this presentation is to guide how financial assistance can be taken and how for export purpose for Indian farmers

1. “FINANCIAL ASSISTANCE SCHEMES FOR AGRICULTURE, HORTICULTURE AND MEAT EXPORT” By- PrakashTekam AH-35

2. Introduction Exim Bank extends Lines of Credit (LOCs) to overseas governments, financial institutions, regional banks and other overseas entities, to finance India's exports to those countries. EximBank's LOC is a risk-free, non-recourse export financing option available to Indian exporters for promoting their exports. Under this arrangement, overseas importers are required to pay advance payment to Indian exporters, which is usually 10% of the contract value. Exim Bank pays the balance amount, which is normally 90% of the contract value, to Indian exporters through negotiating banks in India, upon shipment of goods.

4. Finance in agricultural sector Nationalization of banks was a major step for channelizing credit to various sectors of economy of which agriculture is a major sector. A dynamic and growing agricultural sector needs adequate finance through banks to accelerate the overall growth.

5. Following is a list of offers of credit from some of the nationalized banks. Bank Of Baroda Purchase of second hand tractors scheme for dry-land farming Working capital needs to dealers/distributors/traders of agri. Inputs/livestock inputs Hiring agri. machinery Development of horticulture Working capital for units engaged in dairy, piggery, poultry, sericulture etc. Financing Scheduled Caste/Scheduled Tribes for purchase of farm implements, tools, pair of bullocks, creation of irrigation facilities.

6. 2.State Bank of India Storing produce in their own premises and renewal of loans for next season Kisan Credit Card Scheme Land Development Schemes Minor Irrigation Schemes Purchase of combine Harvestor Kisan Gold Card Scheme Krishi Plus Scheme- for customized hiring of tractor to rural youth Arthias Plus Scheme – for Commission agents Broiler Plus Scheme – Broiler farming

7. Meat and Meat Products India ranks top in animal and cattle population. The meat and meat processing industry is still to come up. There are no restrictions on exports of poultry and poultry products. The government provides some transportation subsidies (Rs 3-15 per kg) for its exports. Meat exports have been growing at close to 30% per annum in terms of quantity, which is largely driven by poultry, buffalo, sheep and goat meat. Exports of value added meat products are insignificant. In the domestic market, the growing number of fast food outlets in the country has had a significant impact on the meat processing industry.

8. Financing in Horticulture Loans for development plantation crops(Rubber, Tea, Coffee, Coconut, Arecanut, Pepper, Cardamom etc.), flowers in open and green houses (roses, carnation, chrysanthemums, jasmine etc.) and vegetable crops (potato, tomato, brinjal, gourds, peas etc.) of fruit orchards (mango, Guava, Grapes, etc.,) as well as short term fruit crops(banana, pineapple etc.).

9. Loan Amount Up to Rs. 50,000/- 100 % of the cost of the asset / project cost is provided as loan. For loans above Rs 50000/- 85 % of the cost of the asset / project is given as loan. Short term loans for meeting working capital under Kisan Credit Card scheme. Land records Quotation / estimates for the costs to be incurred. For large projects, detailed project report shall be submitted.

10. The loan repayment starts after the completion of the gestation period varying from 3 to 7 years for different crops. Repayment commences from the time the crop gives economic yield and is linked to the income generation of each crop every year and varies between 7 years to 15 years.

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