New proposals under existing schemes will be invited for approval of financial assistance which will have to be completed by June 30, 2021.
According to office Memorandum no. F. NO. 42(02)PF-II/2014 dated February 9, 2021, issued by the Department of Expenditure, Ministry of Finance; The Agricultural and Processed Food Products Export Development Authority (APEDA) has informed all the exporters that Financial Assistance under APEDA’s Agriculture and Processed Food Export Promotion Scheme will be continued till June 30, 2021. Furthermore, it mentioned that new proposals under existing schemes will be invited for approval of financial assistance which will have to be completed by June 30, 2021.
The notice also issued that no funds will be released beyond the given date, in case if any scheme is not appraised and approved by then subject to any specific relaxation given by the Department of Expenditure in this regard.
APEDA’s Agriculture and Processed Food Export Promotion Scheme has been initiated by the Government of India. The primary objective of the scheme is mandated with the task of agro-industries development and export promotion of food products from the country. Under this scheme, the Government grants financial assistance to the exporters of the agricultural and processed food products
