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Subsidy %

The document discusses financial assistance rates under the SPTF scheme for tea plantations. It provides loan and subsidy rates per hectare that vary depending on the location. The rates are presented in a table, with the highest loans and subsidies going to replantation in Darjeeling and the lowest to rejuvenation in South India and Darjeeling.

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26 views2 pages

Subsidy %

The document discusses financial assistance rates under the SPTF scheme for tea plantations. It provides loan and subsidy rates per hectare that vary depending on the location. The rates are presented in a table, with the highest loans and subsidies going to replantation in Darjeeling and the lowest to rejuvenation in South India and Darjeeling.

Uploaded by

bapi_darj
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Q.10) How much financial assistance can we get under SPTF ?

Ans:RATES OF LOAN and SUBSIDY: The indexed unit cost per hectare of
replanting/replacement planting and rejuvenation and consolidation for the
various tea growing regions at current prices and the Loan/subsidy rates
applicable w.e.f 1.4.2008 are furnished in Table-1.

The applicant tea estates may avail either loan and subsidy or only the
subsidy for replanting / replacement planting/rejuvenation(R&R). The loan
entitlement per hectare would be 50% of the unit cost. Subsidy entitlement
per hectare would be 25% of the unit cost.

In absolute terms, however, the actual amount payable per ha would vary
depending upon the location of the garden ( i.e. in the hills or in plains
etc.,).

a. The rates of financial assistance will be revised from time to time as and
when the unit cost for replanting and rejuvenation is revised by SPTF.

b. The areas considered to be hilly for the purpose of the scheme are those
included in the CBDT Notification No. S.O.1526, DT. 18th May, 1966.

c. In addition to the hilly areas covered under CBDT notification, the tea
growing regions in entire Tripura, tillah area of undivided Cachar district of
Assam and Uttarkhand will be treated as hilly areas

11. Table-1: The Loan/subsidy rates applicable w.e.f 1.4.2008

Subsidy
Loan @50%
Index Unit @25% of the
  of the unit
Cost(Rs/Ha) unit cost
cost(Rs/Ha)
(Rs/Ha)
REPLANTATION AND REPLACEMENT PLANTING
Assam
3,03,284 1,51,642 75,821
Valley
Cachar 2,83,685 1,41,842 70,921
Tripura 2,02,070 1,01,035 50,517
Dooars &
2,98,020 1,49,010 74,505
Terai
Darjeeling 3,71,210 1,85,605 92,802
South India 3,44,600 1,72,300 86,150
Other Areas 2,55,200 1,27,600 63,800
REJUVENATION
Darjeeling 95,000 47,500 23,750
South India 95,000 47,500 23,750

12. Schedule for Disbursement of Loans and Subsidies

Year 00* 01** 02 03 04 Total


Expenditure
10 50 25 10 5 100
%
Source of
           
Funds
Promoter's
Contribution 10   10   5 25
%
Loan from
  50       50
SPTF %
Subsidy %     15 10   25
Total 10 50 25 10 5 100

*Preparatory Period for uprooting/soil rehabilitation activities prior


to replanting/replacement planting
**Period of replanting/replacement planting/rejuvenation

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