10. Dos and Don'ts
In order to safeguard the interest of bankers and borrowers, it would be necessary to take certain precautionary measures. As a ready reckoner, some of the important aspects are shown in the form of Dos and Don'ts in Annexure IV for success of the scheme.
11. NABARD's role
NABARD provides refinance support to various eligible financing banks for financing onion storage structures under its normal refinance programme, the guideline for which are issued from time to time. A cheklist to be used by the bankers for submitting the proposal for refinance is given at Annexure V.
Government of India has sanctioned a capital investment subsidy scheme for construction/ modernization/ expansion of cold storages and storages for horticultural produce. The details of the scheme are placed at Annexure VI. NABARD has been made a nodal agency for promoting the activity through credit delivery system.
TECHNO - FINANCIAL PARAMETERS AFDOPTED FOR WORKING OUT THE ECONOMICS OF A 25 MT ONION STORAGE STRUCTURE
||6.5 m X 7.0 m
||Storage space requirement
||4.5 m X 6.0 m
||Natural or forced ventilation maintaining a temperature between 25 and 30 o C with a relative humidity range of 65 to 70 %.
||Clearance of storage platform from the ground
||Height of the storage platform
||90 to 150 cm
||Cost of construction
|| 45000 ( unit cost of 1800 per MT)
||Weight loss in onion upto 3 months
||Onion sold upto 3 months
||Weight loss in onion from 3rd to 6th month
||Onion sold between 3rd and 6th months
||(a) Sale price of onion sold at the time of harvest
|| 2.00 per kg
||(b) Sale price of onion sold upto 3 months
|| 3.50 per kg
||(c) Sale price of onion sold between 3rd and 6th months
|| 5.50 per kg
||Handling/ transport/ grading/ sorting charges
|| 0.90 per kg
||Interest loss to the farmer on 45000
||Life of the storage structure