12. Scheme For Financing Development Of Horticulture (Fruits, Flowers & Vegetables) and Plantation Crops:

Purpose:  Financial assistance will be made available mainly for establishment and development of new orchards or groves of fruit crops, plantation crops, ornamental crops, medicinal plants, essential oil/aromatic plants etc, rejuvenation of existing orchards or plantation, raising vegetables ,raising flower crops, inter-cropping in horticultural crops, marketing loan to meet picking, grading, crating, forwarding and transportation costs etc..

Eligibility : Individual farmers or group of farmers with stipulated land holding and public sector undertakings or private firms desirous of seeking financial assistance for plantation of fruit trees or other economic plants on project basis.

Short Term Loan:

Crop Loan: Loan disbursed for raising vegetable crops, flower crops or other inter-cropping shall be recovered within 6-8 weeks of harvest of crop unless loans are given as composite loans taking into account both production and investment credit needs. in such cases, loan would be recovered in 4-5 years.

Marketing Loan: Repayment within 4 months from date of loan. 

Medium Term Loan: Repayment period (inclusive of gestation) in respect of medium term loans shall be in the range of 4-15 years.


13. Scheme For Financing Forestry Development Programmes:

Purpose : term loan shall be provided for the development of nurseries, plantation and raising forestry trees upto harvesting , loan for inter-cropping is also considered depending upon the crops to be grown.

Eligibility : farmers, companies, state undertakings having ownership/ lease-hold/ perpetual tenancy rights over land in their name shall be eligible for availing loan under the scheme.

Scheme for Financing Development of Wasteland (including tree patta scheme):

Purpose : Loan is given for reclamation of soil ,soil conservation measures ,conditioning of land by raising seasonal crops in reclaimed area for initial one/two years, raising of forest tree/pastures in existing wasteland or reclaimed land, creating irrigation potential in wasteland, schematic afforestation of wasteland, tree patta holders under tree patta scheme.

Eligibility: Farmers having land holdings ,panchayats/other bodies having such community land.

Extent of Loan:

i.  need-based loan. 
ii. margin money assistance scheme for development of wasteland:

Eligibility : State government corporations, urban development authorities, public undertakings and semi-governments organisations.

Development of Non-forest Wasteland Under Investment Promotion Scheme:

Eligibility: Projects promoted by individual entrepreneurs and individual/group of farmers,central and state governments undertakings,co-operative institutions,public trusts and societies registered under the societies registration act, corporate bodies registered under the companies act.