Applications invited for free agri-business training
The scheme enables participants to establish agri-based ventures with project costs up to ₹20 lakh, backed by a 36% to 44% subsidy from NABARD. Group ventures involving at least five trained individuals are eligible for subsidies up to ₹1 crore.
The main objective of the programme is aimed at fostering self-employment and supplementing public agricultural extension services.
Candidates aged between 21 and 60 years with degrees or diplomas in agriculture with at least 50% marks and allied disciplines are eligible to apply.
Following the programme, participants must submit viable project proposals to banks for loan processing. No margin money is required for loans up to ₹5 lakh, and collateral security is waived for the same. Repayment periods range from 5 to 10 years, based on project type.
Post-training handholding support is offered for up to one year.
Applications must be submitted online at https://acabcmis.gov.in/ApplicantReg.aspx and a copy, along with qualification certificates, must be sent to CED. Training is scheduled to begin on July 1, following a screening in the last week of June. For further details, contact Nodal officer, CED (Tamil Nadu), Madurai, M. Subburajan at 94860 19477.
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