Credit Linked Subsidy Scheme for Rural Entrepreneurs to set up Custom Hiring Centres (CHC) of Farm Machinery
in West Bengal
Last updated:
Key dates and updates (West Bengal)
Nationwide and West Bengal-specific milestones. Verify on the official portal before you apply.
| Milestone | Date |
|---|---|
| Scheme launch |
Credit Linked Subsidy Scheme for Rural Entrepreneurs to set up Custom Hiring Centres (CHC) of Farm Machinery in West Bengal
Credit Linked Subsidy Scheme for Rural Entrepreneurs to set up Custom Hiring Centres (CHC) of Farm Machinery is a government scheme available to eligible residents of West Bengal.
Apply for Credit Linked Subsidy Scheme for Rural Entrepreneurs to set up Custom Hiring Centres (CHC) of Farm Machinery in West Bengal
Scheme Overview
“Credit Linked Subsidy Scheme for Rural Entrepreneurs to set up Custom Hiring Centres (CHC) of Farm Machinery” by the Agriculture Dep, Government of West Bengal aims to provide opportunity to rural entrepreneurs for setting up of Custom Hiring Centres.
Eligibility Criteria
- Individual farmers registered under Krishak Bandhu (New) Scheme.
Or,
Groups like SKUS/PACS/FPO/FPC/FIG/SHG duly graded /LAMPS etc. approved/recognized by any Govt. Institutions/Departments are eligible to set up CHC.
- The project cost/Total Financial Outlay (TFO) should be between minimum ₹20,00,000/-to maximum as per [SMAM Guideline](https://agrimachinery.nic.in/Files/Guidelines/smam.pdf) and SPMT recommendation.- The applicant should have sufficient land under his possession (own land/leased/hired) for setting up the CHC.
- The land in question must belong to “commercial or bastu or viti” category.
- The age of the beneficiary should be minimum 18 years at the time of application.
Benefits
> **Pattern Of Assistance:**
The maximum subsidy will be limited to 40% of the Total Financial Outlay(TFO) (TFO = indicative cost of machinery including transportation + AMC for 3 years + cost of open shed + insurance for 1 year).
Minimum TFO would be ₹20,00,000/- and the maximum would be as per SMAM Guideline and SPMT recommendation. An individual entrepreneur shall avail subsidy amounting ₹16,00,000/- or 40% of the TFO whichever is less to set up CHC.
The maximum amount allowed for the cost of open shed for machinery will be limited to 5% of the TFO and total ancillary cost (other than machinery) should not exceed 10% of TFO.
An individual entrepreneur shall avail subsidy amounting ₹16,00,000/- or 40% of the TFO whichever is less.
**Note:**
The applicant will have to deposit margin money of a minimum amount of 25% of TFO to the financing bank before release of subsidy by the DDA (Admn.) to the Bank and remaining amount will be bank loan.
No machine/equipment will be procured by the Government. The Government will only release subsidy as back ended subsidy against procurement by the beneficiaries as per their choice under CHC with Bank Loan. The subsidy will be released through DBT mode to the concerned bank branch to subsidy reserve fund/loan account for CHC.
The subsidy will only be applicable for purchase of farm machinery/equipment from the approved Farm machinery Manufacturers and Dealers as enlisted in the Departmental portal.
A beneficiary or his/her spouse will not be eligible to apply afresh before completion of 4(four) years from release of the last subsidy for CHC scheme from the State under this Guidelines.
The subsidy will be provided from SDS and different CSS like RKVY- Cafeteria, SMAM, NFSM( Pulse/Rice/Nutri Cereals), TRFA ( Pulse/Coarse Cereals), NMEO for implementation of CHC.
Required Documents
| # | Document |
|---|---|
| 1 | Proforma Application Form, properly filled in, |
| 2 | Proof of Citizenship (EPIC), |
| 3 | Krishak Bandhu ID No (Visit here to Check your Krishak Bandhu ID), |
| 4 | Copy of AADHAAR card, |
| 5 | PAN Card, |
| 6 | Self-authenticated photocopy of updated bank pass-book, (Savings Bank/ Current Account in the same branch where subsidy will be transferred and kept under “lock-in” in SRF Account). |
| 7 | Title Deed/ROR (Records of Right) /Lease Certificate/Rent Receipt of land, |
| 8 | Detailed project report, |
| 9 | Quotations, |
| 10 | Vetted plan & estimate for shade of CHC etc., |
| 11 | Resolution of the organization regarding authorization of signatory in the application. |
Common questions in West Bengal
Who can apply for Credit Linked Subsidy Scheme for Rural Entrepreneurs to set up Custom Hiring Centres (CHC) of Farm Machinery in West Bengal?
Eligible residents of West Bengal who meet the scheme’s overall criteria can apply for Credit Linked Subsidy Scheme for Rural Entrepreneurs to set up Custom Hiring Centres (CHC) of Farm Machinery. Refer to the eligibility section above for the complete checklist.
What documents are required for Credit Linked Subsidy Scheme for Rural Entrepreneurs to set up Custom Hiring Centres (CHC) of Farm Machinery in West Bengal?
Applicants in West Bengal typically need identity proof (Aadhaar), state residency proof, bank account details, and any scheme-specific documents listed in the documents section.
What are the important dates for Credit Linked Subsidy Scheme for Rural Entrepreneurs to set up Custom Hiring Centres (CHC) of Farm Machinery?
Key dates are summarized in the table on this page, from 22 April 2014 through 22 April 2014, based on values DeshSeva currently stores for this item.
Frequently Asked Questions
"One Time Assistance to Small and Marginal Farmers for Purchase of Small Farm Implements (OTA-SFI)" by the Agriculture Department, Government of West Bengal aims to aid the farmers in procuring manually operated small farm implements necessary for agricultural operations.