ANBY

The schemes are part of the Atma Nirbhar program announced during the Budget session held in February this year. A total amount of Rs 120 crores – Rs 60 crores for each scheme has been allocated to the two concerned departments of Agriculture and Horticulture.

Atma Nirbhar Bagwani Yojana is an umbrella scheme wherein all the schemes are subsumed under a bank-linked credit subsidy scheme, which will have a time-bound implementation and participation from various stakeholders – Government, Bank, Project Consultants, and Progressive Farmers. The beneficiaries under the scheme will be eligible for 45% subsidy from the Government of Arunachal Pradesh, 45% bank finance, and 10% beneficiary's contribution. The beneficiary will have to provide collateral security in the shape of land/property or an acceptable guarantee for a loan amount exceeding 1.6 Lakhs in case of individuals and 10 lakhs for SHGs/FPOs. Under this scheme, the following components are included for availing a bank loan:

• Arecanut

• Pineapple

• Avocado

• Dragon Fruit

• Orange

• Banana

• Guava

• Tractor

• Power Tiller

• Brush Cutter

The applicant must be a resident and farmer of Arunachal Pradesh.

• Atmanirbhar Bagwani Yojna is basically meant for the cultivation of fruits like apples, walnut, orange, kiwi, and persimmon.
• The line of credit will be provided by the State Bank Of India, Arunachal Pradesh Rural Bank, and Arunachal Pradesh Cooperative Apex Bank.
• 45 percent will be given by the government subsidy, 45 percent as bank loan and 10 percent will be contributed by the farmer.
• There is no collateral for loans up to Rs 1.60 lakh.
• For SHGs, no collateral is needed up to Rs 10 lakhs.