Transcript The Project Management Office - CAB

SCHEME FOR
DEVELOPMENT / STRENGTHENING OF
AGRICULTURAL MARKETING INFRASTRUCTURE, GRADING
AND STANDARDIZATION
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT
Maharashtra Regional Office, Pune
Committed to rural prosperity
Reforms linked investment scheme
 Central sector scheme effective from 20.10.2004 & continues
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during 2013-14
Scheme guidelines revised w.e.f 26.06.2008
Scheme is Reform Linked. Applicable only in States/Union
Territories, where APMC Act is amended
Amended Act allows ‘Direct Marketing’ and ‘Contract Farming’
and permit setting up of agricultural produce markets in
private and cooperative sectors.
APMC Act amended in 24 States & 4 UTs. APMC Act yet to be
amended in Uttar Pradesh, Haryana, West Bengal, J&K,
Meghalaya, Delhi and UT of Puduchery
Committed to rural prosperity
Objectives – AMIGS Scheme
 To encourage rapid development of agriculture and allied
sectors including dairy, meat, fisheries and minor forest
produce.
 To provide additional agricultural marketing infrastructure
 To promote competitive alternative agricultural marketing
infrastructure by private and cooperative sector investments
 To strengthen existing agricultural marketing infrastructure.
 To promote direct marketing
Committed to rural prosperity
Objectives –AMIGS Scheme-Contd.
 To provide infrastructure facilities for grading, standardization
and quality certification of agricultural produce
 To promote pledge financing and marketing, credit,
introduction of negotiable warehousing receipt system and
promotion of forward and future markets
 To promote direct integration of processing units with
producers
Committed to rural prosperity
Infrastructure Projects : Illustrative list
a) Market user common facilities in the project area
like market yards, platforms for loading/unloading,
assembling and auctioning of the produce, weighing
and mechanical handling equipments, etc.
b) Functional Infrastructure for collection/assembling,
grading, standardization and quality certification,
labeling, packaging, value addition facilities
(without changing the product form)
c) Infrastructure for Direct Marketing from producers
to consumers /processing units / bulk buyers etc.
d) Infrastructure for supply of production inputs and needbased services to the farmers
Committed to rural prosperity
Infrastructure Projects : Illustrative list
contde) Infrastructure for E-trading, market extension and
market oriented production planning.
f)
Mobile infrastructure for post harvest
operations viz.
grading, packaging, quality
testing etc.,
g) Excludes transport equipment. However reefer vans or
any other refrigerated vans used for transporting
agricultural produce, which are essential for cold chains
are allowed.
Committed to rural prosperity
Indicative List of Projects
Committed to rural prosperity
Salient Features
 All are eligible incl. NGOs, SHGs,Partnership/propreitorary firms/
Companies, Corporations, Cooperatives, Cooperative Marketing
Federations.
 Subsidy @ 25% max. Rs.50.00 lakh for others; Subsidy @ 33.33% max.
Rs.60.00 lakh – for NE States, Hilly and Tribal areas, States of
Uttarakhand, Himachal Pradesh and Jammu & Kashmir, SC/ST
beneficiaries and their co-operatives
 Local bodies, Autonomous bodies of the Govt, Agricultural Produce
Market Committees (APMCs) & Marketing Boards in the country.
 Subsidy @ 25% or 33.33% (as per eligibility) with no upper ceiling -for
State Govt. agencies
 Credit linkage is optional for projects by State agencies
 Marketing Infrastructure projects sanctioned to State Govts. under RIDF
and Projects co-financed by NABARD are also eligible
Committed to rural prosperity
Pattern of assistance
Source of finance
Other than NE States,
States of Uttarakhand,
Himachal Pradesh, J&K,
hilly and tribal areas*
/SC & ST entrepreneurs
and their cooperatives
NE States, States of
Uttarakhand, Himachal
Pradesh, J&K, hilly and
tribal areas*/SC&ST
entrepreneurs and their
cooperatives
Subsidy from Central
Government
25%
33.33%
Institutional Loan from
Banks
Minimum 50%
Minimum 46.67%
Owner’s contribution**
Rest of the project cost
Rest of the project cost
*
*
Hilly area is a place at an altitude of more than 1,000 metres above MSL
Tribal areas are areas notified/declared as tribal area by the Central/
concerned State Government
** Cost of land not exceeding 10% in rural areas and 20% in municipal areas of
the project cost can form part of the owner’s contribution
Committed to rural prosperity
Salient Features
Contd..
 Term loan min.50% of TFO (includes subsidy component)
 Term loan - 46.67% of TFO in case of NE states, hilly and
tribal areas and for entrepreneurs belonging to SC/ST and
their cooperatives
 Repayment period –depending on cash flow. Can be upto 11
years (incl. two years grace period).
 Time limit for completion – 18 months+6 months grace
 For large projects with TFO of Rs.2.00 crore or more, time
limit for completion - 36 months
 No lock in period (so far)
 No Joint Inspection visit for projects of TFO below Rs.10 lakh.
Subsidy could be released in one instalment on project
completion
Committed to rural prosperity
Salient Features
Contd..
 Subsidy through NABARD only for projects financed by institutions
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eligible for refinance
Projects on purchase of combine harvesters are eligible for subsidy
only in 7 states, viz., Odisha, Rajasthan, Chattisgarh, Kerala,
Karnataka, Maharashtra and Gujarat, w.e.f 30.01.08
Subsidy for such projects should not exceed 20% of the total
projects sanctioned under AMIGS scheme in the State
Land cost upto 10% of project cost in rural areas and upto 20% in
urban areas could be treated as promoter’s margin
Hilly areas – places with altitude of more than 1000 metres above
Main Sea Level
Tribal areas – areas notified/ declared as tribal areas by
Central/State Govt.
Committed to rural prosperity
Salient Features
Contd..
 Any activity pertaining to Post harvest management providing direct
service delivery to farmers and involving no product form change is
eligible for subsidy.
 In addition to compulsory direct service delivery, the projects could
also be utilised for self purpose during lean period
 Projects providing indirect service delivery to the farmers are not
eligible. Cotton pressing and bailing units not providing direct
service delivery to farmers, are not eligible
Committed to rural prosperity
Salient Features
Contd..
Clarifications received from DMI,HO during 2011-12: The projects whose construction has started/units are installed before sanction of loan are not
to be considered for subsidy under AMIGS scheme – DMI’s letter dated 29.7.11. This instruction is
applicable for even to those units sanctioned by banks prior to the date of issue of DMI’s letter.
 If the project is completed with in the stipulated period, the subsidy is payable to the
entrepreneur ( even after subsidy is claimed after a period of 3 to 4 years after disbursement of
first installement of loan)
 In case of projects promoted by SC/ST persons in the capacity of sole proprietorship, partnership
firms , groups etc. would be eligible for 33.33% subsidy, provided all members belong to SC/ST
 Projects under AMIGS should not have godown component of more than 50% of TFO. If more, it
may be covered under RG scheme provided the project meet the guidelines of RG scheme.
Effective date of stipulation of this instruction is 11 August 2011.
 Subsidy/advance subsidy released to beneficiary has to be refunded if the loan account becomes
NPA
 Joint Inspection Committee visits to the units shall be carried out within one month of receipt of
information regarding completion of the project
Committed to rural prosperity
Documents to be submitted by bank
for Advance subsidy claim
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Advance Subsidy Claim ( Annexure I) through Controling
office of Bank
Project report with activity-wise details of costs, TFO,
Margin and Bank loan
Loan Sanction letter issued by Financing Bank
Documentary proof for category (SC/ST and their
cooperatives)
Affidavit from the beneficiary
Copy of relevant approvals/NOC etc along with approved
plan
Proof of direct service by Financing bank
Declaration from the bank that construction has started
after issue of bank loan
Committed to rural prosperity
Documents to be submitted
by bank for JIC visit
Request letter from bank for JIC visit along with following
documents :
• Completion Certificate duly signed by promoter verified
by qualified/approved engineer/architect and countersigned
by Branch Manager of the financing bank.
•Certificate issued by Chartered Accountant certifying the
actual cost involved in completion of the project
Committed to rural prosperity
Documents to be submitted by bank
for final subsidy claim
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2.
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4.
Final Subsidy Claim ( Annexure II) through
Controlling office of Bank
Copy of JIC report as per format (Annexure VI)
duly signed by officials of NABARD,DMI and Bank
Compliance report from bank on observations, if
any, made by JIC team
Certificate on actual cost of construction of the
project and itemwise amounts duly certified by
Chartered Accountant
Committed to rural prosperity
Documents to be submitted by bank
after receipt of final subsidy
Utilisation certificate as per format at Annexure - III
of the operational guidelines
Committed to rural prosperity
Progress (30 June 2012)
 State/ROs participated
: 14
 Nos of Schemes
: 5529
 TFO (Rs. Crore)
: 4213.18
 Bank Loan (Rs. Crore)
: 2816.05
 Subsidy released (Rs. Crore)
: 467.22
Committed to rural prosperity
Thank You for Your Attention !!!
Committed to rural prosperity