Tuesday, September 6, 2011

Subsidy on Organic Fertilisers

The Government is providing financial assistance for organic manure under the following schemes to States / UTs -

(i) Under National Project on Organic Farming (NPOF) financial assistance is provided as credit linked back ended subsidy through NABARD for setting up of fruit/vegetable waste / agro-waste compost unit @ 33% of the total cost of project upto Rs.60.00 lakh per unit and @ 25% of the total cost of project up to Rs.40.00 lakh per unit of bio-fertilizer / bio-pesticides production units.

(ii) Under National Horticulture Mission (NHM) financial assistance is provided for setting up vermicompost production units @ 50% of the cost subject to a maximum of Rs.30,000/- per beneficiary.

(iii) Under National Project on Management of Soil Health and Fertility (NPMSHF) there is provision for subsidy on promotion of organic fertilizer upto Rs.500/- per hectare.

(iv) Assistance is also available for organic fertilizers under Rashtriya Krishi Vikas Yojna (RKVY).

This information was given by Shri Harish Rawat, Minister of State for Agriculture and Food Processing Industries in written reply to a question in the Lok Sabha today.

MP: SB:CP: subsidy (6.9.2011)  (Release ID :75658)

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