Loans can be sanctioned for the following purposes as per this scheme
F.1.1 Farm Credit-Individual Farmers:
Loans to a maximum amount of ₹ 5 lakhs for a
maximum period of 3 years can be sanctioned to individual farmers, directly engaged in
agriculture and allied activities, viz. dairy, animal husbandry, poultry, bee-keeping and
sericulture. This will include:
>> Crop loans including loans for traditional and non-traditional plantations, horticulture
and allied activities.
>> Medium and long term loans for agriculture and allied activities such as for purchase
of agricultural implements and machinery and developmental loans for allied activities
>> Loans for pre and post-harvest activities viz. spraying, harvesting and transporting of
their own farm produce
>> Loans to distressed farmers indebted to non-institutional lenders.
>> Loans under Kissan Credit Card Scheme
>> Loans to small and marginal farmers for purchase of land for agricultural purposes.
>> Loans to farmers for installation of solar power plants
>> Loans for similar other agricultural and allied activities
>> The amount of loan shall be fixed on the basis of the scale of finance set by NABARD
Loans to a maximum amount of ₹ 20 lakhs for a maximum
period of 5 years can be sanctioned to individuals for
>> Construction of storage facilities like warehouse, market yards, godowns and silos
including cold storage units/cold storage chains designed to store agriculture
produce/products, irrespective of their location.
>> Soil conservation and watershed development.
>> Plant tissue culture and agri-biotechnology, seed production, production of biopesticides, bio-fertilizer, and vermi composting.
>> Similar other activities
Loans to a maximum amount of ₹ 20 lakhs for a maximum period of 5 years can be sanctioned for setting up of Agro-clinics and Agro- business centres
Loans to a maximum amount of ₹ 10 lakhs for a maximum
period of 5 years can be sanctioned for
>> Processing of fruits, vegetables, milk, milk products including their packaging, storing
and transportation
>> Freezing products like fruit, vegetables, meat, fish, sea foods etc.
>> Canning of fruits, vegetables including mushrooms, meat, fish, crustaceans, other sea
foods etc.
>> Processing of fruits and vegetables into different products such as juices, concentrates,
sauces, jam, jellies, marmalades, chips, flakes, powders etc.
>> Production of bakery and confectionary products-biscuits, bread, cakes, cookies, toffee
etc.
>> Production of starch and starch products - sago, corn, noodles, macaroni, vermicelli
Similar other projects.