Loan from the Bank

Our expert team guides farmers to get loans from the bank of their choice. It is a bankable subsidy project means the subsidy will be deposited to your loan bank account directly. A Farmer should have to go to a bank to apply for a loan.

Floriculture and horticulture agriculture activities are combined in greenhouse farming systems. Setting up a greenhouse facility will require a large financial investment as well as extensive planning. Apart from the core facility, there are a number of other components that require money and financial help in order for the system to function as a whole.
Examples of such costs include the purchase of electric motors integrated with pumps, the purchase of tractors and other machinery equipment, the drilling of wells and installation of pipes, the installation of irrigation systems, the planting of fruits and vegetables, and so on. You’ll need a solid source of cash to ensure that everything goes smoothly and without hiccups.

Subsidy pattern for greenhouse farming in India:

  • The NHB is India’s regulatory agency for greenhouse farming (National Horticulture Board). NHB provides a 50% subsidy on a project with a maximum cap of 112 lakh per beneficiary.
  • GAIC (Gujarat Agro Industries Corporation) offers a 6% loan interest subsidy up to a maximum of 4 lakhs.
  • The National Horticulture Mission (NHM) offers a 50% subsidy up to a maximum of Rs. 50 lakhs.
    Aside from the aforementioned, each state has a SHM (State Horticulture Mission) facility, which gives an extra subsidy of 15 to 25% on top of the 50% granted by NHM.

Guidelines on how to apply:

The Indian government is attempting to promote greenhouse farming throughout the country by introducing incentives through its horticulture department. Subsidies ranging from 50 to 60% of the greenhouse’s total project cost are available. The amount and proportion of the subsidy offered may vary depending on the state. The NHB and NHM websites have all of the required guidelines and information on subsidies. You can also pay a visit to your local government agriculture office.