Aid for farm graduates to set up agri-clinics

Highlights

Agriculture graduates and diploma holders in the district are showing keen interest for setting up agri-clinics and agri-business centres

Agriculture graduates show interest in NABARD scheme

Kakinada: Agriculture graduates and diploma holders in the district are showing keen interest for setting up agri-clinics and agri-business centres taking advantage of the scheme formulated by the National Bank for Agriculture and Rural Development (NABARD).

According to sources, NABARD in consultation with the Union Ministry of Agriculture and select banks had formulated a scheme recently for financing agriculture graduates for setting up agri-clinics and agri-business centres (ACABC).

The scheme will also provide gainful employment to agriculture graduates in new emerging areas in agricultural sector. The agri-clinics are envisaged to provide expert advice and services to farmers on technology, cropping practices, protection from pests and diseases, market trends, prices of various crops in the markets and also clinical services for animal health, etc., that would enhance productivity of crops and animals and subsequently to increase income of farmers. The agri-business centres will also provide farm equipments on hire, sale of inputs and other services. About 44 per cent subsidy will be provided in respect of candidates belonging to SC / ST and 36 per cent subsidy will be provided in respect of candidates belonging to OC/BC till March 31 2017.

The ceiling has been fixed at Rs 20 lakh for individual project. Besides this, NABARD is also extending subsidy for purchase of milch cattle and calves.

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