SUBSIDY ON CAPITAL INVESTMENT

Growing awareness for healthy and safe food has underlined the importance of organic farming, which is a comprehensive system based on the fundamental principle of minimising the use of external inputs and avoiding the use of synthetic fertilisers and pesticides.  In view of this challenge, under National Project on Organic Farming, a Capital Investment Subsidy Scheme for Commercial Production Units for organic and biological inputs has been introduced. The scheme is implemented by the Department of Agriculture, Cooperation and Farmers’ Welfare through the National Centre of Organic Farming in collaboration with National Cooperative Development Corporation (NCDC) or NABARD.  In this article, we will look at Capital Investment Subsidy Scheme in detail.