Food Processing Secretary A K Srivastava said that Nabard so far has approved loans worth around Rs 540 crore for food parks and have also disbursed Rs 40-45 crore.
"What we are now looking for is if Nabard could also fund our new cold chain projects. Till now, they are doing only for the mega food parks and the units therein. If they could also do that (financing) for cold chain and also the processing units outside the parks, then this fund will be utilised in a faster manner," he told reporters here.
Loan is extended by Nabard from the fund to various categories of promoters in food processing sector.
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