NHB provides Subsidy for Hydroponics & Aeroponics Farming in India under the initiative “Development of Commercial Horticulture through Production and Post-Harvest Management”. Hydroponics is soil-less farming, in which plants are grown without soil and by supplying nutrients to water while their roots are submerged in water, allowing them to develop without conventional soil. It also entails the use of artificial techniques to assist and nutrient solutions to offer plants the nutrition they require.
Under the initiative “Development of Commercial Horticulture through Production and Post-Harvest Management,” the government gives financial assistance for aeroponic and hydroponic projects in the following ways:
Credit-linked back-ended subsidy of 20% of total project cost limited to Rs 25 lakh per project in general and Rs 30.00 lakh in NE Region, Hilly, and Scheduled regions. However, for capital intensive and high-value crops under protected cultivation and open-air cultivation of date palm, olive, and saffron, a subsidy of 25% of project cost with a ceiling of Rs.50 lakh (33 percent of project cost with a ceiling of Rs.60 lakh for scheduled and hilly areas) (National Horticulture Board) will be provided.