Agri-Clinics And Agri-Business Centres Scheme

DBT will be given at the rate of Rs 4,000 per acre per season for cropping while zero-interest loan will be at the rate of Rs 50,000 per hectare to be capped at Rs 1 lakh per farmer, sources told BusinessToday.In. The crop loan is already offered to farmers at a subsidized rate of 4 percent only.

A beneficiary cannot close the bank loans within three years from the date of availing loans.

The subsidy is 36% of the Total Financial Outlay (TFO) for General Category candidates and 44% for Women, SC/ST/NE and Hilly State Candidates.

Yes, retired employees getting pensionary benefits are not eligible for subsidy. However, they can undergo training and establish self financed projects.

Yes, the upper ceiling for the project cost eligible for subsidy is Rs. 20 Lakhs for individual projects and Rs. 100 Lakh for group projects. For extremely successful individual projects the ceiling is Rs. 25 Lakh.

Yes, the candidates are allowed to undertake group projects, if the group consists of a total of five or more persons trained under the scheme.

If the project is not completed within the stipulated period, benefit of subsidy shall not be available and advance subsidy placed with the participating bank, if any, will have to be refunded forthwith to NABARD.

45 days of residential training for the students who are desirous of setting up agri-clinics and agri-business centers.