ARF-BG (Scheme Loan - Bio Gas)
To recycle the organic waste/cow dung for the production of fuel gas and organic fertilizer and to meet the demand for energy & plant nutrients.
Eligibility of borrower
The applicant eligible under the scheme should have a minimum number of cattles (at least 2 cows for 1 m3) prescribed to ensure regular supply of wet dung.
It is also necessary to have adequate space ie (not more than 20 M) adjacent to the borrowers house for construction of digsters and manure pits.
Suitability of the area, viz. soil type temp: condition, closeness of the plant to kitchen, availability of water, distance from drinking water source (ie 15m) also determines loan eligibility under the scheme.
Type of plant & loan amount:
The loan assistance will be for two types of plants viz Deenabandhu model and KVIC model.
The average unit cost fixed by NABARD for different size/capacity of gas plants under the above two models are as given below.
An additional 10% cost, over and above the rates (except for 1 cu.m )will be eligible in hilly region for both the models.
|Model||Unit size||Unit cost||Unit cost||Grace period|
Loans for the repair of defective Bio gas plants at an average cost of Rs 500/plant will be eligible to the borrowers.
Mode of repayment
The loan will be repaid in 7/5 equated annual installments.
The security norms on loans will be as fixed by KSCARDB under schematic loans as per the guidelines issued by RBI/NABARD/RCS from time to time
The interest rate will be fixed by the apex bank from time to time in accordance with the guidelines issued by RCS/NABARD/RBI
The monthly progresses/disbursement statement should be furnished to the apex bank in the prescribed format.