Biogas-Plant/C2/Finance-options-for-Biogas-plant/English-timed

Time	Narration
00:01	Hello Friends! Welcome to the Spoken Tutorial on Finance options for Biogas plant.
00:10	Earlier, we learnt about biogas and the benefits of having a biogas plant.
00:18	In this tutorial, we will learn: how to apply for a loan to get a biogas plant built
00:28	* Fact that one can either self-finance or avail bank loan to build the biogas plant
00:39	* pre-requisites required to avail the loan
00:44	* List of documents to be attached with loan application form-
00:49	* Cost factors for building the plant
00:53	* Approximate break-up of the budget
00:57	* And subsidies provided by the government of India to build a biogas plant.
01:05	Before we begin, it should be known that we can either self-finance or avail bank loan to build the biogas plant.
01:20	One should be also aware about the budget for building a biogas plant.
01:27	The approximate cost for building the biogas plant is from Rs 20,000 to Rs 23,000/-.
01:39	The first step to get a biogas plant built is - visiting Khadi and Village Industries Commission office of the respective district.
01:53	This office is also known as KVIC.
01:59	Each KVIC has a Rural Energy Technical department.
02:05	Meet the Rural Energy Technician i.e.RET in the mentioned department.
02:14	Request the RET to make a visit to the proposed biogas plant site.
02:22	Next, the RET will visit and inspect the prerequisite(s) required to avail the loan.
02:32	List of pre-requisite(s) to avail the loan is as follows:
02:39	Availability of land. For e.g. 12 feet by 16 feet land is required for building 12 feet by 8 feet of biogas plant.
02:56	Adequate supply of water for daily feeding of the biogas plant.
03:03	Approximate quantity of solid waste either in the form of cow-dung and /or the bio-degradable waste.
03:14	Please note, quantity of waste for the plant is directly proportional to the size of the plant.
03:24	For example, 25 kgs of solid waste and 25 litres of water are required for a 12 feet x 8 feet of biogas plant.
03:41	The RET will also check the number and age of cattle.
03:47	For example, minimum 2 cows producing an average of 12 kg dung are required for a 2 cubic meter biogas plant.
04:03	This check is to ensure supply of 25 kgs of dung to the biogas plant.
04:14	Lastly, the RET will check the bank account/loan account of the applicant.
04:25	If all the prerequisites are met, then the RET issues a technical feasibility certificate.
04:35	Once the technical feasibility certificate is issued, visit the nearest bank to avail the loan.
04:46	You may visit banks such as private banks like IDBI bank, Canara bank, Union bank of India.
04:59	Co-operative banks like Saraswat bank, Dombivli nagari sahakari bank, South canara district central cooperative bank (known as SCDCC),
05:18	Gramin bank of different states, and Development credit bank (Known as DCB) etc.
05:31	So, what is the amount of loan one can get from the bank?
05:38	You will be surprised to know that you can avail 100% of loan from a bank.
05:47	However, it is to be noted that the following will vary from bank to bank-
05:56	Loan amount, sanction period , interest of loan and loan repayment.
06:07	Loan formalities start with filling up of the forms such as the loan application form.
06:17	The RET officer will help you in filling the form.
06:24	As shown- the following details have to be filled in the application form-
06:31	purpose of applying for the loan,
06:35	name and address of the applicant,
06:40	resident of the respective village since year,
06:46	nature of activity,
06:49	age and gender,
06:52	category-SC/ST/OBC and other such details.
07:01	I will now fill in the details as required in the form.
07:07	The filled form would look like this.
07:11	Along with the loan application form, the other documents to be attached are -
07:19	* Technical feasibility certificate
07:24	* Document of land holding
07:27	* Photocopy of Ration card and proof of annual income.
07:35	After filling the form, we have to submit it to the bank officer for scrutiny.
07:46	We will receive the Branch Manager or inspecting officer’s reference and loan approval.
07:55	Let's now talk about the cost factors for building the plant.
08:02	The cost for building the plant depends upon factors such as cost of raw material, mason's charges and transportation cost from the hardware shop to the plant site.
08:21	The raw material and transportation cost along with the mason's charges may vary from region to region.
08:33	The approximate break-up of budget is as follows:
08:39	* Approximately Rs.4,000/- for the mason and his laborers
08:46	* Approximately Rs.1,300/- for the biogas burner stove
08:54	* Approximately Rs. 15,000/- for the raw material
09:02	* Approximately Rs. 2000/- as transportation charges from the hardware shop to the plant site.
09:13	A good news for all those who plan to build a biogas plant is that- Government of India provides subsidies to build a biogas plant.
09:28	The subsidies provided to applicants are: Rs 9,000/- for general category, Rs 11,000/- for SC/ST category and Rs 17,000/- for North-Eastern States.
09:50	An extra subsidy of Rs 1,200/- is given if toilet is attached to the biogas plant.
10:00	To avail the subsidy, we need to fill a form after the biogas plant is built.
10:07	This form is available with the local Gram Panchayat office.
10:14	I will now fill in the details as required in the form.
10:19	The filled subsidy form will look like this.
10:23	Please note that subsidy will be granted only after sufficient proof for the biogas plant is given such as:
10:35	technical feasibility certificate of the biogas plant and
10:41	photo of the applicant with the biogas plant.
10:45	Apart from banks, farmer groups also help financially for building a biogas plant.
10:55	Refer the given link for offices located in different states of the country.
11:02	Let us summarize. In this tutorial, we have learnt:
11:07	* How to apply for a loan to get a biogas plant built
11:13	* Fact that one can either self-finance or avail bank loan to build the biogas plant
11:23	* Pre-requisite(s) required to avail the loan.
11:27	And, we also learnt about:
11:30	* List of documents to be attached with loan application form
11:35	* Cost factors for building the plant
11:38	* Approximate break-up of the budget and
11:42	* Subsidies provided by the government of India to build a biogas plant.
11:49	This video was created by Spoken Tutorial Project with inputs from Rural-ICT team, IIT Bombay.
11:59	More information on these projects can be found at these links.
12:04	This is Bella Tony along with the animation team of the Spoken Tutorial project, signing off. Thank you for joining.

Contributors and Content Editors

PoojaMoolya, Pratik kamble, Sandhya.np14