Subsidy for Horticulture Cluster Development Program
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Establishment Of Cluster Under (CDP) Of National Horticulture Board”
The Cluster Development Programme (CDP) is designed to leverage the geographical specialisation of horticulture clusters and promote integrated and market-led development of preproduction, production, post-harvest, logistics, branding, and marketing activities.
Objective of the scheme to avail subsidy for Horticulture
- Address the concerns of the horticulture value chain, from pre-production, production, post-harvest management and value addition to logistics, marketing and branding.
- Reduce harvest and post-harvest losses by developing/expanding/upgrading the infrastructure.
Eligible Entities
- The applicant entity should have a net-worth of minimum two times of the proposed equity contribution as per the latest audited balance sheet
- IA should contribute at least 20% of the eligible project cost as promoters’ contribution.
- IA must bring at least 20% of eligible project cost as term loan from scheduled commercial banks/ RBI approved Financial Institutions (FIs).
- In-principle1 or final term loan sanction by bank along with the bank appraisal note.
- IA must have relevant experience as an agri /horti input supplier/ producer/ aggregator/ trader/ food processor/exporter/ retailer/ logistics provider, etc., depending on the vertical applied for.
- The applicant entity and/or its shareholder(s)/partner(s)/director(s)/key management person has not defaulted on its debt obligations in the last three years and should not appear in the RBI list of wilful defaulters or any such list by a competent authority in their respective jurisdiction.
Benefits to IAs for availing subsidy for Horticulture
- Up to 100 Cr of Financial Assistance per cluster depending upon the size of the cluster
- One Stop Solution for complete value chain of the commodities
- State government support in setting up of the project
- Convergence with various ministries like Railways, Shipping & Waterways, Road Transport& Highways etc.
- Special preference in schemes of AIF, Operation Greens, APC and APEDA
- Located in well established horticulture clusters
So if you are planning to set up Establishment of Cluster Development Programme under horticulture department scheme as discussed above. Then, you can get the benefit as mentioned above. So, plan accordingly.
If you want to know about national livestock then read this blog :– https://kipfinancial.com/national-livestock-mission-subsidy-scheme/
क्या आप Horticulture Cluster Development Program पर सब्सिडी लाभ जानना चाहते है
यदि हां
तो इस फॉर्म पर क्लिक करे और अपना फ्री अपॉइंटमेंट फिक्स करें :– https://forms.gle/RQicNC67oPsiVRe79
Contact us at– 8683898080.
Visit our office:- KIP Financial Consultancy Pvt. Ltd.
DSB – 38, Red Square Market, Hisar – 125001 (HR)
For, more information on this scheme you are requested to contact our KIP subsidy helpline on Mail – sales@kipfinancial.com and contact Number – +918683898080.
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