“Rajasthan Govt. is granting Interest subsidy on Textile industry”
Any investor who is planning to set up a new Textile industry or expanding a running textile unit is eligible under this scheme governed by Rajasthan State Govt.
Under this scheme, we can get the benefit of maximum Rs. 25 Lacs, by the means of reduction in the interest rate, on which we have taken the project loan from the financial institution.
The interest rate can be reduced by 5,6 and even 7% depending on the eligibility criterion, e.g. if we have availed loan on 10% from financial institution then after getting the benefit of this scheme, the applicable interest rate will be 10-5 = 5% only.
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