The National Bank for Agriculture and Rural Development (Nabard) has released Rs 5.26 crore as subsidy to Kerala under the Centre’s Capital Investment Subsidy Scheme and another Rs 15.24 lakh under the National Project on Organic Farming.
Under the Capital Investment Subsidy Scheme, the farmers are assisted by way of subsidy ranging from 15 per cent to 33.33 per cent of the project cost for construction of rural godowns, cold storages and creation of other marketing infrastructure in rural areas.
The scheme also aims at promoting enhancement of returns to the producers through reduction of market intermediaries, standardisation and quality certification.
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