Implementation Modalities for Commercial Agri …

1 Implementation Modalities for Commercial agri - enterprise (CAE) The prospective entrepreneur has to subm it an application online ( ) and submit the generated copy to the Dist. Nodal officer (Dist. level officer co ncerning to the sector) enclosing all the details. The D ist. Nodal Officer will intimate the entrepreneur to deposit the refundable security amount of Rs 1 0000/- in his office irrespective of the project cost, which will be refunded at the time of disbursal o f subsidy or else, it will be forfeited in case of non-establishm ent of the unit. For bank finance cases, if the bank will not sanction the loan, then the security amount will also be refunded. After depo siting the security amount, the DPR will be submitted to the nodal officer by the applicant.

2 Upon receipt of the project report from the entrepreneur, the concerned Dist. Nodal Officer will table the propo sals before the scrutiny subcommittee for approval. After approval, the no dal officer will issue go-ahead letter. The scheduled date for completio n of the project will be maximum 2 years from the date of issue of go-ahead letter. Failure to submit the completio n certificate within 2 years will auto matically debar the entrepreneur from availing the CIS. After completio n of the project, the application for Capital investm ent subsidy shall be made by the beneficiary in the prescribed format required bills/vouchers etc. to the District Nodal Officer and the Lending Bank, who in turn will take steps for evaluation of the project within project cost of Rs 1.

3 00 crore. For project cost beyond Rs crore, the completio n papers will be fo rwarded to APICOL and the lending Bank for action at their level. Evaluation will be done separ ately by the Dist nodal officer and the lending bank(for projects within crore) and the lowest of the evaluation reports will be tabled before the dist level scr utiny subcommittee for sanction of CIS . Similarly, evaluation will be done separ ately by AP ICOL empanelled evaluators and the lending bank (for pr ojects above 1 .00 crore) and the lowest of the evaluation reports will be tabled before the State Level Committee for sanction of CIS. After ev aluation of the projects within Rs 1 .0 0 crore, the District Nodal Officer will furnish the repo rt in Annexure VI and table it befo re the scrutiny subcommittee for sanction of subsidy.

4 He will also upload the scanned copy of evaluation report in the portal for approval of the Chairman of the scrutiny subcommittee. The Chairman will approve the particular project on line for disbursal of subsidy . After receipt of advice from the Dist. No dal officer, the of Agriculture will credit the CIS directly in the account of the entrepreneur through RTGS. PROCESS FLOW DIAGRAM OF CAE