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MSME

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Nature of assistance Maximum 70% of the cost of equipment plus<br />

taxes/duties, transportation and installation<br />

charges; minimum assistance will be Rs.25 lakh.<br />

Minimum of 30% of cost of equipment proposed<br />

to be acquired the machinery should be new one.<br />

Who can apply<br />

How to apply<br />

Related scheme<br />

Description<br />

Enterprises having good track record.<br />

To the Chairman and Managing Director, NEDFi,<br />

G.S. Road, Dispur, Guwahati – 781006.<br />

iii) Initiative for Development of<br />

Entrepreneurs in Agriculture (IDEA)<br />

The scheme intends to promote agri-business<br />

ventures in the North-East Region and assist in<br />

establishing agri-business as a profitable venture.<br />

It also provides gainful employment opportunities<br />

and makes available supplementary sources of<br />

input supply and services.<br />

Nature of assistance Composite loan comprising term loan and<br />

working capital; maximum project size should be<br />

Rs.25 lakh term loan from NEDFi, maximum up<br />

to 75% of the project cost, promoter’s<br />

contribution will be 25% of the project cost.<br />

Who can apply • Graduates and Post graduates in agriculture<br />

and allied subjects.<br />

• Graduates, Post-graduates from other<br />

disciplines having experience and skill to<br />

undertake Agri Business ventures can also be<br />

considered.<br />

• The proposed units could be proprietorship,<br />

partnership or a company.<br />

• The promoter or their units must not be a<br />

94

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