Circulars

Clarification on eligibility of Standalone Cold Storage under AMI sub-scheme of ISAM

Ref.No.DBOD./PD-GSS/1689/AMI-01/2021-22

Dated: 29 March 2022

Circular No. 46 / Refinance Department- 09/2022

Chairman / Chief Executive Officer / Managing Director

All Scheduled Commercial Banks

State Co-operative Bank / State Co-operative Agriculture and Rural Development Bank

Regional Rural Banks / Primary Urban Co-operative Banks

Small Finance Bank / NBFC / NBFC-MFI /

Subsidiaries of NABARD

Other Institutions eligible for NABARD Refinance Scheme

madam/Sir,

Clarification on eligibility of Standalone Cold Storage under AMI sub-scheme of ISAM

Please refer to the AMI sub-scheme of ISAM Operational Guidelines issued vide our Circular No. 283/DoR 68/2018-19 dated 26 November 2018. In this connection, we advise that DMI, MoA&FW, GoI has provided the following clarification regarding the eligibility of Standalone Cold Storage under the scheme.

i. Standalone Cold Storage projects will not be eligible for subsidy under the AMI sub-scheme of ISAM beyond 1000 MTs capacity, as it comes under negative list.

ii. However, as mentioned in para 4.9 of the Operational Guidelines of AMI sub-scheme – “Standalone standardized cold storage units as per standards promoted by NCCD upto 1000 MTs is allowed as per MIDH cost norms for all the eligible beneficiaries subject to eligibility of the subsidy given under para 9.2 for non-storage infrastructure.”

2.You may please advise your Controlling Offices/District Central Cooperative Banks (in case of State Cooperative Banks) and branches accordingly.

Yours faithfully

(Nivedita Tiwari)
general manager

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