About Us KIP is a registered company, incorporated in 2008 to provide quality work, consultation and advisory services in the field of Accounting, Auditing and Assurance, Taxation and regulatory, Company registration, LLP formation, Project reports and Business registrations to its clients. KIP is managed by a very strong team of qualified and experienced professionals comprised of Chartered Accountants, Management Graduates and Post-Graduates.
If Yes, Then there is a good news for you.
National Bank For Agriculture And Rural Development (NABARD) has introduces a Credit Linked Capital Subsidy scheme for the Construction of Godown for Agriculture Produce.
As per the your business nature, Storage of Food Grain is a major need. You can explore more profit through having storage facility in your business.
Under this scheme, You can avail maximum subsidy of Rs. 50 Lakhs for Warehouse Construction.
Here important point is that it is a Credit Linked Subsidy Scheme. It means in order to avail subsidy benefits you have to take Bank Term Loan for construction of warehouse.
So. let’s know some brief of this scheme.
As per the latest circular of NABARD, you can apply under this scheme on or before 31st March, 2023.
Here important point is that Your First installment of loan should be disbursed on or before 30th September 2022. So you need to plan accordingly for bank loan.
In this NABARD Subsidy Scheme you can avail subsidy on Maximum 5,000 MT Storage capacity of warehouse. In other word, if you are planning to construct 6000 MT Storage Capacity Godown then You can take the subsidy on up to 5000 MT storage Capacity.
As per Scheme, NABARD has allowed the Maximum Permissible Cost of Construction is Rs. 3000/- Per MT.
For example you are going to construct Godown of 5000 MT and you have incurred the cost of Rs. 4000/- Per MT. Accordingly your total cost of construction has come of Rs. 2.00 Cr. But for the purpose of Subsidy Calculation, it will be counts as of Rs. 1.50 Cr. (5000 MT * Rs. 3000 Per MT).
So if you want to construct warehouse you can take timely benefit of this NABARD Subsidy Scheme.
If you want to know more about this scheme or you want to know the procedure then share about your business plan on this link.
https://forms.gle/1cdQ6wHTyQWQrrhu6
Or you want to know more about other subsidy
Then kindly join our
For More discussion, Contact us at : 8683898080
Facebook Page- https://www.facebook.com/KIPFINANCIAL
Facebook Group– https://www.facebook.com/groups/kipfinancial
YouTube- https://www.youtube.com/channel/UCIFJyauYY2eTcqmrsT_R6sA?sub_confirmation=1
I am interested
Thank you sir for your responses.Either kindly contact on this number 86838 98080 or you may give your contact number.