Benefit

·       Eligible units intending to upgrade their manufacturing infrastructure to attain WHO-GMP norms

·       Interest subvention against loan sanctioned by scheduled bank

·       Upper sub limit of interest subvention is restricted to 6% p.a. for period of 3 years. Maximum loan eligible will be Rs.4 crore availed be concerned SME.

Eligibility

·       Public Sector Financial institution to be identified by bank.Commercial bank extending loan for pharma SMES

Objectives

Strengthening of Pharmaceutical Industry