CAPITAL INVESTMENT SUBSIDY SCHEME (CISS) FOR RURAL …apgb.in/files/1_8_539aea25691fb.pdfFor godowns...
Transcript of CAPITAL INVESTMENT SUBSIDY SCHEME (CISS) FOR RURAL …apgb.in/files/1_8_539aea25691fb.pdfFor godowns...
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ANDHRA PRAGATHI GRAMEENA BANK
HEAD OFFICE :: KADAPA
Circular No.202–BC-CD-2013 Date: 11.11.2013
CAPITAL INVESTMENT SUBSIDY SCHEME (CISS) FOR RURAL GODOWNS
- REVISED OPERATIONAL GUIDELINES Ref: 1) DESK GUIDE ON ADVANCES 2) Circular No.189-2009-BC-CD dt.25.08.2009 3) Circular No.213-2009-BC-CD dt.25.09.2009
4) Circular No.19-2012-BC-CD dt.24.01.2012
5) Circular No.45-2012-BC-CD dt.23.02.2012
Attention of the Branches/Regional Offices/Societies is drawn to the cited references,
wherein detailed guidelines were issued on Capital Investment Subsidy Scheme (CISS)
for Rural Godowns. Now, modified/revised operational guidelines for Rural Godowns
Scheme have been received from NABARD/Govt., of India for the year 2013-14, which
are reproduced here under.
SALIENT FEATURES:
Eligible Organizations :
i) The projects for construction of rural godowns can be taken up by individuals,
farmers, Group of farmers/growers, Partnership/Proprietary firms, Non-Government
Organisations (NGOs), Self Help Groups (SHGs), Companies, Corporations, Co-
operatives, Federations, Agricultural Produce Marketing Committees, Marketing
Boards and Agro Processing Corporations in the entire country. Projects for
renovation of rural godowns under the above scheme can be taken up by
cooperatives only.
Size :
i. Under the scheme, entrepreneur will be free to construct godown at any place, as per
his / her commercial judgement except for restriction that it would be outside limits of
Municipal Corporation area and be of minimum capacity of 100 Metric tonnes.
ii. Rural godowns of smaller size upto 50 tonnes capacity will also be eligible as a
special case, based on viability. In hilly areas*, rural godowns of smaller size upto
25 tonnes capacity will also be eligible for subsidy. In case, the capacity of godown
is 1000 MT & above, the promoter has to execute an under taking (Annexure-V)
stating that he / she would comply with the Negotiable Warehouse Receipt System
(NWRS).
iii. Godowns built under the scheme shall be structurally sound on account of engineer-
ing considerations and functionally suitable to store agricultural produce. To ensure
scientific construction and operation of rural godowns, entrepreneurs will be required
to obtain license from State Warehousing Corporations to operate such godowns
under State Warehousing Act.
iv. Subsidy under the scheme is linked to Institutional credit and will be available to only
such projects as are financed by Commercial Banks, Cooperative Banks and Regional
Rural Banks. Loans to entrepreneurs from Banks for construction / renovation /
expansion of godowns would carry an adequate long term repayment period.
Depending upon the cash flow, the term loan would carry an adequate long term
repayment period, not less than 5 years including a grace period of one year.
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v. Assistance under the scheme will be on capital cost of construction of godown only,
including allied facilities like consumer cooperatives, agri clinics, weighing, grading,
packaging, quality certification, warehousing etc., to meet various requirements of
farmers. The promoter has to execute an undertaking, if he /she is not filing IT
returns, in the form of a Notarised Affidavit (Encl. to Annexure –III) to the effect that
his / her major source of income i.e. more than 50% of income is from Agriculture
for the last 3 years. In this regard, the branch also has to give a certificate
(Annexure – III) and submit the same along with enclosure (Encl. to Annexure-III).
vi. Farmers keeping their produce in godowns will be eligible to avail pledge loan on
hypothecation of their produce. The terms and conditions as enunciated under
produce loans shall be followed while arranging such type of loans to the farmers.
vii. Rural godowns constructed in food parks promoted by Ministry of Food Processing
Industries will also be eligible under the scheme for assistance, provided the same is
in rural area and satisfy other conditions of the scheme.
viii. The NABARD also informed that
a) the godowns constructed with common wall are also eligible to receive subsidy
under the captioned scheme. However, the total project cost and corresponding
subsidy is required to be reduced to account for common wall.
b) The pre-engineered building structured godowns would also be eligible for
subsidy under Rural Godown scheme provided all the laid down norms /
conditions under the operational guidelines of the scheme are fulfilled.
c) The provision of minimum percentage of term loan is waived subject to ensuring
minimum prescribed percentage of owner‟s contribution and financial implication
in terms of subsidy outgo remaining unchanged in case of units sanctioned
during 11th five year plan and rendered ineligible under the scheme on account of
minor shortage in the minimum percentage of term loan under the project, till
implementation of amended provision.
ix. The scheme shall be implemented by Directorate of Marketing and Inspection (DMI),
Faridabad, an attached office of Department of Agriculture and Cooperation. The
branches shall invariably verify the checklist (Annexure IX) and ensure that all the
required documents are submitted for claiming advance subsidy or for taking up
joint monitoring inspection or for claiming final subsidy, as the case maybe.
All Rural Godowns to be constructed under the Scheme in future, should be
confirming to the technical specifications relating to the implementation of the
Negotiable Warehouse Receipt System (NWRS). The rural godowns of 1000 tonnes
capacity and more shall be considered as eligible for assistance under the Scheme, only
on giving an undertaking along with the application that they would be implementing the
Negotiable Warehouse Receipt System. DMI in consultation with the Department of Food
and Public Distribution and NABARD shall modify godown specifications to meet the
requirements of implementation of Negotiable Warehouse Receipt System and NABARD
shall ensure that these specifications are in-built in the eligibility criteria for giving
subsidy to the rural godowns of any size under the Scheme.
Training :
A general awareness programme on the scheme for the farmers and a training
programme for the entrepreneurs for construction, maintenance and operation of rural
godowns will be organised by the Charan Singh National Institute for Agriculture
Marketing, Jaipur (NIAM) and other National/State Level Institutions.
Implementation Period: Implementation of the scheme shall be for the year 2013-14.
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Insurance:
It will be the responsibility of the owner of the godown to have the insurance for the
godown.
Subsidy:
Rate of subsidy shall be:
1. 25% OF THE CAPITAL COST OF THE PROJECT TO ALL CATEGORIES OF FARMERS
(OTHER THAN Women Farmers), agriculture graduates, cooperatives and
State/Central Warehousing Corporations subject to a maximum ceiling on subsidy
of Rs.2.25 crore. The capacity ceiling for the purpose of subsidy is 30000 metric
tonnes. No maximum ceiling on subsidy in the case of cooperatives assisted by
NCDC.
2. 33.33% of the capital cost of the project in case of projects located in North-
Eastern States, Sikkim and hilly areas subject to a maximum ceiling on subsidy of
Rs.3.333 crore. The capacity ceiling for the purpose of subsidy is 25000 metric
tonnes. No maximum ceiling on subsidy in the case of cooperatives assisted by
NCDC.
3. 33.33% of the capital cost of the project in case of SC/ST entrepreneurs, Women
Farmers and their Co-operatives in other than North-Eastern Regions, Sikkim and
hilly areas, subject to a maximum ceiling on subsidy of Rs.3.00 crore. The
capacity ceiling for the purpose of subsidy is 30000 metric tonnes. No maximum
ceiling on subsidy in the case of Cooperatives assisted by NCDC.
4. 15% of the capital cost of the project to all other categories of individuals,
companies & corporations etc., subject to a maximum ceiling on subsidy of
Rs.1.35 crore. The capacity ceiling for the purpose of subsidy is 30000 metric
tonnes.
5. For renovation of godowns of cooperatives with the assistance from NCDC –
Project cost as appraised by the Bank / NCDC or actual cost or Rs.750/- per MT of
the storage capacity, whichever is lower.
Capital cost of the project for release of subsidy:
a. For godowns upto 1000 tonnes capacity – Project cost as appraised by financing
Bank or actual cost or Rs.3500/- per MT of storage capacity, whichever is lower;
b. For godowns exceeding 1000 tonnes capacity – Project cost as appraised by
Bank or actual cost or Rs.3000/- per tonne of storage capacity, whichever is lower.
For North-Eastern region / hilly areas, normative cost will be Rs.4000/- for MT or as
appraised by Bank / Financial institution, whichever is lower irrespective of godown
capacity.
c. For renovation of godowns of cooperatives with assistance from NCDC – Project cost
as appraised by the Bank / NCDC or actual cost or Rs.750/- per MT of the storage
capacity, whichever is lower.
Revised cost norms are applicable for the Financial Year 2013-14 and projects already
sanctioned prior to this period will not be covered under the revised capital cost norms.
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Note:
* Hilly areas : Where the project site is located at a height of more than 1000 meters
above Mean Sea Level (MSL).
Branches and Regional Offices are advised to take note of the above guidelines wh`ile
financing Rural Godowns. The NABARD has advised to ensure that the subsidy claims
originating at the branch level are carefully scrutinized at the controlling office level and
the claims, which are complete in all aspects and duly authenticated should be submitted
to NABARD in the prescribed formats. NABARD will not process and return the claims,
which are not in the prescribed format and are deficient / incomplete in any respect.
The NABARD is the nodal agency for administering subsidy of the Govt. of India under
Grameen Bhandaran Yojana (GBY). Since the budgetary resources of GoI are involved,
it is necessary to exercise utmost care and ensure that the subsidy is utilised in the
manner prescribed by the GoI and claims are made accordingly. The NABARD also
informed that they have observed the following short comings in many of the claims
submitted by the Banks to NABARD.
Copy of detailed project report is not enclosed.
Approved lay out plan clearly indicating location and dimension not enclosed.
Copy of sanction letter with project appraisal note not enclosed.
Copy of land documents (tile / lease deed) not enclosed.
Certificate from financing Banks with regard to category of promoter (if promoter
is not an IT assessee, then original notarised affidavit (Encl. to Annexure – III)
from promoter/s that their major source of income is from agriculture. If he /
she is an income tax assessee, copy of IT returns for the last 3 years. Original
notarised affidavit from promoter that he / she will not avail subsidy for the
project from any other source.
Undertaking in original (Annexure V) by promoter that he / she would comply
with Negotiable Warehouse Receipt System (NWRS), in case the capacity
of rural godown is 1000 MT and above, for the proposed godowns.
The NABARD also informed that “ it’s a matter of serious concern that officials of
some Banks at the branch and controlling office levels authenticate incorrect
and incomplete information and submit the same to NABARD.” Hence, NABARD
advised to properly verify the claims to avoid further correspondence and delay
in processing of such claims as the onus of submission of timely and correct
claims and proper utilization of GoI subsidy lies solely with the implementing
Bank.
The Branches / Regional Offices are advised to carefully scrutinize all the claims and
ensure that they are complete in all respects and submit two sets in the prescribed
formats i.e. Annexure-I for advance subsidy & Annexure-II for final subsidy to Head
Office through concerned Regional Office for onward submission to NABARD.
The Regional Offices shall submit a consolidated statement (Annexure VII) indicating
location of projects sanctioned, approved outlays, subsidy component (The information
with break-up maybe furnished for projects sanctioned to farmers/SC/ST entrepreneurs
and their co-operatives based on the capacity of Godowns separately).
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The said progress report (Annexure VII) indicating physical and financial achievements
shall be submitted by Branches to ROs, every month by 10th day of succeeding month.
The Regional Offices shall submit a consolidated statement to HO every month by 12th
of succeeding month and the Head Office will submit the consolidated report to
Directorate of Marketing and Inspection.
In case of Rural godowns for which the advance subsidy was already released in the
years shown in the following table, the GoI has decided to stipulate the following time
limit for submission of request for Joint Monitoring Inspection (JMI), conduct of JMI and
submission of final subsidy claims. The Proforma in Annexure-VI shall be used for joint
inspection of Rural Godown.
Advance subsidy released by NABARD
Time limit
Upto March 2007 30.11.2013
2007-08 31.12.2013
2008-09 31.01.2014
2009-10 28.02.2014
2010-11 31.03.2014
2011-12 30.04.2014
The Branches / Regional Offices are advised to strictly follow the above time limit for
completion of JMI and submission of claims for final subsidy. The GoI also advised to
strictly adhere to the stipulated time limits and if a project is not completed within the
stipulated time, it may not be considered eligible for subsidy and the advance subsidy
may be refunded.
The branches are advised to submit the subsidy claims with full details in the required
format to respective Regional Offices and the Regional Offices are advised to thoroughly
scrutinize the claims and ensure to submit the claims to Head Office, CRD, in full shape
without fail.
The branches are required to submit Utilization Certificate in Annexure VIII after
completion of the project to Head Office, Credit & Recoveries Department through
respective Regional Office.
Clarifications required, if any, on this circular may be sought from Credit & Recoveries
Department, Head Office.
(V.KRISHNAMACHARY)
GENERAL MANAGER
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ANNEXURE –I
FORMAT FOR PROJECT PROFILE -CUM -CLAIM FORM FOR CLAIMING 50% ADVANCE
SUBSIDY/REFINANCE
(TO BE SUBMITTED BY BANK IN TRIPLICATE TO NABARD WITH A COPY TO DMI)
CAPITAL INVESTMENT SUBSIDY SCHEME FOR CONSTRUCTION/ RENOVATION OF RURAL
GODOWN.
PART- I
(For use by Bank)
1. i) Name & address of project including Tahsil/Taluka/District
ii) Whether located in NE States/Hilly areas i.e., above 1000 MSL
2. i) Name and address of promoter.
ii) whether belongs to SC/ST / their cooperative, if yes, specify :
iii) whether farmer*/agriculture graduate/SWC/CWC/Cooperative
a) If farmer, whether a small farmer**
iv) whether individual/company/corporation/others
* farmer is a person whose main source of income is from Agriculture.
** Small farmer is a person having less than 2.5 acres of irrigated land or 5 acres of dry land.
3. Entitlement of subsidy (15%/25%/33.33%)
4. Name & address of financing bank
5. Date of receipt of proposal/application.
6. a) Amount of loan sanctioned
b) Date of sanction of loan
c) Date of disbursement of first instalment
7. Item wise financial projections
As per project As appraised report (Rs) by bank (Rs.) i) Land
ii) Godown
iii) Allied facilities
a) Boundary wall
b) Internal road
c) Others (to be specified)
Total outlay :
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8. Means of finance
As per project As appraised
report (Rs) by bank (Rs.)
• Promoters contribution
• Bank loan
• Any other source
Total:
9. Capacity of godown:
No. of chambers Size Capacity (cu.mtrs) (in tones)
i) New unit to be created
ii) Existing unit, if any
ii) Renovation of
Cooperative godowns
10. Rate of interest ( to be charged) %
11. Brief coverage on technical feasibility and financial viability.
12. Other relevant information including as to whether the godown would be for self use/to be
leased out to private or Govt. agencies/to store farmers produce on rent and commodity to be stored.
13. The project has been appraised and found to be technically feasible and financially viable.
We intend/do not intend to avail of refinance from NABARD. The refinance amount is Rs._____________(if to be availed).
14. An amount of Rs._________(Rupees__________________________) being the 50% of the
eligible amount of subsidy may please be released in respect of the project for crediting to the “Subsidy Reserve Fund Account – Borrower-wise”.
15. We note that a time limit of 15 months is stipulated for completion of the project from
the date of disbursal of first instalment of loan. If reasons for delay in completion of the project are justified, a maximum grace period of up to 6 months may be allowed for
completion of project. We also note that the advance subsidy has to be refunded forthwith if the project is not completed within the above stipulated period and as per the broad parameters of the scheme. It is further noted that in case of any delay in refund of subsidy, the participating bank/beneficiary will be liable for payment of penal interest. It is also confirmed that the project does not fall within a Municipal Corporation area.
(___________________)
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Place :
Seal and signature of the Date: Authorised signatory of Bank
Enclosures – 1) Project report 2) Land documents 3) Loan sanction letter issued by competent authority 4) Brief coverage on technical feasibility & financial viability
5) Proof of category 6) Affidavit of the beneficiary that he has not availed/shall not avail subsidy for the project from any other source.
PART-II
(For use of RO, NABARD)
(A) For use by RO, NABARD
Advance subsidy
The claim of advance subsidy of Rs.______________ is forwarded herewith for release of the
same.
Date: (_______________)
Authorized signatory,
Regional Office, NABARD.
(B) For use by NABARD
Scheme Code
State Code District Code
Project Code
Bank Code
An amount of Rs.______________ is released as advance subsidy on ___________(name of the bank) vide subsidy disbursement advise no.________________(copy enclosed). This
amount may please be replenished/adjusted by DMI.
Date: (_______________)
Authorized signatory, Head Office, NABARD.
(C ) For use by HO, DMI
An amount of Rs._________________as advance subsidy against above mentioned claim is hereby released/replenished to NABARD vide D.D No.__________________dated _______________________drawn on ________________(Bank)
Date: (_______________)
Authorized signatory, Head Office, DMI
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ANNEXURE – II
FORMAT FOR CLAIMING FINAL INSTALMENT OF SUBSIDY
(To be submitted by Bank in triplicate to NABARD with a copy to DMI)
To
(1) The Regional Office, NABARD, APRO, Hyderabad.
(2) Dy. Agricultural Marketing Adviser, Directorate of Marketing & Inspection, Green House
3rd
Floor, Block 1, Sultan Bazar, Hyderabad-5000195 Ph.040-4657446
CAPITAL INVESTMENT SUBSIDY SCHEME FOR CONSTRUCTION / RENOVATION OF RURAL GODOWN.
(For use by Bank)
1. i) Name & address of project including Tahsil/Taluka/District
ii) Whether located in NE States/Hilly areas i.e. above 1000 MSL
2. i) Name and address of promoter.
ii) whether belongs to SC/ST / their cooperative, if yes, specify :
iii) whether farmer*/agriculture graduate/SWC/CWC/Cooperative
a) If farmer, whether a small farmer**
iv) whether individual/company/corporation/others
* farmer is a person whose main source of income is from Agriculture.
** Small farmer is a person having less than 2.5 acres of irrigated land or 5 acres of dry land.
3. Entitlement of subsidy (15%/25%/33.33%)
4. Name & address of financing bank
5. Date of receipt of proposal/application.
6. a) Amount of loan sanctioned
b) Date of sanction of loan
c) Date of disbursement of first instalment
d) Date of disbursement of last instalment
e) Total loan amount disbursed
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7. Item wise cost of project
As per project As appraised Actual cost report by Bank
i) Land
ii) Godown
iii) Allied facilities
a) Boundary wall
b) Internal road
c) Others (to be specified )
Total :
8. Source of finance
As per project As approved Actual report (Rs) by bank (Rs.) (Rs.)
• Promoters contribution
• Bank loan
• Any other source
Total
9. Capacity: No. of chambers Size Capacity ( cu.mtrs). (in tones)
i) New capacity created
ii) Existing unit, if any
iii) Renovation of Cooperative godowns
10. Total entitlement of subsidy Rs.
11. Amount of advance subsidy released Rs.
12. Balance subsidy to be released Rs.
13. Date of sanction of refinance by NABARD
14. Date of amount of refinance released by NABARD
15. Construction/renovation has been carried out as per technical parameters envisaged under the project.
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16. Since the project is complete as per terms and conditions stipulated under the scheme and final inspection of godown has been conducted, an amount of
Rs.____________________(Rupees _______________________) being the final instalment of subsidy may please be released for crediting to the “Subsidy Reserve Fund Account – Borrower-wise”.
17. The following documents are enclosed :-
a) Copy of Joint Inspection Committee Report.
b) Compliance report from bank, if any
c) Completion certificate signed by promoter and verified by Joint Inspection Committee.
d) Proof of category
(___________________)
Place : Seal and signature of the Branch Manager of Bank
Date :
PART-II
(For use of RO, NABARD)
(A) For use by RO, NABARD
An amount of Rs._________________ as final instalment of subsidy towards the above claim of __________________(name of the bank) in respect of ______________________________(name of the project) may be released.
Date:
(_______________)
Authorized signatory, Regional Office, NABARD.
(B) For use by NABARD
Scheme Code
State Code
District Code
Project Code
Bank Code
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An amount of Rs.______________ is released as final subsidy on ___________(name of the bank) vide subsidy disbursement advise no.________________(copy enclosed). This amount may please be released by DMI.
Date:
(_______________)
Authorized signatory,
Head Office, NABARD.
(C ) For use by HO, DMI
An amount of Rs._________________as final subsidy against above mentioned claim is hereby replenished/adjusted to NABARD vide D.D No.__________________ dated _______________________drawn on ________________(Bank)
Date:
(_______________)
Authorized signatory,
Head Office, DMI
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To be given on Bank‟s letter head
ANNEXURE III
C E R T I F I C A T E
Branch:
Date:
The Chief General Manager,
National Bank for Agriculture and Rural Development,
Andhra Pradesh Regional Office,
1-1-61, RTC „X‟ Roads,
Musheerabad,
Hyderabad – 500 020.
This is to certify that Shri / Smt. _____________________________________, S/o / W/o Sri
______________________________________________________is constructing a rural godown
individually / jointly / in partnership with * _______________________ at __________________
s(survey No. & address) _____________________(village) _______________________Mandal
_______________________District _______________________by availing loan from our Bank.
As per the affidavit executed by the promoter, duly supported by the Tahsildar‟s certificate on
Income and / or IT returns submitted by the Promoter for the last three financial years* the major
source of income for the promoter is from agriculture / business *. As per the latest declaration
for the year ended 31.03._____________, the promoter has a total annual income of
Rs.________________ from all sources out of which income from agriculture is Rs.____________
constituting _________%. We have, therefore, categorized the status of borrower as farmer /
individual / ___________________*.
* strike out whichever is not applicable.
Signature with seal
BRANCH MANAGER
Encl: Copies of Affidavit, Tahsildar‟s certificate, IT Return filed by the promoter Note: i) This certificate is furnished to categorise the status of the borrower
(Farmer / Individual) for determining his / her subsidy eligibility.
ii) In case of partnership, the income certificate may be furnished for all the partners,
separately.
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ENCLOSURE TO ANNEXURE-III
(Affidavit to be submitted by borrower who is not filing IT returns)
ON A NON-JUDICIAL STAMP PAPER
AFFIDAVIT
I/ We, _______________________________________________________(name of the
borrowing agency / borrower), represented by ______________________________(Proprietor /
Managing Partner / Authorised Signatory / etc. (strike out whichever is not applicable), solemnly
affirm as follows:
I/We have been sanctioned a term loan of Rs._____________ by _________________________
branch of _______________________________ bank for establishment / setting up of rural
godown under Gramina Bhandaran Yojana at __________________________________ (complete
address / location of the project) in _______________________district, Andhra Pradesh.
I / We am / are holding the following agricultural lands.
S.No. Village / Mandal / District Survey No. Extent in acres
1
2
I /We declare that my / our main source of income I from agriculture and I am / We are not an
Income tax assessee.
I / We also affirm solemnly that in case the information furnished by me / us is found to be
incorrect at any stage, I / We shall repay the subsidy amount together with interest applicable as
per prevailing norms and shall also be liable for prosecution.
I / We also affirm that the declaration / certificate give above is true and fair to the best of my
knowledge and belief.
Date: Signature
Place:
Seal of the firm: (Name of Beneficiary / Authorised Signatory)
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ANNEXURE - IV
ON A NON-JUDICIAL STAMP PAPER (TO BE NOTARISED)
AFFIDAVIT
I / We, _________________________________________ (name of the borrowing agency /
borrower), represented by _______________________________________ (Proprietor /
Managing Partner / Authorised Signatory etc., (Strike out whichever is not applicable), solemnly
affirm as follows:
I / We have been sanctioned a term loan of Rs.__________________ by ____________________
branch of _______________________________________Bank for establishment / setting up of
___________________________________________(name of the project) at ________________
___________________________________________________ (complete address / location of
the project) in _____________________District, Andhra Pradesh. The financing bank has
submitted the captioned proposal to National Bank for Agriculture and Rural Development, Andhra
Pradesh Regional Office, Hyderabad for sanction and release of eligible subsidy under the
Grameena Bhandaram Yojana, a Capital Investment Subsidy Scheme for Construction of Rural
Godowns of Ministry of Agriculture, Government of India.
I / We also affirm solemnly that we have not availed any subsidy for the above mentioned project
from any Government of India / State Government agency or any other source.
I / We, further solemnly affirm that we shall not avail subsidy for this project located at the
aforesaid address from any Government of India / State Government agency or any other source
other than the above mentioned scheme.
I / We also affirm that the declaration / certificate given above is true and fair to the best of my
knowledge and belief.
Date: Signature
Place:
Seal of the firm: (Name of Beneficiary / Authorised Signatory)
(The affidavit is to be signed by the borrower and countersigned by the Branch Manager of the financing Bank).
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ANNEXURE - V
UNDERTAKING FOR NEGOTIABLE WAREHOUSE RECEIPT SYSTEM (NWRS)
I / We, _________________________________________ (name of the borrowing agency /
borrower), represented by _______________________________________ (Proprietor /
Managing Partner / Authorised Signatory etc., (Strike out whichever is not applicable), solemnly
affirm as follows:
I / We have been sanctioned a term loan of Rs.__________________ by ____________________
branch of _______________________________________Bank for establishment / setting up of
___________________________________________(name of the project) at ________________
___________________________________________________ (complete address / location of
the project) in _____________________District, Andhra Pradesh. The financing bank has
submitted the captioned proposal to National Bank for Agriculture and Rural Development, Andhra
Pradesh Regional Office, Hyderabad for sanction and release of eligible subsidy under the
Grameena Bhandaram Yojana, a Capital Investment Subsidy Scheme for Construction of Rural
Godowns.
I / We undertake that I / We will be implementing the Negotiable Warehouse Receipt System
formulated by DMI in consultation with the Department of Food and Public Distribution and
NABARD.
I / We undertake to construct the Godown as per the technical specifications relating to the
implementation of the Negotiable Warehouse Receipt System (NWRS).
Date: Signature
Place:
Seal of the firm: (Name of Beneficiary / Authorised Signatory)
(To be submitted for godowns with capacity of 1000 MT and more)
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ANNEXURE-VI
PROFORMA FOR JOINT INSPECTION REPORT OF GODOWN CONSTRUCTED UNDER GRAMEEN BHANDARAN YOJANA
Date of Inspection:
1. Members of Joint Inspection Committee
Organization Name Designation Address
i) NABARD
ii) Financing bank
iii) DMI
2. i) Name & address of project including Tehsil/Taluka/District
ii) Whether located in NE States/Hilly areas i.e., above 1000 MSL
3. i) Name and address of promoter.
ii) whether belongs to SC/ST / their cooperative, if yes, specify :
iii) whether farmer*/agriculture graduate/SWC/CWC/Cooperative
a) If farmer, whether a small farmer**
iv) whether individual/company/corporation/others
* farmer is a person whose main source of income is from Agriculture.
** Small farmer is a person having less than 2.5 acres of irrigated land or 5 acres of dry land.
4. Rate of entitlement of subsidy i.e. 15% / 25% / 33.33%
5. Use of godown
i) Own use/to store farm produce on rental/to be
leased out to private or Govt. agency ii) Commodity(ies) to be stored
6. Name & address of financing bank
7. i) Date of sanction of loan
ii) Amount of loan sanctioned
iii) Date of disbursement of first instalment
iv) Date of disbursement of last instalment
v) Total loan amount disbursed
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8. i) Date of completion of the project
ii) Date of intimation of completion to NABARD & DMI
9. Item-wise cost of project
As per Project Report As appraised Actual
(Rs.) by Bank (Rs.) (Rs.)
i) Land
ii) Godown
iii) Allied facilities
a) Boundary wall
b) Internal road
c) Others (to be specified )
Total :
10. Source of finance
As per project As approved Actual report (Rs) by bank (Rs.) (Rs.)
• Promoters contribution
• Bank loan
• Any other source
Total
11. Capacity: No. of chambers Size Capacity (cu.mtrs.) ( in tonnes)
i) Capacity created
ii) Existing unit, if any
iv) Renovation of cooperative godowns
12. Total entitlement of subsidy Rs.
13. Amount of advance subsidy released Rs.
14. Balance subsidy to be released Rs.
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15. a) Whether project completed in time
b) Whether construction/renovation has been carried out as per technical parameters envisaged
under the scheme,
c) If not, please specify the deviation(s).
d) Whether the godown has been insured
16. Recommendations of the Joint Inspection Committee
(Signature and date)
(i) NABARD
(ii) Financing Bank
(iii) DMI
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ANNEXURE-VII
PROGRESS OF CAPITAL INVESTMENT SUBSIDY SCHEME FOR RURAL GODOWNS
SANCTIONED/PENDING SCHEME (ABSTRACT)*
STATUS AS ON _________
Sl.No. State Name
of the
project
Location Capacity
(tonnes)
TFO
Sanct-
ioned
Bank
loan
Promoter’s
Contributi-
on
Total
eligible
subsidy
Subsidy released to
financing banks
Advance Final Total
* The above information break-up may be furnished for projects sanctioned to farmers/small farmers/SC/ST entrepreneurs and their cooperatives separately.
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ANNEXURE - VIII
FORMAT FOR UTILIZATION CERTIFICATE
(FOR THE USE OF FINANCING BANK TO BE SUBMITTED, IN TRIPLICATE, TO THE REGIONAL OFFICE OF NABARD)
CAPITAL INVESTMENT SUBSIDY SCHEME FOR CONSTRUCTION/ RENOVATION OF RURAL GODOWNS
1. Name, address/location of the project:
2. Name and address of the beneficiary :
3. Name and address of the financing bank :
4. Date of sanction of loan by bank :
5. Date of inspection by Joint Inspection Committee :
6. Date of completion of the project :
7. (i) Total financial outlay - Rs.
(ii) Margin money - Rs.
(iii) Bank loan - Rs.
(iv) Subsidy received
Date of receipt of amount from NABARD (Rs.)
Date of credit to the Subsidy Reserve Fund a/c of the borrower
(a) 50% Advance Subsidy
(b) Final installment of subsidy
----------
Total
======
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8. (i) Capacity created
Volume
(cubic mtrs.)
Capacity
(in tonnes)
No. of
Chambers
(a) New Unit
(b) Renovation
9. Rate of interest charged by financing bank - % p.a.
a) In the case of CBs-PLR - % P.A.
b) In the case of others-
PLR of Convener bank of SLBC
10. The bank has/has not availed of refinance from NABARD.
11. This is to certify that the full amount of subsidy received in respect of the above
project has been fully utilized (by way of crediting to the “Subsidy Reserve Fund Account – Borrower-wise) and adjusted in the books of account under the sanctioned terms and conditions of the project and within the overall guidelines of the scheme.
Place
Date Seal and Signature of the
Branch Manager (Financing bank)
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ANNEXURE IX
Capital Investment Subsidy for Construction / Renovation of Rural Godowns
A. Checklist of documents required for claiming Advance Subsidy (only one copy)
Document No.
Particulars of document Remarks
A-1 Forwarding letter of Controlling Office of the financing branch. The advance subsidy claim application of financing branch should be routed through the Controlling Office to NABARD clearly certifying that all documents as per this check list are enclosed.
The complete address with telephone / fax numbers of the controlling office as well as the financing branch are required to be furnished.
A copy of the letter together with a copy of the claim application should be endorsed to the Directorate of Marketing & Inspection, South Central
Region, II Floor, Kendriya Sadan, Sultan Bazar, Hyderabad – 500 095.
A-2 Advance subsidy claim applicant as per format in Annexure-I of Guidelines on Capital Investment Subsidy Scheme (CISS) issued by GoI.
A-3 Copy of project report with item-wise details of costs, total outlay, bank loan and margin submitted by the Promoter.
A-4 Copy of the approval / NOC of Gram Panchayat for construction of godown at proposed site, copy of the approved plan / map and civil drawings clearly indicating the dimensions and capacity.
A-5 Copy of the loan sanction letter of the bank along with Project appraisal note of the bank.
A-6 Copy of land documents where the godown is going to be constructed.
A-7 Bank‟s certificate on category of the Promoter as per format enclosed. To determine the category as farmer the following procedure may be adopted. (i) In the case of promoter who is filing income Tax Returns, copies of the IT Returns of the last three years may be submitted for
deciding his / her major source of income and accordingly the category could be decided. The promoter may be classified as farmer only if the
Income from Agriculture is more than 50% of his / her total income for all the three years.
(ii) In case of promoter who is not filing IT returns, a Notarised affidavit in original from the borrower to the effect that his / her major source of income is from agriculture may be obtained by the financing bank, along with Tahsildar‟s certificate and the farmer / non-farmer category could be accordingly decided.
(iii) In case of SC/ST entrepreneur and Cooperative, certification by the competent authority should be obtained.
A-8 Notarised Affidavit in Original executed by the promoter on a non-judicial stamp paper stating that he has not availed / shall not avail subsidy for the project from any other source.
A-9 Copy of duly registered partnership deed, if it is a partnership firm.
A-10 Individual total income of which agricultural income particulars of each partner.
A-11 Undertaking in original given by the promoter that he / she would comply with the Negotiable Warehouse Receipt System for Godowns with a capacity of 1000 MT & above.
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B. Documents to be submitted while approaching NABARD for taking up Joint Monitoring
Inspection
Document No.
Particulars of document Remarks
JM-1 Banks specific request for taking up Joint Inspection of the Project
interalia certifying that:
The construction of godown has been completed in all respects within the
stipulated time period (i.e. maximum of 21 months including grace period
of 6 months from the date of first disbursement of loan).
The Advance subsidy of Rs._________ lakh has been received and kept in
Subsidy Reserve Fund a/c of the borrower / Promoter on which no interest
is charged.
A Sign Board has been exhibited at the godown site indicating that the
godown has been „Assisted under Gramin Bhandaran Yojana of Ministry of
Agriculture, Government of India.”
All the related documents mentioned herebelow have been obtained and
kept on record for verification.
List of documents to be obtained by the financing bank
JM-2 Completion certificate signed by the Promoter and Licensed Engineer
indicating the date of completion & actual capacity of the godown.
JM-3 Item-wise actual cost of construction of the godown and the cost incurred
on provision of amenities duly certified by the licensed Engineer and
verified by the Branch Manager.
JM-4 Certificate issued by the lincened Engineer that the Godown has been
constructed as per specifications of APSWC / CWC / CPWD and is fit for
scientific storage of food grains and agricultural produce.
JM-5 Licence issued by the competent authority for commissioning of the
Godown / Warehouse obtained.
JM-6 Valid Insurance Policy of the godown.
Documents to be obtained by the financing branch at the time of submitting claim for release of Final Subsidy
F -1 Claim application (as per Annexure II to Operational guidelines) to
NABARD with a copy endorsed to DMI, Hyderabad for release of final
subsidy through the Controlling Office.
F – 2 Copy of Joint Inspection Committee report signed by the Bank, NABARD &
DMI Officials
F - 3 Inspection report of the financing branch certifying that the observations
of Joint Monitoring Committee have been complied with.