State GovernmentVerified

Atma Nirbhar Bagwani Yojana

The schemes are part of the Atma Nirbhar program announced during the Budget session held in February this year. A total amount of Rs 120 crores – Rs 60 crores for each scheme has been allocated to the two concerned departments of Agriculture and Horticulture.

Start date3 Sept 2021

Last verifiedToday

Official Source ↗

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

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.

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

Required Documents

✦
Aadhaar Card
✦
Voter Card
✦
Residential Certificate
✦
A valid Bank Account

✦ Required ◦ Optional

How to Apply

IIn-person

The interested farmer/SHG/FPO is required to submit their duly filled application form and

proposai along with a self-attested passport size photograph to the Horticulture Development Office in their

respective Circle during the Office working hours to avail the scheme.

Application Form: https://cdn.s3waas.gov.in/s3819f46e52c25763a55cc642422644317/uploads/2022/05/2022052453.pdf

Quick Info

Level: State Government
Launched: 3 Sept 2021