Objectives Creation of processing and preservation capacities

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Presentation transcript:

CEFPPC Scheme for Creation / Expansion of Food Processing / Preservation Capacities Objectives Creation of processing and preservation capacities Modernization and expansion of exist food processing units

Pattern of Assistance 35% of the eligible project cost subject to a maximum of Rs. 5.00 crore

Eligible sectors Fruits & Vegetables processing Milk processing Meat / poultry/ fish processing Ready to eat / ready to cook Grains / pulses, oil seed milling and processing based on modern technology Modern rice milling Other agri - horti products – spices, coconut, soybeen, mushroom processing, honey processing etc., Fruits / honey based wines Natural food flavours, food additives / food extract & color, oleresins (not synthetic), guar gum, cocoa products etc., Processing plants that makes food products fit for human and animal consumption to be set up in Mega Food Parks

Eligible criteria Promoter share should be 20% Minimum 20% of loan Loan sanction should be after the date of advertisement of EoI Commercial production should not be prior submission of application to the ministry Project cost should be more than Rs. 3 crore Same applicant apply two more proposals, previous project have successfully completed one year before

Project components Eligible project components for grant includes the cost of plant & Machinery and Technical civil work. Cost of ‘Utilities’ essential for the plant i.e. Water pipeline, DG set, Boiler, Solid waste treatment plant, ETP etc. are also considered under eligible project cost subject to restriction of above cost being maximum 25% of the total project cost.