The Ministry of Consumer Affairs, Food and Public Distribution (MoCAFPD) on June 21, 2023, issued an amendment to Notification No. S.O. 1228 (E) dated March 08, 2019, which states “Scheme for extending financial assistance to molasses-based standalone distilleries for enhancement and augmentation of ethanol production capacity”
The following has been stated namely: -
• Para 6(ii) of the notification may be read as under: -
“The applicant should get the loan disbursed from the bank by 30th September, 2023, failing which the in principle approval for the project will stand cancelled. Further, the project should be completed within two years from the date of disbursement of first installment of loan from bank.”
[Notification No. 1(10)/2018-SP-I]
