Subsidy on Warehouse Scheme 2021

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subsidy on warehouse

You all know that the economic condition of the farmers in our country is not so good that they can make their storage. Keeping this in mind, the Central Government has Subsidy on Warehouse is initiated. Today, we will provide you with all the important information related to rural storage schemes through this article. Like what is a rural storage scheme? Its purpose, features, benefits, eligibility, application process, etc. If you Warehouse Subsidy Scheme 2021, you have to read this article until the end to get all the important information.

Warehouse Subsidy Scheme 2021

It often happens that due to not being able to keep the crop safe, farmers have to sell their crops at low prices. Keeping this in mind, the government Warehouse Subsidy Scheme2020 is initiated. Under this scheme, storage will be constructed to keep the farmers’ crops safe. The farmers themselves can build the storage and can also be done by the organizations associated with the farmers. In this scheme, loans will be provided to the farmers to construct the warehouse, and subsidies will also be given on loans.

Warehouse Subsidy Scheme

Warehouse Subsidy Scheme Capacity

The entrepreneur will decide the capacity under this scheme. But to get the subsidy, the warehouse capacity should be a minimum of 100 tonnes, and the maximum should be 30,000 tonnes. If the capacity is more than 30,000 tonnes or less than 100 tonnes, a subsidy will not be given under this scheme. In some special cases, subsidies up to 50-ton capacity will also be provided. The subsidy will also be provided to rural godowns with a capacity of 25 tonnes in hilly areas. The loan repayment period under this scheme is 11 years.

Basis for getting subsidy under Warehouse Subsidy Scheme

  • Platform
  • inner road
  • four walls
  • quality certification
  • packaging
  • grading
  • construction of additional drainage system
  • capital cost of warehouse construction
  • Warehousing facilities etc.

Key Highlights Of Warehouse Subsidy Scheme 2021

scheme name rural storage scheme
who launched central government
beneficiary Farmer
an objective To provide storage space to the farmers.
year 2021
official website click here

Objective of Warehouse subsidy

The scheme’s main objective is to create a storehouse for the farmers. So that the farmer can keep his crop safe and is not forced to sell his crop at low prices, through this scheme, the economic condition of the farmers will also improve, and they will not have to face any problems.

Beneficiaries of Rural Storage Scheme

  • Farmer
  • Farmer/Producer Group
  • establishment
  • Non government organization
  • Self help group
  • companies
  • Corporation
  • Personal
  • government organization
  • confederation
  • Agricultural Produce Marketing Committee

Subsidy rates under Rural Storage Scheme

  • One-third of the project’s capital cost will be provided as a subsidy for SC/ST entrepreneurs and organizations belonging to these communities or in the northeastern states, hilly areas. The maximum limit of which is Rs.3 crore.
  • Subsidy up to 25% will be provided on the project’s capital if the person doing the construction is a farmer or the farmer is a graduate or belongs to any cooperative organization. In this case, the maximum amount will be 2.25 crores.
  • All other categories include individuals, companies and corporations in which a subsidy of 15% of the cost of the project capital will be provided. The maximum amount in this situation is Rs 1.35 crore.
  • If the godown is renovated with the help of NCDC, 25% of the cost will be provided as a subsidy.

Capital cost of the project under Rural Storage Scheme

  • For 1000 ton capacity godown:- Appraised project cost or actual cost as provided by the bank or Rs.3500 per tonne. Whichever of these is less.
  • Godowns with capacity above 1000 tons:- Appraisal project cost or actual cost of Rs. 1500 per tonne provided by the bank. Whichever is less of these?

Key Facts of warehouse subsidy scheme 2021

  • It is mandatory to have some facilities in the godown such as paved road, drainage system, security system, unloading system etc.
  • All skylights and windows should be protected from birds.
  • All doors and windows should be air-tight.
  • Godown should be safe from germs.
  • The construction of the warehouse should be as per the guidelines of CPWD or CPWD-K.
  • He can build a planet of reserves anywhere he wants.
  • Under the Rural Storage Scheme, the applicant must get a license for the warehouse.
  • If the stock planet is more than 1000 tonnes, it is necessary to get recognition from CWC.
  • The height of the warehouse should not be less than 4-5 meters.
  • Under this scheme, the godown should be built as per the engineering standards.
  • The applicant will have to build scientific storage.
  • Under this scheme, the applicant must have his land.
  • The capacity of the godown has been decided based on the application under this scheme.
  • The warehouse must be outside the limits of the municipal corporation.

Banks covered under Rural Storage Scheme

  • Urban Cooperative Bank
  • Regional Rural Bank
  • commercial bank
  • North Eastern Development Finance Corporation
  • State Cooperative Agricultural And Rural Development Bank
  • State Cooperative Bank
  • Agricultural Development Finance Committee

Warehouse Subsidy Scheme 2021 Documents (Eligibility )

  • Farmers and organizations related to agriculture can take advantage of this scheme.
  • To be eligible for the scheme, the applicant must be a permanent resident of India.
  • Aadhar Card
  • Ration card
  • bank account details
  • mobile number
  • passport size photo
  • Address proof

Procedure to apply under Rural Storage Scheme

warehouse subsidy
  • Now the home page will open in front of you.
  • You have to click on the Apply Now button on the home page.
  • Now the application form will open in front of you.
  • You have to enter all the information asked in this application form.
  • After this, you have to attach all the important documents.
  • Now you have to click on submit button.
  • In this way, you will apply under the Rural Storage Scheme.

Contact Information

We have provided you with all the important information related to the subsidy on warehouse through this article. If you are still facing any problem, you can solve your problem by contacting the helpline number or email. The helpline number and email id are as follows.

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