LOAN
As a supplement to the finance of APMC, the Maharashtra State Agricultural
Marketing Board gives some amount as loan to enable APMCs to undertake
developmental programmes. However, MSAMB insists on availing loans from Banks
by the APMCs for their development programmes. The development works include
land, drinking water facility, compound wall, gate, internal roads,
electrification, auction halls and platform, godowns, computers, weigh bridges,
farmers hostel, hamal bhavan, trader's and commission agent's shops, etc. The
loans are sanctioned as per the norms prescribed by MSAMB.
APMCs submit the loan applications with details, which are being processed at
the head office. As per the rules of the Marketing Board, the rate of interest
for development works except construction of shopping complex, are as follows:
| 1 |
All APMC- Shetkari Bazar |
5% |
| 2 |
All APMC- Agri Pledge Loan Scheme |
6% |
| 3 |
Term Loan- Konkan & Tribal Area |
6% |
| 4 |
All APMC- Land purchase, drinking water facility, auction
platform, compound, weigh bridge, grading equipment, sanitary,
road, electrification, work under TMC & other work. |
8% |
| 5 |
Shopping Complex (APMCs of all category) |
10% |
The APMC has to submit a loan proposal along with the following
documents.
-
Loan application in the prescribed form.
-
Loan repayment agreement.
-
Loan hypothecation agreement.
-
Sanction from competent authority for building plan & layout.
-
Approval of Director of Marketing under section 12(1).
The necessary formats for this purpose can be downloaded from the download
option.
The repayment period of loan provided for the following development works is as
follows.
| 1 |
Purchase of Land, Drinking water system,
Auction halls, Compound, Sanitary, Computers and Weigh bridges,
Roads, Shetkari niwas, Electrification, & other facilities
| 10 Years |
| 2 |
Work under Technology mission on Cotton (T.M.C.) |
7 Years |
| 3 |
Traders Shops |
5 Years |
| 4 |
Commercial Complex |
1 Year |
During last 21 years (i.e. from 1985 to March
2008), the Marketing Board has disbursed an loan amount of Rs 98.75
Crore to 203 APMCs in the State, out of which, the outstanding
amount as on 31st March 2008, is Rs. 51.04 Crore.
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