Assistance of Back Ended Interest Subsidy on the Term Loan will be provided to Agro and Food Processing Units @ 7.5% on the Term Loan. The subsidy will be provided for a period of 5 years and maximum amount of Rs. 150 Lacs for setting up/expansion & diversification/modernization of the unit.
- Assistance of Back Ended Interest Subsidy on Term Loan will be provided to Agro and Food Infrastructural Projects@ 7.5% on Term Loan. The subsidy will be provided for a period of 5 years and for maximum amount of 400 Lacs for Setting up Infrastructure Project in Agro & Food Processing Sector such as CA Cold Storages, Food Irradiation Processing Plants, Silos, Pack houses, Food Parks, Reefer Vans etc.
- Additional 1% additional Back Ended interest subsidy will be given to Units with 100% ownership of SC/ST, physically challenged or women entrepreneurs.
- Entrepreneurs with age below 35 years will be given 1% additional Back Ended Interest Subsidy on term loan.