SMPL New Delhi [India] May 28 India is a nation where agriculture forms the backbone of the economy and the quest for a robust support system for farmers and agro-based industries is utmost essential Recognizing this Bank of Maharashtra introduces the Maha Krishi Samridhi Yojana MKSY offering financial assistance to food and agro-based industries agri-infrastructure projects involved in processing activities and the development of agricultural infrastructure facilities MKSY scheme provides comprehensive solution for Individuals Proprietary Firms Partnership Concerns Farmer Producer Companies FPCs Public and Private Limited Companies LLPs working in food and agro-processing sector Nurturing Growth in Agriculture Bank of Maharashtra understands the process of financing to agri-businesses and hence in order to encourage Agro Based Industries as well as attract New Farmers Agri-Business entrepreneurs borrower units to grow and expand MKSY scheme is designed to meet the financial needs of a
Get latest articles and stories on Business at LatestLY. New Delhi [India], May 28: India is a nation where agriculture forms the backbone of the economy and the quest for a robust support system for farmers and agro-based industries is utmost essential. Recognizing this, Bank of Maharashtra introduces the Maha Krishi Samridhi Yojana (MKSY), offering financial assistance to food and agro-based industries, agri-infrastructure projects involved in processing activities, and the development of agricultural infrastructure facilities. Business News | Bank of Maharashtra's Maha Krishi Samrudhi Yojana (MKSY): Financial Support for Food and Agro-Based Industries.
Bank of Maharashtra's Maha Krishi Samrudhi Yojana (MKSY): Financial Support For Food & Agro-Based Industries freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
The Sub-scheme will be implemented as a Central Sector Sub-scheme under the Central Sector Component of the PMMSY at an estimated outlay of Rs.6,000 crore consisting of 50% i.e. Rs.3,000 crore public finance including the World Bank and the AFD external financing, and rest 50% i.e.Rs.3,000 crore being the anticipated investment from the beneficiaries/private sector leverage. It will be implemented for 4 (four) years from FY 2023-24 to FY 2026-27 across all the States and UTs.