State Government and entities promoted by them, SPVs, Cooperatives, Cooperative Federations, Farmers’ Producer Organizations, Corporates, Companies, Individual entrepreneurs etc, can now avail term loans from the special fund established by the Government of India in association with the Ministry of Food Processing Industries.

Term loans are available for creating infrastructure required in food parks; setting up of individual food processing units, modernization of existing processing units etc. The rate of interest on the loans would be reasonable. The margin money could vary from 5-25% based on the category of the promoter and the repayment period shall not exceed 7 years. Interested promoters may look for further information at

https://www.nabard.org/pdf/Food_Processing_Fund_guidelines_11_Nov_2014_MOFPI.pdf

click on below links on guidelines and further information
Last update on April 7, 3:52 am by Rajasthan State.
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