Yes, now you can start your extra income by helping farmers with the help of Godown scheme proposed by the Government of India also known as Gramin Bhanadarn scheme. This scheme was launched by the government during 2001 -20002
What is Rural Godowns Scheme:
Rural area is always been neglected. Financial growth is non-existence in rural places. Big industries avoid small rural areas to invest and expand their business kingdom. To avoid the state of ignorance Government of India launched the godown scheme. The government of India supports to an individual, farmer, local government, and NGO’s build godown in rural areas.
Capital Support Given by Government:
The government will provide the 25% of the capital investment made in such venture. This capital investment will raise to 33.33% if godown is built or renovated by the woman farmer.
Godown Space Minimum Requirement:
Godown which is renovated or build in rural area should have a good capacity in terms of storage.
Minimum Capacity: At least capacity of the godown to store is 100 tonnes of grains.
Maximum Capacity: Whereas maximum storage capacity of the godown is identified as 10,000 tonnes to avail the grain storage.
However, if someone is staying in the area which needs the godown very badly then government comes two steps forward to support them and ready to change the minimum/maximum criteria of the storage area. These places are entitling to receive get 25% of support for even 50 tonne facility.
Who are Eligible for Godown Scheme?
- Non-Individual who are interested for sharing basis.
- Non-Government Organisation, NGO’s
- SHGs Self Help Group
- Local Bodies
- Municipal Corporation
- Market Boards
- Agro Processing Corporation
All above entities in the entire countries are entitles to avail Government of India’s entitled Godown Scheme.
If you have good land space then you can think over to build a Godown which will ultimately help farmers to store their produce as well as you can will get the good income source. Main motive behind the godown scheme is to enable farmers to store their grains to avoid any sort of the distress selling. It is the well-known fact that small farmers do not have the financial strength to retain grains with themselves till the market prices are favorable. This scheme will enable farmers to retain their farming produce as long as they wish.