Government offers 50% subsidy and quick loans for greenhouse farming

The greenhouse provides your plants with a level of protection from the elements

Greenhouse cultivation systems integrate the agricultural activities of horticulture and floriculture. In order to set up a greenhouse installation, you need to have enough money as well as a proper plan. Apart from setting up the primary facility, there are various other components that require money and financial assistance to operate as an entire system.

Costs associated with the purchase of electric motors incorporated into pumps, the purchase of tractors and other machinery equipment, the digging of wells and the installation of pipes, the installation of irrigation systems , planting fruits and vegetables, etc. are examples of such elements. To make sure all of these things run smoothly and smoothly, you’ll need a reliable source of funding.

Available government subsidies for greenhouse cultivation

The government grants subsidies as well as financial assistance for setting up a greenhouse. The grants awarded are either in the form of concessional loans or in the form of grants on the total cost of the project. In addition, banks also provide loans for various agricultural purposes at minimum interest rates.

Subsidy model for greenhouse agriculture

It should be noted that the regulatory body in India for greenhouse agriculture is the National Board of Horticulture. NHB provides 50% grant on a project with a maximum cap of 112 lakh per beneficiary.

The National Horticulture Mission offers a 50% subsidy up to a maximum limit of 50 Lakhs.

GAIC (Gujarat Agro Industries Corporation) provides a 6% subsidy on loan interest up to a maximum limit of 4 lakhs.

Additionally, in each state there is a facility provided by the State Horticulture Mission, which provides an additional 15-25% subsidy over the 50% provided by NHM.

Any farmer or individual wishing to get into greenhouse farming can benefit from a government grant.

Banks that provide loans for greenhouse agriculture

Now let’s look at some of our country’s leading agricultural loan providers for greenhouse farming:

National Bank of India

As part of agricultural and rural banking services, SBI, the largest lender in the country, provides financial assistance for the installation of greenhouses. It also offers a variety of different agricultural loans and financial aids to farmers. They provide appropriate repayment terms for loan amounts provided to farmers and sufficient time for farmers to generate cash. For more information, visit your nearest SBI branch.

Bank of Baroda

Bank of Baroda provides loans for the construction of a greenhouse or a polyhouse. These loans have zero spreads up to 1 lakh, and if the loan amount exceeds 1 lakh, the spread is 10% of the total project cost (the spread will not include the grant amount, if any for the project). Repayment must be made within 3 to 9 years, with a moratorium of 6 to 12 months.

central bank of india

The bank offers financial assistance through its Poly House, Green House and Shade Net House programs. Loans are available up to 80% of the project cost and a maximum of Rs.5.00 crore. The maximum loan amount for SHGs and JLGs will be Rs.20 lakh and Rs.5.00 lakh, respectively. Repayment choices range from 3 to 12 months with a 3 to 7 year moratorium.


ICICI bank also offers a variety of agricultural loans. You can use ICICI Bank’s overdraft facility to cover the cost of cultivation as well as other working capital and related activities. Other loans made available by the bank include those for the purchase of irrigation equipment and other agricultural necessities.

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