Banks have come out with a 20% Collateral Free Loan scheme. Highlights of the same are:



1. Loan amount will be 20% of the outstanding balance as of 29th Feb 2020



2. Both Term Loan & CC shall be treated to calculate outstanding balance as of 29th Feb 2020



3. ROI will be 7.8% for SBI & 7.65% for PNB



4. No guarantee fee, no processing or documentation charges.



5. Loan can be disbursed in one go or in installments as per the borrower’s… Continue

Eligibility



 Only standalone distilleries (single feed or dual feed) producing 100% fuel grade Ethanol which will be developed as a Greenfield project shall be eligible

for the incentive under this Policy



 The units will have to supply 100% of their Ethanol to Oil Manufacturing

Companies (OMCs) under the Ethanol Blending Programme (EBP) of the Government

of India.



 At the time of Financial Clearance, the Units will submit either (i) a copy… Continue

Highlights of Bihar Industrial Investment Promotion Policy

(Textile & Leather Policy), 2022





This Textile and Leather policy complements the existing Bihar Industrial Investment

Promotion Policy 2016(amended in 2020) (categorized as HIGH PRIORITY SECTOR)

This policy shall come into force from 03.06.2022 and shall be applicable for 5

years





General Provisions





 The appraisal report prepared by the bank/ financial institute… Continue

Objective



To provide integrated cold chain, preservation and value addition infrastructure facilities,

without any break, from the farm gate to the consumer to ensure remunerative prices to farmers

and year-round availability of food products to consumers.

Eligible organizations/ Entities

Partnership/ Proprietorship Firms, Companies, Corporations, Cooperatives, Self Help Groups

(SHGs), Farmer Producer Organizations (FPOs), NGOs, Central/ State PSUs… Continue