Capital Investment Subsidy: A subsidy amounting to 35% of incurred expenditure on plant machinery and technical civil work in respect of setting up, expansion and modernisation/up gradation of the food processing units in the state will be provided, subject to a maximum of Rs. 5 Crore in all the districts of the state.
Interest Subsidy: food processing units setup in the state will be reimbursed the amount of interest accrued on the loan taken for the banks/financial institutions for meeting the expenditure on plant machinery, technical civil works and spare parts, at the rate of 07 percent for a period of 05 years.Its maximum limit will be Rs. 50 lakh per year per unit.
Product Details:
Type Of Industry Business |
Food & Horticulture |
Type Of Service Provider |
Individual Consultant |
Project Duration |
1 Month |
Service Location |
Pan India |
Price: