Limit of Accommadation

 

With a view to accelerate industrial development /growth and provide self employment  and further employment opportunities to skilled and semi skilled persons of the state, the Corporation provides financial assistance to prospective and existing entrepreneurs for implementation of conceived projects, improvement/expansion in existing units with total outstanding against that concern, entity in respect of all such arrangements   together with the amount of the face value of the shares and stocks of that concern whether subscribed or agreed to be subscribed and the outstanding liabilities on account of underwriting agreement and the deferred payments guarantee in respect of all types of credits/liabilities in respect of following sectors not exceeding;

A. Upto ` 10.00 crore in case of Corporation, company and  Co-operative society.

B. Upto ` 2 crore in respect of proprietary/partnership concerns/firm.