1. Venture Capital: To promote investments in agri-business projects with the participation of banks
 

a) Equity participation in agri-projects upto 10% of the total project cost, or 26% of the total project equity or Rs.75 lakhs whichever is lower. b) In special cases, higher equity possible for Projects located in hilly and North Eastern States and in Projects recommended by State agencies/ State SFACs.

2. Project Development Facility(PDF) : To provide financial assistance to farmers, Producer Groups, Agripreneurs, Units in Agri-Export Zones, Organizations and Agriculture graduates for the preparation of bankable Detailed Project Reports (DPR).


3. Eligible Criteria for funding
 

a) Project should be in agriculture or allied sector namely horticulture, floriculture, medicinal and aromatic plants, minor forest produce, sericulture, organic farming, vermi compost, apiculture, plantation crops, and fisheries. However, poultry and dairy projects will not be covered under the scheme. b) Project should provide assured market to farmers/ producer groups c) Project should encourage farmers to diversify into high value crops, to increase farm incomes d) Project should be accepted by banks for grant of term loan