Under NPOF scheme, assistance upto 25% and 33% of financial outlay upto a ceiling of Rs. 40 lakhs and Rs. 60 lakhs respectively is provided as back ended subsidy through NABARD for establishment of bio- pesticides/biofertilizers production units and agro waste compost production units respectively. Besides, under National Horticulture Mission (NHM) and Horticulture Mission for North East & Himalayan States (HMNEH), financial assistance is provided for setting up vermi-compost production units @ 50% of the cost subject to a maximum of Rs. 30,000/- per beneficiary, for adoption of organic farming @ Rs.10,000/- per hectare for maximum area of 4 hectare per beneficiary and for organic farming certification @ Rs.5.00 lakh for a group of farmers covering an area of 50 hectares. Assistance for promotion of organic farming on different components are also available under RKVY with the approval of State Level Sanctioning Committee. Under National Food Security Mission (NFSM) on Pulses, including Accelerated Pulses Production Programme (A3P), assistance for popularizing Rhizobium culture/Phosphate Solubilising bacteria is provided to the farmers under cluster demonstrations.
Similarly, under Initiative for Nutritional Security through Intensive Millets Promotion (INSIMP) Programme, Phosphate Solubilising Bacteria/Azotobacter culture is provided to the farmers as part of technology demonstration. Further, under National Project on Management of Soil Health and Fertility (NPMSH&F) financial assistance of Rs 500 per hectare is provided to promote use of organic manure. The financial assistance is provided on the basis of project proposals received from States including Maharashtra. Indian Council of Agricultural Research (ICAR) under Network Project on Organic Farming, with lead centre at Project Directorate for Farming Systems Research Modipuram is developing package of practices of different crops and cropping system under organic farming in different agro-ecological regions of the country. As a result India exported agri-organic products of total volume of 160276.95 MT and realization was around Rs.1155.81 crores in year 2012-13.
Powered by Capital Market - Live News
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
