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Legal Central Ministry of Consumer Affairs, Food and Public Distribution Essential Commodities Act, 1955

Loan disbursed to facilitate increase production of ethanol and its supply under Ethanol Blended with Petrol (EBP) Programme by 31st March, 2023

06-Oct-2022 | 1(10)/2018-SP-I

The Department of Food and Public Distribution to increase production of ethanol and its supply under Ethanol Blended with Petrol (EBP) Programme, especially in the surplus season and thereby to improve the liquidity position of the sugar mills enabling them to clear cane price arrears of the farmers, notified different interest subvention schemes for sugar mills and distilleries during 2018-2021. By virtue of this notification the applicants who have submitted applications to DFPD under this scheme shall get their loans disbursed from the bank by 31st March, 2023 otherwise approval for the project will stand cancelled. Further, the project shall complete within two and a half years from the date of disbursement of first installment of loan from bank.

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