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| Financing-Project Finance Scheme |
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Project Finance
Scheme Purpose
For setting up new SSI units. However, preference
will be given to units with export orientation, import substitution, and technically oriented.Modernisation, technology
upgradation, diversification and expansion of existing well run units in the SSI sector.For setting up of small hotels and
other tourism related activities as well as hospitals and nursing homes.Eligible
Borrowers New or existing SSI concerns. They should be, generally, at least private limited
companies. Norms Term loan not less than Rs.15 million. The limits for states of Eastern Region, North-Eastern
Region, Jammu & Kashmir and Himachal Pradesh shall be Rs.7.5 million. Debt Equity Ratio - Not to exceed
2:1
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