1. Home
  2. Agriculture World

Profitable Agriculture Business: Get 36% Subsidy on Rs 20 Lakh Loan by NABARD; Direct Link to Apply Inside

During the crisis, governments are making all kinds of efforts to make agriculture a profitable business. Modi government has also planned to double the income of the farmers by the year 2022.

Tooba Maher
Profitable Agriculture Business
Pic Credit: The Logical Indian

Profitable Agriculture Business: Governments are making all kinds of efforts to make agriculture a profitable business during the crisis. Modi government has also planned to double the income of the farmers by the year 2022. In the meantime, now the government has prepared a plan to promote agri business. So, if you too are looking for a profitable agri business, then go for it!

Now, a person who is connected to agriculture or wants to join it can take a loan of up to Rs 20 lakh. This amount can be obtained through Agri Clinic and Agri Business Center Scheme. The interested person joining this scheme will need 45 days of training. After this, if you are found to be eligible, then NABARD i.e. National Bank for Agriculture and Rural Development (National Bank for Agriculture and Rural Development) will give you a loan.

How to apply for availing Agri Clinic and Agri Business Center Scheme benefits?

If a person wants to take advantage of this scheme then you can visit here .

Now choose a college for training. All these training centers have been linked with the National Agricultural Extension Management Institute (MANAG) Hyderabad, an organization of the Ministry of Agriculture, Government of India. This institute is under the Indian Ministry of Agriculture.

Main Objectives of the Agri Clinic & Agri Business Center scheme:

The government is giving this loan so that a person doing Agriculture Graduate, Post Graduate or Diploma course related to Agriculture can help in doing business related to farming. So, the youth will also get employment and the farmers of that area will also be able to move forward.

Agri loan
Agri loan

Money received under Agri Clinic and Agri Business Center scheme:

After training is completed, the applicants will be provided full help to take loans from NABARD for starting a business related to agriculture. To start the agri business, a loan of up to Rs 20 lakh is given to the applicants (entrepreneurs) and up to Rs 1 crore to a group of five individuals. Adding more to it, 36% subsidy is given to general category applicants and 44% to scheduled caste, tribe and women category applicants on this loan.

For more information on agri business, you can contact toll free number - 1800-425-1556, 9951851556.

Test Your Knowledge on International Day for Biosphere Reserves Quiz. Take a quiz
Share your comments

Subscribe to our Newsletter. You choose the topics of your interest and we'll send you handpicked news and latest updates based on your choice.

Subscribe Newsletters