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RFC/P&G/983/2002

RAJASTHAN FINANCIAL CORPORATION
( FINANCE SECTION )

Ref.No.RFC/F.13(215)346/491 Dated : 04.09.2002

C I R C U L A R

Reg : Amendment in 2% Interest Subsidy Scheme, 1998.

The State Government vide Notification No. 12(14)Ind/1/98 dated 26.07.2002 has made following amendments in 2% Interest Subsidy Scheme, 1998 w.e.f. 26.07.2002 as per details given below:-

(1) The words �Hotel, Motel� appearing at S.No. 11 in Annexure �A� of the Scheme have been deleted.

(2) In clause 4(e) �Eligible Industrial Unit� a new condition (V) has been added as under :-

(V) Hotel/Motel units in which at least 50% local unskilled persons are employed.

The scheme was circulated by the Corporation vide P.G. Circular No. 850 dated 28.02.2000.

All concerned are, therefore, requested to make a note of it in the said P.G. Circular w.e.f. 26.07.2002. The Notification of Government of Rajasthan dated 26.07.2002 is reproduced overleaf.

( R. S. GUPTA )
General Manager( Fin. )


RAJASTHAN FINANCIAL CORPORATION
( FINANCE SECTION )

Ref.No.: RFC/F.13(215)346/1037 Dated : 20.01.2004

CIRCULAR

Reg.: 2% Interest Subsidy Scheme, 1998

The State Government vide its order No. F.12(14)Ind./1/98 dated 3.1.2004 has advised that under the above scheme interest subsidy will now be sanctioned upto 31.03.2004 irrespective of the date on which application has been received. It has also been clarified that under the scheme only such unit will be entertained who fulfil all other conditions of the scheme and have been sanctioned or disbursed loan (as was required under the scheme) upto 31.03.2003. A copy of the Government order is reproduced overleaf.

All are requested to kindly make a note of it and ensure to forward the applications received immediately to appropriate authority so that the same may be disposed of within stipulated time.

( R.S.Gupta )
GEN.MANAGER(FIN.)


Government of Rajasthan
Industries(Gr.I) Department

No.F.12(14)Ind/I/98 Jaipur, Dated: 03.01.04

Order

Rajasthan Interest Subsidy Scheme, 1998 was introduced vide this Department notification of even number dated 29.9.99. The scheme was operative till 31.3.2003. Under the above scheme interest subsidy will now be sanctioned upto 31.3.2004 irrespective of the date on which application has been received.

However, it is further clarified that under the scheme only such unit will be entertained who fulfil all other conditions of the scheme and have been sanctioned or disbursed loan (as was required under the scheme) upto 31.3.2003.

By order,
(Shikhar Agrawal)
Deputy Secretary to Government

 

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