The Presidents/Chief Executives
All Banks/DFIs

Dear Sirs/Madam,

Scheme for Long Term Financing for the Export Oriented Projects (LTF-EOP)

Please refer to the captioned Scheme circulated vide BPD Circular No. 14 dated 18th May, 2004 alongwith other instructions issued from time to time.

2. With a view to enhance the scope and coverage of the Scheme, it has been decided that henceforth facilities under the Scheme shall also be eligible for following sub-sectors/processes of Spinning Sector:-

i) Doubling
ii) Twisting
iii) Combing
iv) Slubbing
v) Lycra
vi) Yarn Dyeing

3. The above instructions shall be applicable from the date of issuance of this circular letter. Other instructions on the subject shall remain unchanged.