APPROVING/SANCTIONING AUTHORITIES FOR FINANCIAL ASSISTANCE AT TDB:

TDB provides financial assistance upto 50% of the project cost (as soft loan); 25% of project cost (equity) and grant (in exceptional cases). As per laid down procedure following are the approving / sanctioning authorities for financial assistance at TDB:

Financial Assistance:

• upto Rs. 2.50 crore: Chairperson, TDB;
• between Rs. 2.50 crore to Rs. 10.00 crore: Sub-committee of the Board;
• above Rs. 10.00 crore: Board.