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<h1>North Eastern Industrial Units Eligible for 3% Interest Subsidy on Loans Under 2007 Scheme; Excludes Tobacco and Petroleum.</h1> The Central Interest Subsidy Scheme, 2007, under the North Eastern Industrial and Investment Promotion Policy, offers a 3% interest subsidy on working capital loans for industrial units in the North-Eastern Region of India, effective from April 1, 2007, to March 31, 2017. Eligible units include new and expanding industrial units in sectors like hotels, medical services, vocational training, biotechnology, and power generation. The North Eastern Development Financial Corporation (NEDFi) manages subsidy disbursements based on State Level Committee recommendations. The scheme excludes industries like tobacco, pan masala, and certain petroleum products, and requires compliance with specific conditions to maintain eligibility.