Agro Food Processing Industries Policy: Financial Assistance

To ensure the inflow of a minimum investment of Rs.2,500 crores in the next 5 years, the state government has decided to undertake following steps:

  • A comprehensive action plan will be formulated to grant term loans to industrialists in association with the IDBI/IFCI/ HUDCO/HDFC and other premier government financial institutions. The action plan shall cover all aspects, namely rate of interest, period of loans, levels of promoters contribution, venture capital assistance, security margin, insurance cover etc.