There would be a two stage screening process. At the first level, a District level Screening Committee would screen applications.
The District Level Screening committee shall comprise the following.
|2||ADC HQ||Member Secretary and Convener|
|4||District Agricultural Officer||Member|
|5||District Horticulture Officer||Member|
|6||District Fishery Officer||Member|
|7||District Textile Officer||Member|
ADC (HQ) will function as Entrepreneurship Development Officer. The prospective entrepreneurs should submit their applications in prescribed format as at Annexure ‘A’ along with the educational qualification and make a presentation before the District Level Screening Committee, which would meet at least once a month.
The Applications of bonafide entrepreneurs recommended by District Level Committee would thereafter be placed before the State Level Committee comprising the Following members:
|4||General Manager, NABARD||Member|
|5||MD, APSCAB Ltd.||Member|
|7||AGM, SBI, RO, Itanagar||Member|
|8||Additional Secy. (Fin)||Member Secretary|
The State Level Committee will give an in-principle approval for subsidy and forward it to the concerned bank with a clear recommendation for necessary financial assistance. The State Level Committee would meet once a month for such purposes.
Banks after sanction of loan, will submit their subsidy claim along with a copy of sanction letter and “in-principle” subsidy approval letter of the State Level Committee to NABARD, RO, Itanagar, NABARD would act subsidy channelizing partner for operationalizing scheme.
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