NABARD Subsidy: New Warehouse Infrastructure Fund Guidelines 2024

To bridge the gap in cold chain and dry storage, NABARD has released updated guidelines for the Warehouse Infrastructure Fund (WIF). This scheme is pivotal for SME exporters in the agri-business sector who require scientific storage to maintain product quality before international transit. The fund supports the construction of warehouses, silos, and cold storage units through various lending institutions. As specified in the NABARD circulars regarding WIF, eligible entities include individuals, entrepreneurs, and cooperatives. The focus is specifically on projects that help reduce post-harvest losses and satisfy the stringent quality standards of international markets. The credit-linked subsidy ensures that the financial burden of high-tech infrastructure is shared with the government. ## Key points for agri-exporters Exporters should look to integrate these storage solutions with APEDA-approved processing centers to streamline the export value chain. By utilizing the WIF, SMEs can secure long-term loans at competitive rates. It is crucial to ensure that the warehouse design complies with WDRA (Warehousing Development and Regulatory Authority) norms to stay eligible for ongoing operational benefits and to facilitate easier financing against warehouse receipts.