Godown sahay yojana
Crop Storage Subsidy: The biggest problem for farmers is that the crop has to be sold immediately after the preparation, because there is a lack of storage facility. Even when the price of the market is low, the crop has to be sold in force. Now under the Godown Assistance Scheme, financial support is being given to the farmers to create storage facilities so that they can sell only when they get the right price.
What is a godown assistance scheme and what is its purpose
Various schemes are being implemented by the government to increase the agricultural storage capacity. The purpose of such initiatives is to help farmers build godowns or warehouses at the village level. At the central level, cheap interest loans and assistance are available under the scheme like Agriculture Infrastructure Fund.
With these schemes, farmers can store crops safely and sell when the market price is favorable.
How to get help
Usually a subsidy or interest subsidation is provided for the construction of the godown. The petitioner farmer has to give the details of the land, project plan and bank account details. The amount of subsidy or loan is available after approval.
What will be the benefit to the farmers
The storage facility reduces the loss of crops and does not force them to sell when the price falls. In the long run, income can increase. The godown facility can also be availed by cooperatives and FPOs.
What to consider before applying
Eligibility criteria and subsidy rates can vary according to the state. Apply through the Department of Agriculture or the Bank. It is necessary to prepare the appropriate plan of the project.
Conclusion: The godown assistance scheme strengthens the market ups and downs by providing storage facilities to farmers. Farmers can get financial benefits in the long run by getting the right information and following the official process.
Disclaimer: This article is designed for general information. The specific terms and conditions of assistance may vary according to the state. It is necessary to check the relevant Department of Agriculture or the official portal for accurate information.
