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(ii) The rate of subsidy is 15% for all units of micro and small enterprises up to loan ceiling at Sr. No. (i) above. (iii) Calculation of admissible subsidy will be done with reference to the purchase price of plant and machinery instead of term loan disbursed to the beneficiary unit.

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category, do not avail interest subsidy from other schemes of Central Government/State Government for the same purpose. x) The designated Bank will lay down the detailed procedure for processing and sanctioning of interest subsidy to eligible students in consultation with Ministry of Minority Affairs.

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