The Presidents/ CEOs,
All Banks/ DFIs.

Dear Sirs / Madam,

Scheme for Financing Locally Manufactured
Machinery- Eligibility of the Industry

PPlease refer to the Para No. 2 of the Annexure-A attached with BPD Circular No. 25 dated July 24, 2004.
2. In this connection it is advised that, henceforth, the locally manufactured machinery, equipments and accessories thereof, used in the spinning, weaving & processing sub-sectors of the Textile Sector shall also be eligible for financing under the captioned scheme.

3. Other instructions on the subject shall remain unchanged.

Please acknowledge receipt.