Subsidy(APICOL)

Agricultural Promotion and Investment Corporation of Odisha Limited (APICOL)

Government of Odisha have lunched APICOL  as a special drive to provide self-employment for unemployed youths. Main objectives of APICOL are:-

1)       To provide necessary information regarding the scope of commercial and export oriented agriculture in the state of Odisha

2)       To formulate schemes for bankable projects

3)       To identify Entrepreneurs, guide and train them

4)       To provide escort services to houses engaged in agri-business

5)       To provide incentives under Agriculture Policy for Agro Industries & Food Processing Industries

APICOL is also the Nodal Agency for the schemes of MFPI and acts as the virtual office of The Agricultural and Processed Food Products Export Development Authority (APEDA) in Odisha which mainly promotes the processing & export of animal products.

The activities/projects are called as Commercial Agri Enterprise under this scheme are enterprises including horticulture, floriculture, agro based industries, food processing industries, bio-technology and modern farming techniques. Projects based on Agriculture, Animal husbandry, fisheries are eligible in this scheme.

INCENTIVES AVAILABLE THROUGH APICOL

Government of Orissa will extend financial assistance in shape of Capital Investment Subsidy (CIS) up to 50% of the capital cost (excluding cost of land) subject to a maximum limit of Rs. 50.00 Lakhs against each Commercial Agri Enterprise

Capital Investment Subsidy               

  1) General Male:@ 40% of Capital Investment excluding cost of land Max. Up to Rs. 50.00 Lakhs    

  2) SC/ST/Women / Graduates in Agril and allied discipline @ 50% of Capital Investment excluding cost of land Max. Up to Rs. 50.00 Lakhs

Eligible Commercial Agri Enterprise (CAE) under Fisheries & Animal husbandry sector

a)       Commercial Meat, Egg & Fish production

b)       Commercial Calf rearing centre

c)       Commercial goat / sheep/ pig rearing centre

d)       Dairy farming & milk processing industry

e)       Meat processing unit

f)        Veterinary Clinic

g)       Cattle and Poultry/fish feed Plant

h)       Poultry hatchery and breeder farm

i)         Fingerling production

j)        Enzymes & vitamins from agri-horti-fish & animal products

k)       Fish/prawn processing units

l)         Integrated farming

 

Minimum Unit size for availing Capital Investment Subsidy(CIS) in animal husbandry sector

Unit

Capacity (minimum)

Dairy( C.B.cow/buffalo)

20

Broiler

4000

Layer

10000

Sheep/Goat/Pig

100

Fish

2 ha area

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