Atma Nirbhar Bagwani Yojana

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 Government of Arunachal Pradesh, 45% bank finance and 10% beneficiaries contribution. The beneficiary will have to provide a collateral security in the shape of land/property or acceptable guarantee for loan amount exceeding 1.6 Lakhs in case of individual and 10 lakhs for SHGs/FPOs. Under this scheme, the following components are included for availing of bank loan: Arecanut Pineapple Avocado Dragon Fruit Orange Banana Guava Tractor Power Tiller Brush Cutter

Benefits 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.