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Government Subsidies for Building Cold Storage in Uttar Pradesh and Bihar

Government Subsidies for Building Cold Storage in Uttar Pradesh and Bihar

Establishing a cold storage facility is crucial for enhancing agricultural productivity and reducing post-harvest losses. Fortunately, both Uttar Pradesh and Bihar offer various government subsidies and schemes designed to support entrepreneurs in this sector. Here’s an overview of the available options and the advantages of partnering with Metro Refrigeration Industries for your cold storage needs.

1. Pradhan Mantri Kisan Sampada Yojana (PMKSY)

  • Objective: This flagship scheme aims to promote agri-processing and strengthen the link between farmers and markets.
  • Cold Storage Subsidy: Under PMKSY, financial assistance is provided for setting up cold storage facilities, covering a substantial portion of the project costs depending on the facility’s size and location.
  • Eligibility: Farmers, cooperatives, and private businesses can apply for this beneficial scheme.
https://www.mofpi.gov.in/sites/default/files/pmksy_booklet_a5_1-20_pg_1.pdf


2. Agricultural and Processed Food Products Export Development Authority (APEDA)

  • Subsidies for Cold Storage: APEDA offers financial support for establishing cold storage and refrigerated transport specifically for exporters of agricultural and processed food products.
  • Export Opportunities: This assistance helps businesses maintain product quality during transportation, enhancing export potential.
https://agriexchange.apeda.gov.in/Ready%20Reckoner/Cold_Storage/Cold_Storage.aspx


3. National Bank for Agriculture and Rural Development (NABARD)

  • Financial Support: NABARD provides loans and financial assistance for setting up cold storage facilities, often at lower interest rates.
  • Infrastructure Development: NABARD collaborates with state governments to fund agricultural infrastructure projects, making it a valuable resource for cold storage investors.
National Bank For Agriculture And Rural Development
Consequent to the announcement of an allocation of Rs. 5,000 crore to NABARD in 2013- 14 and 2014-15 budget for supporting creation of infrastructure for storage of agricultural commodities, Reserve Bank of India (RBI) issued guidelines for creation of Warehouse Infrastructure Fund (WIF 2013- 14 and 2014 -15) in NABARD. The Fund envisages extension of loans to Public and Private sectors for construction of warehouses, silos, cold storages and other cold chain infrastructure. 2. Activities Covered Loans will be provided for projects involving creation of storage infrastructure with a minimum aggregate capacity of 5000 metric tons (MT) for agricultural and allied produce, including construction of: Warehouses Silos Cold storage, Controlled Atmosphere (CA) Stores, other Cold Chain Infrastructure Activities like Pack Houses/ Integrated Pack Houses, Reefer Vans, Bulk Coolers, Individually Quick Frozen Units, Chilling/ Freezing Infrastructure, etc. Construction/ Modernisation/ Upgradation of Marketing Infrastructure Facilities of Agricultural Produce Marketing Committee (APMC). Modernization/ Improvement of the existing storage infrastructure projects will be considered on merit of each proposal provided it leads to Scientific/ Additional storage capacity. There’s no minimum capacity for projects of Governments/ Government owned corporations. 3. Eligible Institutions/Entities State Governments State/ Central Government Owned/ Assisted entities, Cooperatives, Federations of Cooperatives, Farmers’ Producers’ Organizations (FPOs), Federations of Farmers’ Collectives, SPVs set up under PPP mode, etc. Primary Agricultural Credit Societies (PACS)/ Cooperative Marketing Societies (CMS) or similar institutions. Corporates/ Companies/ Individual Entrepreneurs etc. Agricultural Produce Marketing Committees (APMCs) Additional Information
https://www.nabard.org/content1.aspx?id=571&catid=8&mid=8

4. State-Specific Schemes

  • Uttar Pradesh: The state government offers incentives for establishing cold storage facilities, including financial assistance and interest subsidies. Interested parties should consult the Uttar Pradesh Agriculture Department for specific programs and eligibility.
Yogi govt to offer facilities, subsidies to investors setting up food processing units in UP
Lucknow (Uttar Pradesh) [India], June 2 (ANI): In an attempt to boost the food processing sector in the state, Chief Minister Yogi Adityanath has launched Uttar Pradesh Food Processing Industry Policy 2023. Under this scheme, all kinds of subsidies and other facilities are being given for setting up the food processing units, an official statement […]
https://theprint.in/india/yogi-govt-to-offer-facilities-subsidies-to-investors-setting-up-food-processing-units-in-up/1609026/
  • Bihar: Similar initiatives exist in Bihar, promoting the establishment of cold storage to minimize post-harvest losses. The Bihar Agriculture Department can provide guidance on available subsidies.
Bihar to Establish Cold Storage Facilities in 12 Districts | Patna News - Times of India
Bihar's agriculture minister announces plans to set up cold storage facilities in 12 districts lacking essential infrastructure for preserving agricultural products.
https://timesofindia.indiatimes.com/city/patna/bihar-to-establish-cold-storage-facilities-in-12-districts/articleshow/112180550.cms

5. Integrated Cold Chain and Value Addition Infrastructure Scheme

  • Objective: This scheme encourages the development of cold chain and value addition infrastructure, aimed at reducing wastage and improving the shelf life of agricultural products.
  • Support Offered: The scheme provides grants and subsidies for cold storage projects across India, benefiting entrepreneurs in Uttar Pradesh and Bihar.

How to Apply for Subsidies

  1. Research: Start by exploring the specific subsidies available through government websites and agricultural departments in your state.
  2. Prepare Documentation: Compile necessary documents such as project proposals, cost estimates, and proof of eligibility.
  3. Submit Application: Applications can often be submitted online or through designated government offices. Ensure you meet all eligibility criteria for a successful application.
  4. Follow Up: After submitting your application, maintain contact with relevant authorities to monitor the progress.

Advantages of Partnering with Metro Refrigeration Industries

When building a cold storage facility, consider the numerous benefits of partnering with Metro Refrigeration Industries:

  1. Cutting-Edge Technology: Metro utilizes the latest Indo-American technology in our refrigeration systems, ensuring precise temperature and humidity control. This is essential for maintaining the freshness and quality of stored products like onions.
  2. Energy Efficiency: our advanced systems are designed to optimize energy consumption, significantly lowering electricity bills and operational costs. This energy efficiency directly contributes to enhanced profitability.
  3. Over 40 Years of Experience: With more than 4 decades of expertise in the refrigeration industry, Metro provides reliable and durable solutions, ensuring minimal downtime and consistent storage conditions for your produce.
  4. Turnkey Solutions: Metro offers comprehensive turnkey cold storage solutions, managing every aspect from design to installation. This streamlines the setup process, allowing you to focus on growing your business.
  5. Humidity Control: Effective control of humidity and moisture levels is critical for preventing spoilage. Metro’s systems are designed to handle these variables, ensuring optimal storage conditions.
  6. Proven Track Record: Partnering with a company that has worked with prestigious clients like Amul, Adani, Patanjali, and others provides credibility and confidence in the quality of your cold storage solutions.

Conclusion

Investing in cold storage in Uttar Pradesh or Bihar is a lucrative opportunity, bolstered by various government subsidies and programs. By taking advantage of these initiatives and partnering with Metro Refrigeration Industries, you can significantly reduce costs, enhance operational efficiency, and ensure the quality of your products. This strategic approach not only improves your profitability but also contributes to reducing post-harvest losses and enhancing food security in the region.

For more details visit Industrial Ammonia Refrigeration Compressor Manufacturer

or directly call us +91 88266 77754

for more related blog visit : https://metrorefrigerationindustries.blogspot.com/

Welcome to Metro Refrigeration Industries, your trusted partner in delivering advanced cold storage solutions across diverse industries. Specializing in potato and onion cold stores, dairy storage, meat processing plants, pharmaceutical and chemical plants, we ensure your perishable goods stay fresh and secure. Our expertise in cold chain logistics and industrial refrigeration provides a seamless experience, from storage to delivery, keeping products in optimal condition. At Metro Refrigeration Industries, we offer turnkey solutions tailored to your needs, featuring reciprocating compressors, air cooling units, bunker coils, ammonia canned pumps, and ammonia valves. Whether you're handling frozen food, frozen vegetables, breweries, or beverages, our custom-built systems ensure energy-efficient operations, reducing costs and enhancing product quality. With a focus on reliability, energy savings, and sustainability, Metro Refrigeration Industries is committed to helping businesses thrive in today's competitive market. Join us to explore the next generation of cold storage and refrigeration solutions designed for maximum efficiency and performance.

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