Loans

Procedure for Sanction / Disbursement

Grant of loans to sugar factories for various purposes under the Sugar Development Fund Act, 1982 and Sugar Development Fund Rules, 1983 as amended from time to time.

Sugar Development Fund Act, 1982 and Sugar Cess Act, 1982.

Sugar Development Fund Act provides for financing of activities for development of sugar industry and for matters connected therewith or incidental thereto. The Sugar Cess Act provides for imposition of a cess on sugar for the purposes of the Sugar Development Fund Act, 1982.