Ministry of Food Processing Industries MoFPI, Government of India has announced the continuation of their vary popular and lucrative scheme Creation/Expansion of Food Processing & Preservation Capacities (CEFPPC) under Pradhan Mantra Kisan sampada Yojana where industry can avail Capital Subsidy @ 35% in General Areas and @ 50% in North Eastern States, Himalayan States & ITDP areas upto a maximum limit of Rs. 5.00 Crore.
Company having their food processing unit in government approved Food Park, Mega Food Park, Industrial Area, Industrial Estates and Clusters will be eligible for claiming subsidy provided the unit should also fulfil other criteria as mentioned in the scheme.
The scheme is valid till 30.09.2019.
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