
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2.
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Cold storage units Type 2 – Pre Engineering Building (PEB) Type for multiple temperature and product use, more than 6 chambers of < 250 MT) and Basic material handling equipment.
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- @ Rs.10,000/ MT for capacity up to 5000 MT.
- @ Rs.9,500/ MT for capacity between 5001 - 6500 MT.
- @ Rs.9,000/MT for capacity between 6501 - 8000 MT.
- @ Rs.8,500/MT for capacity between 8001 - 10000 MT.
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3.
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Cold Storage Units Type 2 with add on technology for Controlled Atmosphere. CA stores are considered only in production areas for crops / commodities having NHB technical standards
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Additional Rs. 10,000/MT for add on components of controlled atmosphere technology as per component wise cost.
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4.
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Technology induction and modernization of cold chain
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@ Rs. 5000/MT, for capacity between 5001 to 10000 MT.
Components of modernization includes
- – PLC equipment,
- – Packaging lines,
- – Dock levelers,
- – Advanced graders,
- – Alternate technologies,
- – Stacking system,
- – Modernization of insulation and refrigeration etc.
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Quantum of Benefit :
- General areas :
- 35% of the capital cost of project (For a storage capacity above 5000 MT up to 10000 MT)
- Max Cap – 2.38 Cr (Type 1)
- Max Cap – 2.97 Cr (Type 2)
- NE, Hilly States & Scheduled Areas :
- 50% of the capital cost of project (For a storage capacity above 1000 MT up to 10000 MT)
- Max Cap – 3.40 Cr (Type 1)
- Max Cap – 4.25 Cr (Type 2)
- Maximum permissible subsidy :
- Including all components (Controlled atmosphere Technology) the max subsidy is 7.50 crore. (Or)
- The Subsidy will be capped at the Term Loan amount (or)
- As per the Actual invoice amounts, whichever is lower
Who are Eligible under scheme?
Organizations/promoters, such as
- Association of Growers,
- Individuals,
- group of farmer growers/consumers,
- Farmers Producer Organizations (FPOs,)
- Partnership/Proprietary Firms,
- Self Help groups (SHGs),
- NGOs,
- Companies, Corporations, Cooperatives,
- Co-operative Marketing Federations,
- Agricultural Produce Marketing Committees,
- Marketing Boards/Committees,
- Municipal Corporations/ Committees,
- Agro Industries Corporations,
- SAU’s and other concerned R&D organizations are eligible to get assistance under all the NHB schemes.
When to apply
- Direct IPA
- Before 15.03.2020 (including complete documentation as per the suggestion of Dept)
- Pre-IPA
- Pre-IPA: Before 28/02/2020 (including complete documentation as per the suggestion of Dept)
- IPA: 6 Months from the date of Pre-IPA but not after 15/03/2020.
- Final claim
- Lending Bank should claim subsidy within 3 months of project completion.
Validity:
- Pre – IPA: 6 Months
- IPA: (Till end of the Financial Year i.e., 31st march)
Physical Verification : Joint Inspection of Project with in 1 month of Subsidy claim.
Application Fee :
| Cost of Application |
By Net Banking/ Credit/ Debit card |
| For Projects having cost upto Rs 10.00 lakh |
Rs.1,000/- |
| For Projects having cost >10 lakh and upto Rs 20 lakh |
Rs.2,000/- |
| For Projects having cost >20 lakh and upto Rs 50 lakh |
Rs.5,000/- |
| For Projects having cost >50 lakh |
Rs.10,000/- |
