With a view to encourage the sponsors of Rice Husking
Mills / Automatic Sella Plants to modernize their mills/units
to produce quality rice, SBP is introducing a new medium
to long term financing Scheme. Financing facilities under
the Scheme shall be allowed subject to the terms &
conditions prescribed under scheme for “Refinancing
Facility for Modernization of Small and Medium Enterprises
(SMEs)” details of which are attached as
Annexures.
2.
Under the Scheme financing shall be available at subsidized
rates for import/purchase of new Rice Husking Machines,
Paddy Driers and Parboiling Plants by the sponsors of
Rice Husking Mills / Automatic Sella Plants. The rates
of mark-up under the Scheme shall be as under:-
3.
This Scheme shall be effective from the date of issuance
of this circular and shall remain valid only up to June
30, 2011.
Yours
faithfully,
Encl: (i) Scheme (ii) Documents