Circulars/Notifications / Infrastructure, Housing & SME Finance Department  

 IH&SMEFD Circular Letter No. 04 of 2012
March 16, 2012 

The Presidents/ CEOs,
All Banks/DFIs

Dear Sirs / Madams,

Long Term Financing Facility (LTFF) - Eligibility of Dairy Sector

This refers to Schedule 1 attached with Long Term Financing Facility (LTFF) for Plant & Machinery, which was circulated vide MFD Circular No. 07 dated December 31, 2007 and amended from time to time. 

2.         It is advised that the Dairy Sector has also been included in the list of Sectors/Sub-Sectors eligible under the captioned Facility. Therefore, banks/DFIs can also provide financing facilities for new imported and locally manufactured plant, machinery & equipment to be used by the Export Oriented Projects for storage, chilling, processing and packaging of Dairy Products including machinery used in the conversion / preservation of milk into powdered form, keeping in view the terms and conditions of the subject Facility.

3.         All other instructions issued on the subject shall remain unchanged..

Yours faithfully,


(Syed Samar Hasnain)

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