1 / 26

REVISED CENTRAL SECTOR SCHEME: ESTABLISHMENT OF AGRI-CLINICS AND AGRI-BUSINESS CENTRES (ACABC)

REVISED CENTRAL SECTOR SCHEME: ESTABLISHMENT OF AGRI-CLINICS AND AGRI-BUSINESS CENTRES (ACABC) ZONAL WORKSHOP ON GSS Pune, 18 July 2012 Dr. P Sahoo, AGM, HO, Mumbai. NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT HEAD OFFICE, MUMBAI. OBJECTIVES TO PROVIDE EXTENSION AND

abba
Download Presentation

REVISED CENTRAL SECTOR SCHEME: ESTABLISHMENT OF AGRI-CLINICS AND AGRI-BUSINESS CENTRES (ACABC)

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. REVISED CENTRAL SECTOR SCHEME: ESTABLISHMENT OF AGRI-CLINICS AND AGRI-BUSINESS CENTRES (ACABC) ZONAL WORKSHOP ON GSS Pune, 18 July 2012 Dr. P Sahoo, AGM, HO, Mumbai NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT HEAD OFFICE, MUMBAI

  2. OBJECTIVES • TO PROVIDE EXTENSION AND • OTHER SERVICES TO THE FARMERS • TO SUPPORT AGRICULTURAL DEVELOPMENT • TO CREATE GAINFUL SELF-EMPLOYMENT OPPORTUNITEIS

  3. CONCEPT / DEFINITION • AGRI-CLINICS : • TO PROVIDE EXPERT ADVICE & SERVICES WHICH WOULD ENHANCE PRODUCTIVITY AND ENSURE INCREASED INCOME TO FARMERS • AGRI-BUSINESS CENTRES : COMMERCIAL AGRI-VENTURES FOR INCOME GENERATION & ENTREPRENEURSHIP DEVELOPMENT

  4. ELIGIBLE PERSONS • GRADUATES IN AGRICULTURE & ALLIED SUBJECTS ALLIED SUBJECTS • DIPLOMA HOLDERS (WITH 50% MARKS)/PG DIPLOMA HOLDERS IN AGRI AND ALLIED SUBJECTS FROM SAU, STATE AGRI. & ALLIED DEPTS. AND STATE DEPT OF TECHNICAL EDUCATION. • BIOLOGICAL SCIENCE GRADUATES WITH PG IN AGRI AND ALLIED SUBJECTS. • DEGREE HOLDERS IN COURSES RECOGNISED BY UGC HAVING MORE THAN 60% OF THE CONTENT IN AGRI. & ALLIED SUBJECTS.

  5. ELIGIBLE PERSONS CONTD…. • DIPLOMA/PG DIPLOMA HOLDERS IN COURSES WITH >60% OF COURSE CONTENT IN AGRI & ALLIED SUBJECTS, AFTER B.SC. IN BIOLOGICAL SCIENCES FROM RECOGNISED COLLEGES AND UNIVERSITIES • AGRICULTURE RELATED COURSES AT INTERMEDIATE (+2) LEVEL WITH AT LEAST 55% MARKS • DIPLOMA IN AGRICULTURE & ALLIED SUBJECTS OFFERED BY OTHER AGENCIES ARE ALSO ELIGIBLE SUBJECT TO APPROVAL OF DEPARTMENT OF AGRICULTURE AND COOPERATION, GOI ON THE RECOMMENDATION OF THE STATE GOVERNMENT • CANDIDATES SHOULD BE TRAINED

  6. AREA OF OPERATION • BOTH RURAL AND URBAN AREAS • GEOGRAPHICAL LOCATION : • NO RESTRICTION

  7. FULL FINANCIAL SUPPORT FOR • TRAINING/HAND HOLDING (MANAGE) • CREDIT (BANKS) • CREDIT– LINKED BACK ENDED SUBSIDY THROUGH NABARD

  8. Eligible Financial Institutions • CBs • RRBs • SCBs • SCARDBs • UCBs (Scheduled)

  9. PROJECT COST • INDIVIDUAL CEILING : ` 20 LAKH (` 25 LAKH IN CASE OF EXTREMELY SUCCESSFUL PROJECTS) • GROUP CEILING : ` 100 LAKH (AT LEAST 5 TRAINED PERSONS OUT OF WHICH ONE COULD BE FROM MANAGEMENT BACKGROUND) • GROUP COULD BE 2 OR MORE TRAINED PERSONS • PERSON WITH MANAGEMENT BACKGROUND ONLY TO BE INCLUDED IN GROUP OF 5 OR MORE

  10. PROJECT COST CONTD…. • COMPUTER /PRINTER/BROADBAND CONNECTION (1 MBPS ATLEAST) – AN INTEGRAL PART OF TFO • CREDIT SANCTIONED BY BANK COULD BE HIGHER DEPENDING ON VIABILITY/ FEASIBILITY • AT LEAST 10% OF THE PROJECT COST SHOULD BE IN CAPITAL FORM • INSURANCE COULD BE A PART OF TFO

  11. EXTREMELY SUCCESSFUL PROJECTS • PROJECT COST LIMIT IS EXTENDED BY ` 5 LAKH I.E. ` 20 LAKH + ` 5 LAKH = ` 25 LAKH) • TO BE APPROVED BY EMPOWERED STEERING COMMITTEE USING ABOVE CRITERIA • BASED ON DEFINED CRITERIA AND SCORING FOR THE SAME

  12. TERM LOAN • SHOULD BE COMPOSITE • (FIXED CAPITAL + WC FOR 1 OPERATING CYCLE) • REPAYMENT SCHEDULE IS TO BE DRAWN ON THE TOTAL COMPOSITE LOAN INCLUDING SUBSIDY • REPAYMENT PERIOD : 5-10 YEARS DEPENDING ON ACTIVITY • MAX GRACE PERIOD : 2 YEARS • ROI ON LOAN : RBI GUIDELINES/POLICY OF THE BANK • LOCK-IN PERIOD : 3 YEARS

  13. MARGIN MONEY • AS PER RBI GUIDELINES • NO MARGIN FOR LOAN UPTO ` 5 LAKH • 50% OF THE MARGIN MONEY AS SOFT LOAN FROM NABARD

  14. SECURITY • AS PER RBI GUIDELINES • LOANS UP TO ` 5 LAKH CAN BE SECURED AGAINST HYPOTHECATION OF ASSETS CREATED

  15. CREDIT LINKED COMPOSITE SUBSIDY • 44% FOR WOMEN, SC/ST AND ALL CATEGORIES OF BORROWERS FROM NER, HILLY STATES • 36% FOR ALL OTHERS • RELEASED UPFRONT IN ONE INSTALMENT BY NABARD TO BANKS AFTER SANCTION OF LOAN • ALL CANDIDATES TRAINED UNDER THE SCHEME SHALL BE ELIGIBLE FOR SUBSIDY IF LOAN IS SANCTIONED ON OR AFTER 9.7.2006

  16. CREDIT LINKED COMPOSITE SUBSIDY • BANK TO KEEP SUBSIDY IN ‘SUBSIDY RESERVE FUND ACCOUNT (BORROWER WISE)’ • BANKS NOT TO CHARGE INTEREST ON SUBSIDY PORTION • BALANCE IN THE ‘SUBSIDY RESERVE FUND ACCOUNT’ WILL NOT FORM PART OF DTL

  17. CREDIT LINKED COMPOSITE SUBSIDY • REVISED TFO CEILING APPLICABLE TO CASES SANCTIONED AFTER 4.8.10 • CASES SANCTIONED BUT NOT CLOSED SHALL BE CONVERTED TO COMPOSITE SUBSIDY- DIFFERENTIAL AMOUNT BETWEEN PAYBLE AND PAID ASSISTANCE TO BE RELEASED IN ONE LUMPSUM ON OBTAINING A CLAIM FROM THE BANK

  18. CREDIT LINKED COMPOSITE SUBSIDY • BENEFIT OF SUBSIDY CAN BE EXTENDED TWICE TO A SINGLE BORROWER WITHIN THE OVERALL CEILING • WHEN 2 INDEPENDENT PROJECTS ARE FINANCED TO THE SAME BENEFICIARY (SUBSIDY WOULD BE AS PER ADMISSIBLE TFO CEILINGS BY CONSIDERING THE TFO OF BOTH THE PROJECTS TOGETHER) • EXPANSION OF AN EXISTING PROJECT OF A BORROWER (ONLY ON THE TFO FOR EXPANSION AND THE COST OF THE EXISTING PROJECT IS NOT INCLUDED)

  19. CREDIT LINKED COMPOSITE SUBSIDY • FRESH/EXPANSION PROJECTS SANCTIONED BY BANKS BEFORE 4.8.10: TFO CEILING WILL BE `10 LAKH (INDIVIDUAL) • FRESH/EXPANSION PROJECTS SANCTIONED BY BANKS ON OR AFTER 4.8.10 : TFO CEILING WILL BE ` 20 LAKH (INDIVIDUAL)

  20. PROCEDURE • AGRIPRENEUR TO SUBMIT PROJECT PROPOSAL FOR LOAN AND SUBSIDY TO BANKS • BANKS TO APPRAISE, SANCTION AND DISBURSE THE FIRST INSTALMENT • BANKS TO CLAIM SUBSIDY FROM NABARD WITH A BRIEF PROJECT PROFILE-CUM-CLAIM FORM • ROS ARE EXPECTED TO DISPOSE OFF THE CLAIMS WITHIN A FORTNIGHT FROM THE DATE OF RECEIPT OF THE CLAIMS • BANKS TO SUBMIT UTILIZATION CERTIFICATE

  21. DELIVERY OF EXTENSION SERVICES SHALL BE THE MAIN COMPONENT • RECORD OF ADVISORY SERVICES (PRESCRIBED PROFORMA) IS TO BE MAINTAINED BY THE UNIT • ANY TWO OFFICIAL MAY TAKE UP PERIODIC/SURPRISE VISIT FOR VERIFYING RECORDS OF ADVISORY SERVICES

  22. WHERE MISUTILIZATION OF SUBSIDY HAS BEEN NOTICED BANK SHALL REFUND THE SUBSIDY TO NABARD • A CONSOLIDATED REPORT IS TO BE FINALIZED BY THE BANK BEFORE 3 YEARS LOCK-IN PERIOD FOR FORWARDING TO NABARD/ATMA FOR INFORMATION • TIME LIMIT FOR COMPLETION : 6 MONTHS FROM DATE OF DISB. OF 1ST INSTALMENT (PLUS ADDITIONAL 6 MOTHS FOR JUSTIFYABLE DELAY)

  23. BENEFIT OF SUBSIDY IS NOT AVAILABLE IF THE PROJECT IS NOT COMPLETED WITHIN STIPULATED TIME & SUBSIDY IS TO BE REFUNDED TO NABARD • INSURANCE TO BE TAKEN WHEREVER REQUIRED • DISPLAY OF SIGN BOARD AT THE UNIT • PRE AND POST COMPLETION INSPECTION OF PROJECT BY BANK • SUBSIDY SUBJECT TO AVAILABILITY OF FUNDS FROM GOI

  24. EMPOWERED STEERING COMMITTEE • SECRETARY (A&C) : CHAIRMAN • ADDL. SECY, DAC : MEMBER • AS & FA, DAC : MEMBER • DDG (EXTN.), ICAR : MEMBER • DG, MANAGE : MEMBER • ED, NABARD : MEMBER • JT. SECY (EXTN.) : MEMBER SECRETARY GOI’S INTERPRETATION OF THE SCHEME INSTRUCTIONS WILL BE FINAL

  25. Progress (As on 30.06.2012) • * ADV + FIN + INT. SUB –I + INT. SUB –II

  26. Thank You for your Attention!

More Related