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POLICY & REGULATIONS

MoFPI extends date for food processing capacities scheme till March 31
Saturday, 25 January, 2020, 08 : 00 AM [IST]
Ashwani Maindola, New Delhi
The Ministry of Food Processing Industries (MoFPI) has extended the date for submission of proposals under the scheme for Creation/Expansion of Food Processing and Preservation Capacities (CEFPPC) scheme under the Pradhan Mantri Kisan Sampada Yojana (PMKSY) until March 31, 2020.

The earlier date was December 31, 2019.

MoFPI, in this regards, issued a notice saying that the ministry has reviewed the status of the implementation of the scheme and based on the request received from the investors and entrepreneurs, the closing date for the submission of the proposal under the scheme was extended for three months.

‘Now the proposals can be submitted upto March 31, 2020,’ the notice stated.

The notice further said that the interested promoters or investors willing to setup their food processing units, may submit their proposals through the online portal on or before 11.30 pm on March 31, 2020, as per the prescribed guidelines.

The notice, meanwhile, explained that the proposals received against this EoI will be approved but subject to the availability of funds. Further, mere submission of application with required document against the EoI does not confer any right on the applicant for claim of grant in aid under the scheme.

Explaining further, a senior official with the MoFPI informed that the investors were advised to submit their application before the deadline to avoid last minute rush and the ministry will not be responsible for any delay in submission of their application.

It is pertinent to mention here that the MoFPI has issued an Expression of Interest notice in July last year inviting applications from investors for the CEFPPC scheme under the PMKSY and the last date was set on December 31.
 
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