date:Aug 28, 2012
crore as interest subvention in 3 years for general areas and Rs 20 crore as upfront subsidy and Rs 9 crore as interest subvention in 5 years for the term loan availed from banks / financial institutions in Northeast, difficult and notified ITDP areas.
SPV mandatory
The MFPS proposed framework also encompasses implementation procedure for mega and mini food parks. The food ministry seeks projects implementation through a Special Purpose Vehicle (SPV) which would be promoted by the food process