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What is Haryana Food Processing Subsidies about?

Units with annual turnover between Rs. 5 crore and Rs. 75 crore will be classified as small enterprises. The document outlines various subsidies and financial incentives provided by the states of Uttar Pradesh and Haryana to support the food processing industry, including: (1) subsidies up to 25% of capital expenditures or Rs. 50 lakh for setting up or modernizing food processing units; (2) reimbursement of up to 100% of interest rates on loans for micro and small food processing businesses for 5 years.

Author

Ramji

Language

EN