The loan is given as per the details given below:
1. The application must be submitted to the Bank through the Department of Forest.
2. For availing the loan a minimum of 150 poplar trees are required to be planted.
3. The borrower must have adequate arrangement to water the plants.
4. The State Department of Forest gives 12-15 feet tall poplar plants on subsidised
rates. For the purchase of plants, the Bank on behalf of the farmer/planter gives
the money directly to the Department out of his sanctioned loan.
The borrower will have to return the full amount
of loan after the completion of ninth year, since the first eight years will be
treated as grace period subject to the repayment of interest, which will have to
be paid back annually.
Some important information regarding poplar plants:
1. Poplar can only be planted in the month of January and February.
2. Poplars cannot be planted in
barrenland, termite-ridden land, dry sand, and land with layers of small stones.
3. When trees are planted in the farm, there should be a distance of 5 x 4 metre.
But when planted around the borders, hedges in the central dividing lanes or in
straight lines the distance will vary in each and every case.
4. The State Forest Department provides the needed technical information free of
cost to the planters.
5. A grown tree of approximately 90 cm diameter can be sold for Rs 550/-.
6. The land/field where poplars are planted, can be used for cultivating all kinds
of produce, except rice.
Technical Guidelines of the Forest Department for Other Schemes
|
|
Crop (Time of Planting)
|
Distance
|
Number of Plants
|
Yield Year
|
Cost
|
Repayment Time
|
Grace Period
|
|
|
Eucalyptus/
Kikkar(Acacia)
(Monsoon)
|
3 M
2M
|
Eu=1600
Ki =200
|
10th Year
|
1600-3100/
200
|
12 Years
|
11 Years
|
|
|
Jatrofa
(Monsoon)
|
2 M
|
2500
|
4th Year
|
1,11,000
|
4 Years
|
3 Years
|
|
|
Bamboo
(Monsoon)
|
5 M
|
2500
|
5th Year
|
1,57,635
|
4 Years
|
3 Years
|
Year Wise Unit Cost (1 Hectare) in Rupees
The Schemes of the Forest Dept.
|
Year
|
Poplar
|
Eucalyptus/Kikkar
|
Jatrofa
|
Bamboo
|
|
1
|
31579
|
21332
|
28,240
|
13,300
|
|
2
|
15994
|
7698
|
9080
|
3830
|
|
3
|
13396
|
1994
|
6980
|
1670
|
|
4
|
14306
|
---
|
8340
|
1670
|
|
5
|
13681
|
---
|
9030
|
3050
|
|
6
|
9121
|
---
|
9370
|
3050
|
|
7
|
9121
|
---
|
8000
|
3050
|
|
8
|
9121
|
---
|
8000
|
3050
|
|
9
|
---
|
---
|
8000
|
3050
|
|
10
|
---
|
---
|
8000
|
3735
|
|
11
|
---
|
---
|
8000
|
3735
|
|
12
|
---
|
---
|
8000
|
3735
|
|
13
|
---
|
---
|
---
|
3735
|
|
14
|
---
|
---
|
---
|
3735
|
— To find the
nearest Primary Agriculture Development Bank (PADB) branch from your village/town,
and read more about loan mechanism, kindly go to the 'PADB Loans'
section in Schemes Channel