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  • Biotechnology - Tissue culture & Hybrid seed productions
  • Floriculture – Cut flower cultivation
  • Mushroom production
  • Aquaculture - shrimp aquaculture
  • Bio-fertilizers, high value integrated poultry, post harvest management like pre-cooling, processing and preserving of fruits and vegetables etc.

  • Background of promoters - age, qualification, experience in the related fields, income tax and wealth tax assessment orders for the last 3 years.
  • Write up on the group companies if any, their activities, marketing net work, audited balance sheet for last 3 years and highlights of last 3 years of major concerns.
  • Availability of technically qualified/experienced person on the board.
  • Auditor's certificate regarding capital to be invested in the project.
  • Proposed share holding pattern.

Characteristic features

The Characteristic features of Hi Tech agriculture technology includes


  • Innovation
  • Sophistication & precision
  • Labour saving
  • Capital intensive
  • Mass production
  • Efficiency High Productivity
  • Quality automation and superior
  • High value /value added products technology
  • High density planting

Government and Other Clearances for Eligibility:


  • Land conversion if required
  • SLA Approval for foreign collaboration for 100% Export Oriented Units (EOU)
  • Green card for 100% EOU
  • Foreign Investment Promotion Board (FIPB) approval if stipulated
  • RBI approval for Technology transfer fees
  • Import and Export code (RBI) & from Director General of Foreign Trade (DGFT)
  • Pollution Board Clearance
  • Agricultural Processed Foods Export Development Authority (APEDA) registration.
Quantum

    Based on project cost and need based

    Financial Analysis / Economic Viability

    • Cost comparison with existing , preferably recently implemented /proposed project should be made.
    • Projects should be analyzed on the basis of its strength, weakness, opportunities & threats (SWOT Analysis)
    • Financial appraisal of the project must be made with reference to internal rate of returns (IRR) , debt equity ratio, Debt service coverage Ratio (DSCR), break even analysis, pay back and fund flow.
Margin Up to Rs.1.60 lakhs - Nil
Above Rs.1.60 lakhs -15-25%
Security
  • Up to Rs 1.60 lakhs – Hypothecation of assets created out of bank loan,
  • above Rs 1.60 lakhs – Hypothecation of assets plus mortgage of land to the tune of 125% of loan amount.
Repayment Period 7 to 15 years based on the income generation capabilities and economic life period of asset for Term loan. Working Capital based on project cycle.
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Last updated on 25-07-2024 02:55 PM

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