(a) whether there is any proposal to set up Food Development Bank; and
(b) if so, the details thereof?
(a) whether there is any proposal to set up Food Development Bank; and
(b) if so, the details thereof?
THE MINISTER OF STATE OF THE MINISTRY OF FOOD PROCESSING INDUSTRIES (SHRI SUBODH KANT SAHAI)
(a) & (b): Government has not proposed for setting up of the
Food Development Bank. However, in the Budget 2006-07, the
Government have announced that NABARD will create a separate
window with a corpus of Rs. 1,000 crore for refinancing loans
especially for agro-processing infrastructure and market
development.