(a) whether any assistance sought from the World Bank for the infrastructural development of Banana processing; and
(b) if so, the details thereof?
(a) whether any assistance sought from the World Bank for the infrastructural development of Banana processing; and
(b) if so, the details thereof?
THE MINISTER OF FOOD PROCESSING INDUSTRIES (SHRI SUBODH KANT SAHAI)
(a) & (b): Ministry of Food Processing Industries has not sought any World Bank assistance
for the infrastructural development of Banana processing. However, Ministry of Food Processing
Industries extends financial assistance in the form of grant-in-aid to entrepreneurs @ 25% of the
cost of Plant & Machinery and Technical Civil Works subject to a maximum of Rs. 50 lakhs in general
areas or 33.33% subject to a maximum of Rs.75 lakhs in difficult areas under the Scheme of
Technology Upgradation/Establishment/Modernization of food processing industries including Banana
processing.