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🌱High Tech Nursery — NABARD Model Bankable Project

Covers the NABARD model scheme for establishing a modern commercial nursery producing quality grafted planting material for perennial horticulture crops. Exam-critical numbers on unit cost, loan structure, IRR, and repayment are tested frequently in IBPS AFO and NABARD Grade A.

What is a High-Tech Nursery?

A commercial nursery unit produces certified, grafted planting material of perennial horticulture crops — mango, guava, pomegranate, sapota, aonla, citrus, cashew, coconut, etc. The NABARD model scheme addresses the gap between government nursery supply and actual farmer demand.

Why it matters for exams: India’s horticulture expansion depends entirely on availability of quality, disease-free planting material. Understanding this model helps you answer questions on agri-financing patterns.


Project Size and Area Requirements

ComponentSpecification
Total area~2 acres (7,550 sq m)
Mother plant garden6,000 sq m (1,500 plants @ 2m × 2m)
Rootstock nursery beds700 sq m (50 beds of 10m × 1.25m)
Poly house (10,000 grafts)200 sq m
Mist chamber20 sq m
Shade net area (10,000 plants)500 sq m
Store/utility area130 sq m

NOTE

The nursery produces 25,000–30,000 grafts per year once fully stabilised (from Year 5). Saleable grafts start only from Year 3 — this long gestation is the key reason costs for Years 1–3 are capitalised.


Capital Cost Structure

YearCost (₹)
Year 1 (capital items + ops)12,59,300
Year 2 (operational)2,08,400
Year 3 (operational)3,07,800
Total capitalised unit cost₹17,75,500

Major Year 1 items:

  • Shade net area (500 sq m) — ₹3,55,000
  • Store room (50 sq m) — ₹2,50,000
  • Poly house (200 sq m) — ₹1,86,000
  • Mother plants (1,500 @ ₹75) — ₹1,12,500
  • Water storage tank (10,000 L) — ₹75,000
  • Drip irrigation — ₹40,000
  • Fencing (450 running metres) — ₹33,750

Financing Pattern

SourceAmount (₹)%
Margin money (borrower)4,44,50025%
Bank loan₹13,31,00075%
Total₹17,75,500100%
  • Rate of interest: 13%
  • Subsidy (if available) counted towards margin money

Production & Income Ramp-Up

YearScions/PlantGrafts MadeSaleable GraftsSale Price/GraftIncome from Grafts
2812,000
31522,5009,600₹35₹3,36,000
42537,50018,000₹35₹6,30,000
5+2537,50030,000₹40₹12,00,000

Survival/success rate assumed at 80%. Additional income from vegetable/flower nursery in poly house/shade net during intervening periods = ₹1,50,000/year.

NOTE

Exam trap: Saleable grafts in Year 3 are only 9,600 (not 22,500) because grafting was done in Year 2, with an 80% success rate. The 30,000 target stabilises from Year 5, not Year 3.


Key Financial Indicators

IndicatorValue
Net Present Worth (NPW)₹13,96,817
Benefit Cost Ratio (BCR)1.38 : 1
Internal Rate of Return (IRR)30%

The IRR of 30% indicates a financially viable and bankable investment.


Repayment Schedule

  • Total bank loan: ₹13,31,000 (phased over 3 years)
  • Repayment period: 9 years including 5 years grace period
  • Deferred interest during Years 1–2 is recovered from Years 3–5
  • Interest deferred for 2 years and repaid from Year 3 surplus

Propagation Methods by Crop

CropMethod
MangoStone grafting, softwood grafting, veneer grafting
GuavaLayering
PomegranateAir layering, stem cutting
Cashew nutSoftwood grafting, epicotyl grafting
CitrusBudding
SapotaSoftwood grafting, approach grafting
AonlaLayering
BerBudding/grafting

Linked Schemes & Linkages

  • NHM (National Horticulture Mission) — subsidy for quality planting material
  • AC/ABC scheme — preference to Agriculture Graduates
  • State Horticulture Departments / KVKs — technical support, skill building
  • NABARD refinance — available to financing banks under normal refinance programme

NOTE

Nursery regulation varies by state. Entrepreneurs must comply with state-specific nursery regulations, and banks may stipulate this as a loan condition.


Source & Full Report

This lesson is based on the official NABARD publication:

Model Scheme on Setting Up of High-Tech Nursery under Plantation and Horticulture

FieldDetails
PublisherNational Bank for Agriculture and Rural Development (NABARD), Mumbai
Sourcenabard.org — Model Bankable Projects
MirrorTNAU Agritech Portal
LicenceGovernment of India — free for educational use

📥 Download Full NABARD Report (PDF)

The figures in this lesson reflect the cost norms and technical parameters as published in the NABARD document. Actual costs may vary by state, season, and year of implementation. Always refer to the latest NABARD circular for current norms.

Summary Cheat Sheet

Concept / TopicKey Details / Explanation
PurposeProduces certified, grafted planting material for perennial horticulture crops (mango, guava, pomegranate, cashew, citrus, etc.)
Total area~2 acres (7,550 sq m)
Mother plant garden6,000 sq m (1,500 plants @ 2m × 2m)
Rootstock nursery beds700 sq m (50 beds of 10m × 1.25m)
Poly house200 sq m (10,000 grafts)
Shade net area500 sq m (10,000 plants)
Graft success rate80% assumed
First saleable yearYear 3 (grafted in Year 2 → 80% success = 9,600 saleable)
Full production fromYear 5 — 30,000 grafts/year
Sale price (Year 3–4)₹35/graft
Sale price (Year 5+)₹40/graft
Additional income₹1,50,000/year from vegetable/flower nursery in poly house/shade net
Year 1 cost₹12,59,300
Year 2 cost₹2,08,400
Year 3 cost₹3,07,800
Total capitalised unit cost₹17,75,500
Margin money25% = ₹4,44,500
Bank loan75% = ₹13,31,000
Interest rate13%
Repayment period9 years with 5-year grace period
IRR30%
BCR1.38:1
NPW₹13,96,817
Propagation — MangoStone grafting, softwood grafting, veneer grafting
Propagation — CashewSoftwood grafting, epicotyl grafting
Propagation — CitrusBudding
Propagation — Guava / AonlaLayering
Propagation — PomegranateAir layering, stem cutting
Key linked schemeNHM (National Horticulture Mission) — subsidy for quality planting material
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