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What is Credit Linked back ended subsidy?

April 26, 2017credit ended linked subsidy

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What is Credit Linked back ended subsidy?

1 Answer

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Assistance for a number of components under NHM, particularly for the private sector involving infrastructure development such as on nurseries, establishment of lab & clinics, post harvest management and marketing is in the form of credit linked back ended subsidy. It means that the beneficiary has to avail loan from the Nationalized Banks/Financial Institution (FI) such as NABARD, IDBI, SIDB, ICICI, SFC, SIDCs, NBFCs, NEDFI, National SC/ST/Minorities/Backward-classes financial & Development corporation other designated loaning institutions of state/uts, commercial/cooperative Banks etc.