In its Flagship business model, the Integrated Plan, Prium Agro enters into an agreement with the land owner for leasing of land for cultivation and providing yearly income. The land remains the property of the land owner and can terminate the lease agreement as per the agreed terms and conditions.
The land owner can lease his land to Prium Agro on any of the following two terms:
|Parameter||Short Term Lease||Long Term Lease|
|Period||9 Years, Lock-in 3 Years||30 Years, Lock-in 10 Years|
|Income||Get Details||Get Details|
|Security||Post Dated Cheques||Post Dated Cheques|
|Increment||10% after every 3 years||15% after every 10 years|
In the Dynamic Plan, available in the state of Madhya Pradesh and Chattisgarh, Prium Agro establishes a Fruit Orchard for the investor along with a host of other additions, nurtures it for a period till it bears fruit, while also giving fixed income in this gestation period to the investors.
After the lock-in period, as the trees start giving yield, the land owner has an option to either manage the orchard on his own or outsource the entire process to Prium Agro at with a nominal sharing of revenue.
The Allied Plan is for those land owners who want to outsource their complete farming process, right from sowing to selling, and get a fixed yearly income per acre for the pre decided lease period.