Interest Subvention against long terms loan to the Co-operative sugar societies (Normal Area) (Tribal Area)
This scheme has been introduced by the Agriculture, Farmers Welfare and Cooperation Department, Gujarat. It aims to provide interest subvention on long-term loans taken by sugar cooperative societies for payment of sugarcane arrears for the year 2018-19.
States / UT: Gujarat
Nodal department: Agriculture, Farmers Welfare and Cooperation Department
Scheme for: Infra
Scheme profile
Categories: Agriculture,Rural & Environment
Sub-categories: Financial assistance
Target beneficiaries: Registered Societies
Tags: Agriculture, Farmer, Sugar Co-operatives, Terms Loan, Interest Subvention
Details
The scheme "Interest Subvention against long terms loan to the Co-operative sugar societies (Normal Area) (Tribal Area)" introduced by the Agriculture, Farmers Welfare and Cooperation Department, Gujarat, aims to provides interest subvention to sugar cooperative societies that availed loans for the payment of sugarcane arrears for the 2018-19 season. The central government covers 1 year of interest subsidy from the loan withdrawal date, after which the state government continues the subsidy for a maximum of 4 years at the lower of the actual interest or 7%.
Benefits
- Name of the Component Standard of Assistance Minimum Time Limit (in Years) for Reclaiming Benefits Interest Subvention against long terms loan to the Co-operative sugar societies Interest actually paid on the bank loan amount taken by the Sugar Cooperative or 7% or whichever is less for a maximum period of 4 (four) years or interest concession on loan repayment (whichever is earlier).1 year of interest subvention to be paid by the Government of India from the date of withdrawal of this loan on the amount of bank loan taken by the State Sugar Co-operative Societies for affiliated purposes under the announced scheme for soft loan interest subvention on loans obtained for the payment of sugarcane arrears for the year 2018-19 for the respective sugarcane prices. Interest subvention paid by the State Government on interest actually payable or 7 percent or whichever is less for a maximum period of 4 (four) years or till the loan repayment (whichever is earlier)
Name of the Component Standard of Assistance Minimum Time Limit (in Years) for Reclaiming BenefitsInterest Subvention against long terms loan to the Co-operative sugar societies Interest actually paid on the bank loan amount taken by the Sugar Cooperative or 7% or whichever is less for a maximum period of 4 (four) years or interest concession on loan repayment (whichever is earlier).1 year of interest subvention to be paid by the Government of India from the date of withdrawal of this loan on the amount of bank loan taken by the State Sugar Co-operative Societies for affiliated purposes under the announced scheme for soft loan interest subvention on loans obtained for the payment of sugarcane arrears for the year 2018-19 for the respective sugarcane prices. Interest subvention paid by the State Government on interest actually payable or 7 percent or whichever is less for a maximum period of 4 (four) years or till the loan repayment (whichever is earlier)
Eligibility
- Sugar Co-operative Societies which have availed loan for payment of sugarcane arrears for the year 2018-19 for the respective sugarcane prices will be eligible for this scheme.
Exclusions
No exclusions are listed for this scheme yet.
Application Process
Offline
The concerned sugar co-operative societies who are eligible, should send the proposal through the District Registrar of the concerned district to the Director of Sugar, Gujarat State, Gandhinagar.
Office Address and Contact Details of District Registrar: Click here.
Office Address and Contact Details of Director Of Sugar:
Director of sugar
Address: Dr.Jivraj Mehta bhavan, Block No.8 ,2nd floor, Gandhinagar
Phone: 232-53437
Email Us: directorsugar[at]gmail[dot]com
Documents Required
No document list is available for this scheme yet.
Official links
- https://www.myscheme.gov.in/schemes/isaltlcss
- https://agri.gujarat.gov.in/Home/SchemesDetailsPage?Id=zziRlXhnC5iwFvjYX3k+rA==&domain=XWitJVnGypIBbPyRipp0WA==
- https://agri.gujarat.gov.in/ViewFile?fileName=BPU15yCCFnFG3aU8EVKGJ7lSZqskxqNBMkB02hkwK3znkKT2VPjlo3g5QMgwk7LYtdMhCabJQeqtBq5Grdgl2R8t9SWZzq26MwDqKgthqTLwlAfPdi0qmUTYL8VbUe1xq6YC7g2ixcQ3uLjneyFJEg==
References
Opens the official application or programme portal in a new tab. If in doubt, confirm details on the ministry site.
Documents Required for Government Schemes
Most government schemes require basic documents for verification. While the exact requirements vary, common documents include:
- Aadhaar Card
- Income Certificate
- Caste Certificate (if applicable)
- Residence Proof
- Bank Account Details
- Educational Certificates (for student schemes)
How to Apply for Government Schemes?
The application process for government schemes may be online or offline depending on the scheme. In most cases, you can follow these steps:
- Check eligibility criteria
- Collect required documents
- Fill the application form
- Submit the application online or at the relevant office
- Track application status