Industry Overview
Medicated ghee, a blend of clarified butter and herbal extracts, has been a cornerstone of Ayurvedic remedies for centuries. With a resurgence of interest in holistic wellness and natural products, the demand for medicated ghee has surged both domestically and internationally. This niche product finds applications in Ayurvedic therapies, cosmetics, and dietary supplements, offering immense potential for small-scale and large-scale manufacturers alike.
Government Subsidy Schemes for Medicated Ghee Business
To promote Ayurvedic and herbal industries, the government has introduced several schemes that benefit medicated ghee manufacturers:
- National AYUSH Mission (NAM): Supports Ayurvedic product manufacturing units with grants and subsidies.
- PMFME Scheme: Provides branding, marketing, and financial support for herbal and value-added products.
- Rural Development and MSME Schemes: Offer financial assistance for rural enterprises producing herbal and Ayurvedic items.
These schemes help reduce production costs and encourage innovation in medicated ghee formulations.
Eligibility Criteria for Medicated Ghee Subsidy
Eligibility for subsidies involves fulfilling specific requirements:
- Business Registration:
- Register the unit under MSME or as a private entity.
- Obtain FSSAI certification and AYUSH licenses.
- Detailed Project Report (DPR):
- Submit a DPR highlighting herbal ingredient sourcing, production techniques, and market analysis.
- Location:
- Preference is given to units in regions promoting Ayurveda and herbal farming.
- Financial Documentation:
- Provide audited financial reports and tax returns for subsidy eligibility.
- Production Standards:
- Ensure compliance with FSSAI and AYUSH guidelines for manufacturing and packaging.
Meeting these criteria facilitates access to government support and enhances the unit’s credibility.
To apply for the Food Processing Scheme, the following mandatory documents are required for new enterprises (Individuals/Firms) as outlined in the manual
1. PAN Card of concerned/all promoters.
2.Aadhaar Copy & Photo of all promoters/guarantors.
3. Address Proof: Any of the Officially Valid Documents (OVD) such as:
o Utility bill (not more than two months old) from any service provider (Electricity, telephone, post-paid mobile phone, piped gas, water bill).
o Property or Municipal tax paid receipt.
o Ration Card (Individual).
o Driving Licence
o Aadhaar Card.
o Voter ID Card.
4. Details of the site where the unit is to be established, including whether it is owned/rented/leased, along with proof (Lease/rent agreement should be for more than the loan repayment period).
5. Photocopy of Bank
6. Estimates and Quotation of all capital expenditure and machinery and equipment to be purchased. Statement/Bank Passbook for the last 6 months.
For existing enterprises with a turnover of less than 1 crore, similar documents are required, including PAN Card, Aadhaar, address proof, and site details.
If you need more specific information or additional documents, please let me know!