GOVERNMENT SUBSIDY ON COLD STORAGE MORERNIZATION

Subsidy on Cold Storage Advancement through-Technology Adding-on 

 (Subject to maximum of Rs. 5.00 crore for Cold storage equipment and Rs. 2.50 crore for Modernization)

Government subsidy on cold storage construction after August 2016.
Government has decided to give 50 percent capital subsidy for the construction of cold storage. Subsidy of Rs 2 crore will be given for the construction of cold storage with a capacity of 5,000 metric tonne.
Maximum permissible subsidy shall be subject to original invoices and in no case more than Rs. 7.50 crore, whichever is lower. For add-on technology, subsidy shall be provided as credit linked back ended at 35% of the capital cost.

Technology offers inherent value for operators and the admissible cost norms are designed to incentivize induction and not to serve as venture funding.
Any other components as maybe decided by Technical Committee when new technology or items that reduce carbon footprints are introduced. For individual unit components like insulation, graders, Cold storage generator, solar panels - NCCD shall publish guidelines for use by appraising agency.

Cold Storage Modernization:

I Warehouse Development & Regulatory Authority (WDRA) / Negotiable Warehouse Receipt
(NWR) system,
 Computers and printers & software for use with NWR of WDRA 100% of cost as per original invoice, maximum Rs. 2 lakh.which ever is low.

II Specialized Packaging
Automated packaging lines for fruits & vegetables with farm code labelling 100% of cost as per invoice, maximum Rs. 15 lakh per project.which ever is low.

III High Reach Material Handling  Equipment (MHE)
 Specialized material Handling equipment Rs. 17 lakh per unit, for max 2 units.which ever is low.

IV Dock Levelers
In existing or new storages Max Rs. 7 lakh per unit, max 5 units

V Modernisation of refrigeration
 For upgrading of evaporator system, compressor system 50% of cost as per original invoice, maximum Rs. 100 lakh @ Rs. 2500/MT

VI Modernisation of insulation
For repair or modernising of cold chamber insulation 50% of cost as per original invoice, maximum Rs.100 lakh @ Rs. 1500/MT. which ever is low.

VII Reefer Container
Reefer container for use on existing chassis trailors Max Rs. 6 lakh per 9MT (20 foot container).which ever is low.

VII Advanced Grader
 Computerised, Optical Grading Lines 100% of cost as per original invoice, max Rs. 75 lakh per line

IX Stacking system
 Racking system Bins, Pallets 100% of invoice cost, max Rs 2000/MT.which ever is low.

X Retail Shelf
 Temperature controlled retail cabinets Maximum Rs. 10 lakhs per establishment.which ever is low.

XI  Alternate Technology
Vapour Absorption, Phase change material, Solar PV panels or Solar Thermal sys 100% of cost as per invoice, maximum Rs. 35 lakhs per project. which ever is low.