Financing of Horticulture projects approved by National Horticulture Board.
Examples of Projects under the scheme are :
- Commercial production of fruits.
- Commercial production of flowers like gerbera, geranium, orchids, roses, vegetables, aromatics and medicinal plants etc. under controlled climatic conditions in Poly houses, Green Houses, Net houses etc.
- Biotechnology-tissue culture based commercial production of plants.
- Commercial production of bio-pesticides, bio- fertilizers, organic food.
Rate of Interest :
|UP to Rs. 50000/-
||1.50% over Base Rate
| Above 50000 & upto Rs. 2 lac
||2.50% over Base rate
| Above Rs. 2 lac
||3% over Base Rate.