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Agro Policy
Highlights
:
- Seeking to address relevant concerns, aiming to spur investments
in agri- processing, agri-infrastructure and high-tech agriculture
- Aiming to create a world class supply-chain, promotion of
agri-infrastructure, close interface between research, extension,
industry and farmers.
- Assistance to small scale agro-based units to improve their
competitiveness in the global markets and enhancing exports
of value added agri-products.
- Tiny, small, medium and large agro industrial units offered
a 6% back ended subsidy for five years on the interest on term
loan upto a maximum of Rs. 100 lakhs.
- Agri-infrastructure projects offered a 6% back ended subsidy
for five years on the interest on term loan upto a maximum of
Rs. 400 lakhs.
- Reimbursement of 50 % expenditure of the cost of project report
preparation to individuals/institutions upto Rs. 5 lakhs.
- Assistance upto 50% of the initial capital investment with
a ceiling of Rs. 500 lakhs for specific crop development institute
/ center of excellence.
- Assistance for quality certification mark to small and tiny
units upto 50% of the cost with a ceiling of Rs. 5 lakhs.
- Assistance for patent registration upto 50% of the cost with
a ceiling of Rs. 5 lakhs.
- 25% subsidy provided on airfreight for export of edible products
from S P International Airport, Ahmedabad subject to a ceiling
of Rs. 10 lakhs per beneficiary.
- 50% subsidy provided on the cost of sending samples and the
cost of getting samples upto a limit Rs. 50,000/-
- 50% subsidy on research and development for improvement in
quality of agriculture produce upto a ceiling of Rs. 20 lakhs.
- State Government may also consider equity participation from
11% - 26% in select projects to facilitate private sector investment.
- Government provides government land including agriculture
farms on long term lease basis at concessional rates.
- Government to create a venture fund in association with financial
institutions/banks.
- Incentives made available to new units as well as existing
units undertaking technology upgradation, modernization, expansion
or diversification.
- Incentive available to the units located in the entire state
except in the areas under the Municipal Corporations of Ahmedabad,
Vadodara, Surat, Rajkot, Jamnagar and Bhavnagar.
- Cold chain projects and retail outlets for perishables offered
incentives in all the areas of the state.
- Gujarat Agro Industries Corporation Ltd. is the nodal agency
to implement the policy.
Complete text of the Agro
industrial policy is available in easy print format. |