A. SCHEME FOR FINANCING DEVELOPMENT OF WASTELAND (INCLUDING TREE PATTA SCHEME)
PURPOSE:
• Reclamation of soil, soil conservation, conditioning of land, raising of forest trees/ pastures in existing wasteland or reclaimed land, creation of irrigation potential, schematic afforestation of waste land
• Financing to tree patta holders under Tree patta scheme,
• Loan for development of non-forest wasteland under the investment promotion scheme,
• Setting up of nurseries, etc.
ELIGIBILITY:
• Individual farmers having land holding (either as owners or on the basis of long term tenancy /lease hold rights), which are degraded due to soil salinity, alkalinity, water erosion etc.
• Panchayats/other bodies having such community land.
• Deptt. of wasteland development provides subsidy ranging from for on-farm development activities only.
Extent Of Loan: Need based. Project report for reclamation/ conservation of soil to be verified by soil conservation Officer/ Agricultural University/ Krishi Vigyan Kendra/ Agriculture Dept./ Forest department.
REPAYMENT: Repayment period may range between 5 to 15 years. (Gestation period may be up to 36 months)
B. FINANCING UNDER PNB GRAM UDAY:
OBJECTIVE: To increase productivity of land and convert degraded land to arable land.
PURPOSE: may be given for the following purposes:
• Reclamation of soil i.e. removal of salinity/alkalinity, water logging, etc.
• Soil conservation measures to prevent wind erosion and water erosion like leveling, bunding, contouring, terracing, etc.
• Conditioning of land by raising seasonal crops in reclaimed area.
• Purchase of inputs like seeds, bio-fertilizers, biopesticides, vermi compost, Farm Yard Manure (FYM), fruit & vegetable waste, compost, etc. for organic farming.
ELIGIBILITY:
• Owner cultivators and their SHGs/ Joint Liability Groups.
• Applicant should have soil health card
NATURE of Facility: Term Loan
EXTENT OF LOAN: Need based, Maximum upto Rs.100000
REPAYMENT: Maximum 5 years (Gestation Maximum 1 year)