ELIGIBILE SECTORS
1.
FRUITS & VEGETABLES
2. MILK
PRODUCTS
3. MEAT
4. FISHERY
5. CONSUMER
FOODS
6. POULTRY
7. OTHER
AGRI HORTICULTRE SECTOR (SPICES, COCONUT)
8. BAKERY
PRODUCT
9.
WINE & BEER
NOTE: - OIL MILLING, FLOUR
MILLING & RICE MILLING, THESE SECTORS ARE ELIGIBLE ONLY IF APPLICATION IS
MADE BEFORE 6/2/2009.
ELIGIBLE PERSONS
1. INDIVIDUALS
2. FIRMS
3. COOPERATIVES
4. COMPANIES
5. PUBLIC
SECTOR UNITS (PSU’S)
ELIGIBILITY CRITERIA
1. APPLICATION
SHOULD BE MADE TO MAHARASHTRA AGRO DEPARTMENT BEFORE COMMENCMENT (START) OF
COMMERCIAL PRODUCTION.
2. ONLY
NEW PLANT AND MACHINERY ARE ELIGIBLE. i.e. SECOND HAND MACHINE’S ARE NOT
ELIGIBLE.
3. THE
FIRM MUST NOT HAVE TAKEN BENEFIT FROM ANY OTHER DEPATMENT, SCHEME. (WHETHER IT
IS FROM CENTRAL GOVERNMENT OR STATE GOVERNMENT)
4. THE
FIRM CANNOT AVAIL SUBSIDY FOR SAME PURPOSE AT SAME LOCATION
5. THE
FIRM MUST NOT HAVE AVAILED MORE THAN 2 GRANTS. i.e. MAXIMUM 2 GRANTS ARE
ALLOWED.
6. IF THE FIRM HAS TAKEN SUBSIDY FROM ANY OTHER
DEPARTMENT AND EVEN IF HE READY TO RETURN THE SAME THAN ALSO HE WILL NOT BE
ELIGIBLE UNDER THESE SCHEME. BECAUSE THE CONDITION IS NOT TO APPLY IN ANY OTHER SCHEME.
BENEFITS
THE
UNIT CAN AVAIL BENEFIT OF 25% OF COST OF PLANT AND MACHINERY AND TECHNICAL
CIVIL WORKS (CONSTRUCTION), SUBJECT TO MAXIMUM BENEFIT OF RS. 50.00 LACS. IN
MAHARASHTRA REGION ONLY 25% BENEFIT SUBJECT TO MAXIMUM 50.00 LACS IS ELIGIBLE.
HERE
TECHNICAL CIVIL WORK MEANS “ESSENTIAL CIVIL WORK REQUIRED FOR HYGIENIC
PRODUCTION”. FOR EG;- CANTEENS, ROADS, ETC INCLUDE NAHI HOGA.
SUBMISSION
APPLICATIONS
MUST BE SUBMITTED IN MAHARASHTRA AGRO DEPARTMENT (MUMBAI). i.e. THERE IS NO
ROLE OF BANK FOR SUBMISSION.
FUND
FUND
RELEASE IN 2 EQUAL INSTALLMENTS, 1ST INSTALLMENT RELEASE AFTER
UTILIZATION OF 50% OF TERM LOAN AND 50% OF PROMOTER’S CONTRIBUTION.
LOAN REQUIREMENT
THERE
IS NO REQUIREMENT OF BANK TERM LOAN. i.e. CLAIM CAN BE MADE ON THE BASIS OF
CASH CREDIT LOAN OR ON THE BASIS OF OWN FUND (BUT CURRENT ACCOUNT MUST HAVE
FROM BANK.
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