Atma Nirbhar Bagwani Yojana

About This Scheme

Atma Nirbhar Bagwani Yojana is an umbrella scheme wherein all the schemes are subsumed under a bank-linked credit subsidy scheme, which will have a time-bound implementation and participation from various stakeholders – Government, Bank, Project Consultants, and Progressive Farmers. The beneficiaries under the scheme will be eligible for 45% subsidy from the Government of Arunachal Pradesh, 45% bank finance, and 10% beneficiary's contribution. The beneficiary will have to provide collateral security in the shape of land/property or an acceptable guarantee for a loan amount exceeding 1.6 Lakhs in case of individuals and 10 lakhs for SHGs/FPOs. Under this scheme, the following components are included for availing a bank loan: - Arecanut - Pineapple - Avocado - Dragon Fruit - Orange - Banana - Guava - Tractor - Power Tiller - Brush Cutter

Eligibility

The applicant must be a resident and farmer of Arunachal Pradesh.

Benefits

- Atmanirbhar Bagwani Yojna is basically meant for the cultivation of fruits like apples, walnut, orange, kiwi, and persimmon. - The line of credit will be provided by the State Bank Of India, Arunachal Pradesh Rural Bank, and Arunachal Pradesh Cooperative Apex Bank. - 45 percent will be given by the government subsidy, 45 percent as bank loan and 10 percent will be contributed by the farmer. - There is no collateral for loans up to Rs 1.60 lakh. - For SHGs, no collateral is needed up to Rs 10 lakhs.

How to Apply

Where This Comes From

This scheme was sourced from myScheme, the Government of India's official Central+State scheme discovery portal, and reviewed by an editor before publishing. Use the button above to read the full details and apply directly on the official source.