Horticulture · Goa
Nutmeg Subsidy in Goa
Nutmeg
NABARD Unit Cost for Nutmeg in Goa
Government-approved benchmark amount for horticulture financing
Nutmeg — 1Ha 156 plants
Eligibility for Nutmeg Subsidy in Goa
Who can apply
- Individual farmers with land records (7/12, patta, or registered lease deed) in Goa
- Farmer Producer Organisations (FPOs) and Self-Help Groups (SHGs)
- Agri-entrepreneurs and cooperatives for commercial-scale investments
- SC/ST farmers and women farmers (eligible for enhanced subsidy component of 5–10% additional)
Specification note
This unit cost applies specifically to: 1Ha 156 plants. If your investment differs in scale or configuration, ask your bank to identify the nearest applicable NABARD benchmark.
How to Apply for Nutmeg Subsidy in Goa
Step-by-step process
- Prepare a Detailed Project Report — Use the NABARD unit cost of ₹80,000 as the benchmark for a 1Ha 156 plants investment.
- Visit your bank in Goa — Bring Aadhaar, land records (7/12 or patta), and the DPR to a nationalised bank, RRB, or PACS branch.
- Scheme linkage — The bank will link your application to MIDH or SMAM.
- Technical verification — A department officer inspects the asset after installation and submits a verification report to the sanctioning authority.
- Subsidy credit to loan account — The capital subsidy is deposited directly into your loan account, reducing the outstanding principal. Total processing time: 30–60 days.
Nutmeg Subsidy — State-wise Comparison
NABARD unit costs for Nutmeg across 2 states. Amounts reflect local input costs and state-level additions.
More Horticulture Subsidies in Goa
View all Horticulture activities in Goa →More Subsidy Categories in Goa
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Frequently Asked Questions
What is the NABARD subsidy amount for Nutmeg in Goa?
The NABARD unit cost for Nutmeg in Goa is ₹80,000 (specification: 1Ha 156 plants). This is the benchmark amount banks use when sanctioning a term loan for this activity. The actual subsidy you receive depends on the scheme — typically 25–50% of the unit cost.
What does "1Ha 156 plants" mean for Nutmeg?
The specification "1Ha 156 plants" defines the exact scale or parameters of the investment — such as area in hectares, capacity in litres per day, number of animals, or structural dimensions. NABARD unit costs are tied to this specification; a different scale may have a different unit cost. If your project differs, ask your bank to use the nearest applicable NABARD benchmark.
How do I apply for the Nutmeg subsidy in Goa?
Step 1: Prepare a DPR for Nutmeg using the NABARD unit cost of ₹80,000 as the benchmark. Step 2: Visit a nationalised bank or RRB in Goa with land records, Aadhaar, and the DPR. Step 3: The bank appraises and routes the subsidy claim through the Horticulture department. Step 4: After physical verification, the subsidy is deposited into your loan account. Total processing time is typically 30–60 days.
Which government scheme covers Nutmeg in Goa?
Nutmeg falls under the Horticulture category. Relevant central schemes include Mission for Integrated Development of Horticulture (MIDH) and NHB schemes. Check the Apply section below for the specific portal and nodal department in Goa.
Which state gives the highest subsidy for Nutmeg?
Among states with published NABARD unit costs for Nutmeg, Kerala offers the highest amount at ₹1,62,600, compared to ₹80,000 in Goa. Differences reflect local input costs, transport, and state-level top-up subsidies. The compare table below shows amounts across all states where this activity has published unit costs.
What is the loan repayment period for Nutmeg financing in Goa?
NABARD-linked term loans for horticulture investments like Nutmeg typically have a repayment period of 5–9 years (including a moratorium of 1–2 years). The moratorium aligns with the gestation period of the investment — for example, a fruit orchard may take 3 years to yield income, so repayment begins after that. Exact tenure depends on your bank and the specific scheme.