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HOME > Policies & Schemes > Agro Industrial Policy > Guidelines for Entrepreneurs > Procedure for Availing Incentives
Agro Industrial Policy

III.

PROCEDURE FOR AVAILING INCENTIVES :

 


Q 1.

How to avail incentives ?

ANS.

1.1 Agri Business Registration Number (ABRN):
The entrepreneur is required to obtain ABRN with GAIC for availing assistance under different schemes of the policy. GAIC has prepared ABRN form to get general project information from the entrepreneur. Having registered, the details can be used by GAIC whenever application is received for various kinds of assistance available under the policy. Thus, ABRN will save inconvenience of furnishing details repeatedly and avoid duplication work. ABRN shall also help to have continuous interaction with the entrepreneur.

1.2 Interest Subsidy :
The entrepreneur is required to furnish information in the application form for availing assistance for agro industrial project, agri infrastructure project and center for excellence. He is required to prepare the detailed project report and get it appraised by the financial institution providing term loan for the proposed project. The interest subsidy shall be granted towards interest on term loan from nationalised banks and financial institutions recognised by Reserve Bank of India. In case the term loan is granted by a co-operative bank, the entrepreneur is required to get the project appraised by GITCO or such organisation nominated by GAIC. The cost of the appraisal shall be borne by the entrepreneur.

The entrepreneur shall get back ended interest subsidy after the project has commenced the commercial production. The certificate from the bank/ financial institution is required to be submitted before disbursement of subsidy can take place. The interest subsidy payable to the entrepreneur will be sent directly to the bank / financial institution.

1.3 Other Subsidies :
GAIC has prepared forms for availing assistance for preparation of Project Report, Patent Registration, Quality Certification Mark, Air Freight subsidy. Sending samples in foreign country for exports, Research & Development. The entrepreneur is required to furnish the information in these forms alongwith enclosures to GAIC.

Application forms can be obtained from GAIC as well as District Industries Center (DIC). These forms are made available on line on Website of GAIC gujagro.com and iNDEXTb gujaratindustry.gov.in

For More Information Click List of District Industries Center

1.4 Sanctioning Authority :
The Committee under the Chairmanship of Commissioner of Industries, shall sanction back ended interest subsidy to tiny and small scale agro industries, project report subsidy for obtaining patent registration, quality certification mark and air-freight charges.

The Empowered Committee under the Chairmanship of Chief Secretary shall take policy decisions for effective implementation of Agro Industrial Policy to accelerate investment in agro industrial sector in the State and sanction back ended interest subsidy to medium and large scale units, agri infrastructure projects, centre of excellence and R&D Projects.

The sanction letter shall be issued by GAIC.

1.5 Disbursement:
Payment of financial assistance shall be made by GAIC


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GUJARAT AGRO INDUSTRIES CORPORATION LTD.
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