RAJASTHAN AGRO-POLICY,2019-WAREHOUSE CENTERED

Introduction

The government of Rajasthan has issued Rajasthan Agro-Processing, Agri-Business and Agri-Export Promotion Policy, 2019 in order to make Rajasthan a production and supply hub of processed agricultural products and a destination of choice for investors, processors and exporters. The scheme shall remain in force up to 31st March 2024. We have covered scheme benefits and conditions that apply only to the construction of warehouses.

Construction of Warehouses has been covered under the sub-heading of “Infrastructure Projects” in the list of Eligible Sectors in the policy.

Benefits Available

 

Subsidy

Calculation

Maximum Amount

Capital Investment Subsidy (CIS) 25% on expenditure incurred on P&M and Technical Civil Work 50 Lacs
Interest Subsidy 5% on Term loan for a max period of 5 years or till repayment of the loan, whichever is earlier 100 Lacs
Additional Interest Subsidy 1% additional in case of 100% ownership of SC/ST/Women or young entrepreneurs below 35 years of age OR units setup in TSP/Backward Districts OR units with 100% ownership of farmers/FPOs/FPCs
Electricity Tariff/Solar Energy Subsidy Reimbursement of Tariff subsidy @1.0 per Kwh for 5 years OR Additional Capital Subsidy of 30% of the cost of solar plant 2 lacs per year OR 10 Lacs

Considerations for Warehouses

  1. Maximum admissible cost : Rs. 3000 per MT
  2. Calculation of capacity of warehouses :
  • If average height 4.5 metres and above : Capacity is 1.8 MT per square metre of floor area
  • If average height less than 4.5 metres : Capacity is 0.4 MT per cubic metre of storage volume
  1. The height of the warehouse infrastructure will be measured from the floor level to the bottom of the In case of warehouse infrastructure with RCC roof, the height to be considered will be height of the ceiling minus one meter.
  2. Warehouses are to be constructed as per Central Warehousing Corporation (CWC) or Food Corporation of India (FCI) standards.