https://www.taxtmi.com/news?id=22542 Approval raised the interest subvention under the Dairy Processing and Infrastructure Development Fund (DIDF) to up to 2.5% per annum and increased the scheme outlay to Rs. 11,184 crore. DAHD will contribute the interest subvention to cover the difference between NABARD's cost of funds and the rate at which NABARD lends to NDDB/NCDC; NABARD will mobilise market borrowings and lend to implementing agencies, with eligible end borrowers and NDDB/NCDC making defined contributions. Funding and repayment periods were extended, and any further increase in cost of funds is to be borne by end borrowers. en-us Wed, 19 Feb 2020 17:20:40 +0530 Wed, 19 Feb 2020 17:20:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=22542 Approval raised the interest subvention under the Dairy Processing and Infrastructure Development Fund (DIDF) to up to 2.5% per annum and increased the scheme outlay to Rs. 11,184 crore. DAHD will contribute the interest subvention to cover the difference between NABARD's cost of funds and the rate at which NABARD lends to NDDB/NCDC; NABARD will mobilise market borrowings and lend to implementing agencies, with eligible end borrowers and NDDB/NCDC making defined contributions. Funding and repayment periods were extended, and any further increase in cost of funds is to be borne by end borrowers. News - Wed, 19 Feb 2020 17:20:40 +0530 https://www.taxtmi.com/news?id=22542