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Food and Agro Processing · Mizoram

Rice Mill Subsidy in Mizoram

Rice Mill

NABARD Unit Cost for Rice Mill in Mizoram

Government-approved benchmark amount for food and agro processing financing

NABARD Unit Cost₹8,50,000
StateMizoram
CategoryFood and Agro Processing
Sub-CategoryFood and Agro Processing

Rice Mill

Eligibility for Rice Mill Subsidy in Mizoram

Who can apply

How to Apply for Rice Mill Subsidy in Mizoram

Step-by-step process

  1. Prepare a Detailed Project Report — Use the NABARD unit cost of ₹8,50,000 as the benchmark.
  2. Visit your bank in Mizoram — Bring Aadhaar, land records (7/12 or patta), and the DPR to a nationalised bank, RRB, or PACS branch.
  3. Scheme linkage — The bank will link your application to PMFME or PLISFOOD.
  4. Technical verification — A department officer inspects the asset after installation and submits a verification report to the sanctioning authority.
  5. 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.

Relevant central schemes:

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Frequently Asked Questions

What is the NABARD subsidy amount for Rice Mill in Mizoram?

The NABARD unit cost for Rice Mill in Mizoram is ₹8,50,000. 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 "the specification" mean for Rice Mill?

The specification "listed above" 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 Rice Mill subsidy in Mizoram?

Step 1: Prepare a DPR for Rice Mill using the NABARD unit cost of ₹8,50,000 as the benchmark. Step 2: Visit a nationalised bank or RRB in Mizoram with land records, Aadhaar, and the DPR. Step 3: The bank appraises and routes the subsidy claim through the Food and Agro Processing 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 Rice Mill in Mizoram?

Rice Mill falls under the Food and Agro Processing category. Relevant central schemes include various NABARD-refinanced schemes. Check the Apply section below for the specific portal and nodal department in Mizoram.

Which state gives the highest subsidy for Rice Mill?

Mizoram offers ₹8,50,000 for Rice Mill, which is among the higher rates across Indian states. The compare table below shows the exact amount in each state where NABARD has published a unit cost for this activity.

What is the loan repayment period for Rice Mill financing in Mizoram?

NABARD-linked term loans for food and agro processing investments like Rice Mill 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.