Forestry · Odisha
Casurina Subsidy in Odisha
Casurina
NABARD Unit Cost for Casurina in Odisha
Government-approved benchmark amount for forestry financing
Casurina — 1 Ha Spacing 2m x2m
Eligibility for Casurina Subsidy in Odisha
Who can apply
- Individual farmers with land records (7/12, patta, or registered lease deed) in Odisha
- 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: 1 Ha Spacing 2m x2m. If your investment differs in scale or configuration, ask your bank to identify the nearest applicable NABARD benchmark.
How to Apply for Casurina Subsidy in Odisha
Step-by-step process
- Prepare a Detailed Project Report — Use the NABARD unit cost of ₹1,11,000 as the benchmark for a 1 Ha Spacing 2m x2m investment.
- Visit your bank in Odisha — 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 the relevant forestry scheme.
- 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.
More Forestry Subsidies in Odisha
- Eucalyptus(Clonal)₹95,000
- Teak Plantation₹70,000
- Bamboo Plantation(D.Strictus)₹48,000
- Bamboo(V.Vulgaris/B.Nutans)₹45,000
- Sabai Grass₹30,000
- Subabul₹50,000
More Subsidy Categories in Odisha
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Frequently Asked Questions
What is the NABARD subsidy amount for Casurina in Odisha?
The NABARD unit cost for Casurina in Odisha is ₹1,11,000 (specification: 1 Ha Spacing 2m x2m). 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 "1 Ha Spacing 2m x2m" mean for Casurina?
The specification "1 Ha Spacing 2m x2m" 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 Casurina subsidy in Odisha?
Step 1: Prepare a DPR for Casurina using the NABARD unit cost of ₹1,11,000 as the benchmark. Step 2: Visit a nationalised bank or RRB in Odisha with land records, Aadhaar, and the DPR. Step 3: The bank appraises and routes the subsidy claim through the Forestry 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 Casurina in Odisha?
Casurina falls under the Forestry category. Relevant central schemes include various NABARD-refinanced schemes. Check the Apply section below for the specific portal and nodal department in Odisha.
Which state gives the highest subsidy for Casurina?
Odisha offers ₹1,11,000 for Casurina, 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 Casurina financing in Odisha?
NABARD-linked term loans for forestry investments like Casurina 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.