PURPOSE:
• Development of nurseries, Plantation and raising of forestry trees including cost of development of land, plantation/ digging of pits/raising bunds, creation of irrigation facilities, purchase of farm equipments, fertilizers, pesticides, seedlings, labour charges, etc.
• Loan for inter cropping, Bamboo plantation, Production of Tree Borne Oilseeds etc.
ELIGIBILITY:
• Farmers/SHG/JLG/ Companies/State Undertakings having ownership or lease hold/perpetual tenancy right over the land.
• The land proposed for raising forest plantation should be marginally degraded/ waste lands.
EXTENT OF LOAN: Need based.
REPAYMENT: Forest plantation: Loan for scheme where trees are grown should be repaid within maximum period of 15 years including grace period of maximum 6 years.
Short term loan for nursery: As per KCC Scheme.