Creation of Backward and Forward Linkages

Eligible Sectors:

Following food processing sectors are eligible to avail the assistance under the scheme:

• Horticulture
• Milk & Milk products
• Meat, Poultry, Fishery, Marine, Piggery
• Ready to Eat/ Ready to cook food products
• Honey, Coconut, Spices, Mushroom
• Retail shops for perishable food products

Pattern of Assistance:

Components	Pattern of assistance
	% of Grant	Maximum limit
General Areas	35% of Eligible project cost	Rs. 5 crores per project
Difficult & Hilly Areas	50% of eligible project cost	Rs. 5 crores per project

 

Release of Grant:

The grant-in-aid under the scheme is released in three installments of 25%, 40% and 35%.

Components	Pattern of assistance
	% of Grant	Maximum limit
General Areas	35% of Eligible project cost	Rs. 5 crores per project
Difficult & Hilly Areas	50% of eligible project cost	Rs. 5 crores per project

Implementation Schedule and Penalty:

Implementation schedule	No. Of months
General Areas	18
Difficult & Hilly areas	20

 

In case of non- implementation of the project as per the approval letter, The Ministry would have the discretion to cancel the approval granted to the project and to recall the grant, if any, released, with interest @10% p.a.

In case of failure to operate the project for at least 3 years after commencement of commercial operations- The promoter shall return the grant-in-aid with interest @10% p.a.

Fee:

The Applicants are required to submit through RTGS/NEFT, Rs.50000 (Rupees Fifty thousand only) as refundable security deposit and Rs.5000 (Rupees Five Thousand Only) as non-refundable cost of EOI document in favour of “Pay and Accounts Officer Ministry of Food Processing Industries New Delhi.