Govt of India launches a new scheme “Gram Samridhi Subsidy Yojana” to help unorganized food processing sector. Right now, 60% of the food processing unit is in rural areas. They don’t have enough resources to run their processing unit correctly. The Govt is planning to provide a subsidy to establish processing unit very well equipped.

Gram Samridhi Subsidy Yojana

Maximum Rs. 10 Lakh of subsidy for each food processing unit. This subsidy provides infrastructure and services to support the growth of new food businesses. There is provision for loan interest subsidy also. If a businessman or entrepreneur has taken a loan from any bank.

Eligibility and documents for Gram Samridhi Subsidy Yojana

  1. Applicant should be Indian residents
  2. Rural area Food processing unit are eligible for scheme
  3. Food  Processing Unit can apply for scheme
  4. The unorganized food processing agencies, which constitute the clusters, will have to furnish their production and registration papers.
  5. if applicant opted for credit  then government will charge within 3% to 5% only.

Gram Samridhi Subsidy Yojana Online Apply

Right now there is information about how to apply for Gram Samridhi Subsidy Yojana. We will keep updating this section in the coming week.The applicants will have to fill in the enrollment forms and submit it to the respective office. Then the respective state department will make the background checks and prepare the beneficiary list.

The scheme will run in Uttar Pradesh, Andhra Pradesh, Maharashtra and Punjab for a five-year period. After that, it will apply on all over India. World Bank will be giving Rs 1,500 crore while The center will bear rs 1,000 crore while state governments will put in Rs 500 crore, said the official.

 

Name of the schemeGram Samridhi Yojana
State Uttar Pradesh, Andhra Pradesh, Maharashtra and Punjab
Inaugurated byNarendra Modi
Announced onMarch 2019
Implementation dateMarch 2019
Target beneficiariesRural Food Processing Unit
Pension a Max Rs. 10 Lakh Subsidy to Unit

 

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