Interest subsidy on Agro-processing sector
“State Govt. announces Interest subsidy scheme for Agro-processing & Agri-marketing sector”
Greetings from subsidy guru!
The newly setup industries or Industries planning for expansion which belong to the Agro-processing & Agri-marketing sector e.g.: cleaning, grading, sorting of crops, fruits ripening, warehouse, cold storage, processing of spices, manufacturing and processing of animal products, flour mills, beekeeping etc. are eligible to get an interest subsidy on the term loan availed from financial institution.
This subsidy will be allowed from the date of commencement of commercial operation of the unit till the period of five years. The maximum amount of subsidy under this scheme is Rs. 37.50 lacs.
For further inquiry please contact us.