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Farmers' concerns and rural development is a top priority: Smt Nirmala Sitharaman, Union Finance Min. FM asks NABARD to focus on J&K and Ladakh for optimum farm produce and solar energy utilisation.
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Capital subsidy at the revised rate of 15 per cent of the eligible investment in plant and machinery under the Scheme shall be available only for such projects, where terms loans have been sanctioned by the eligible PLI on or after September 29, 2005 .
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Oct 16, 2018· Note: the subsidy provided by the NABARD is restricted on a pro-rata basis depending on the size of the entire dairy unit. Back end Subsidy: NABARD releases subsidy to the bank, but not against the loan given to the individual. For example, if the loan is 10 lakhs and the subsidy amount is 2 lakhs, then the subsidy amount would be added only after the repayment of 8 lakhs towards the loan.
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