date:Aug 28, 2012
the scheme under 12th Plan, so that even one business entity may be eligible to promote a SPV for setting up a Mega Food Park project. Considering other requirements of the scheme, in terms of minimum equity of 26% and minimum net worth of Rs 10 crore for a food processing company, the proposed revision would ensure that only a food processing/agri-business operator may be in a position to promote such SPV on its own, MoFPI stated in its latest MFPS paper.
Project Monitoring Mechanism Time Sch